Overview
"Grow
your money safely with a trusted partner."
The General Fixed Deposit (GFD) is a
reliable investment option that allows you to deposit a lump sum amount for a
fixed tenure and earn attractive, guaranteed returns at a fixed interest rate.
It’s an ideal savings solution for individuals seeking stable and secure
financial growth. An operational account (Savings or Current) is required for
crediting interest and principal upon maturity.
Eligibility
Eligible Customers: Nepalese
Individuals, Minors (under parental or guardian supervision)
Documentation
For Individuals:
·
Citizenship
Certificate or valid government-issued ID (Passport, Driving License, Voter
Card)
·
National ID
·
PAN Card (if
applicable)
·
Two recent
passport-sized photographs
·
Recent utility bill
(e.g., electricity or water) for address verification (optional)
·
Any other documents
as required by the Bank
For Minors:
·
Birth Certificate of
the Minor
·
Citizenship or valid
ID of the parent/guardian
For
Nominee Assignment (Optional):
·
Nominee’s photograph
·
Nominee’s signature
Features
·
Minimum Deposit: NPR
10,000
(Lower amounts accepted upon request by a Nepal Government entity)
·
Tenure: 3 months to
5 years
(Period more than 5 years available upon special request by government
entities)
·
Interest Payout:
Quarterly
·
Thumbprint operation
available for illiterate or differently abled individuals
·
Power of Attorney
option supported
·
Maturity Payment:
Principal and interest credited to linked Savings or Current account
Renewal Facility:
·
Renew at prevailing
interest rates: If maturity proceeds remain unused, customer may request
renewal retroactively from maturity date
·
Premature
Withdrawal: Allowed with applicable penal interest
·
TDS as per Income
Tax Act 2058 (2001)
·
Inclusive Access:
·
Open in the name of
one person and designate a third-party beneficiary (can be changed before
maturity)
·
Easy Access: Open
through ADBL Smart Banking, Available via Online Account Opening System
Loan Against Fixed Deposit
·
Available across
ABBS-enabled branches
·
Loan Limit: Up to
90% of the deposit amount
·
Interest Rate: 2%
premium on the higher of either Current published rate for GFD or Coupon rate
of same FD
Why Choose ADBL’s General Fixed
Deposit?
·
Guaranteed returns
with peace of mind
·
Trusted institution
with decades of banking expertise
·
Digital onboarding
through Smart Banking & online systems
·
Personalized service
and flexible withdrawal/renewal options
Open a General Fixed Deposit with
ADBL today — secure, stable, and rewarding. Visit your nearest branch or log in
to ADBL Smart Banking or Online Account Opening System to get started.
