ADBL Remittance Fixed Deposit

Features

• Fixed Deposit can be opened with a minimum balance of NPR. 5,000.
• Payable on Maturity.
• Penal interest is levied on withdrawal of fixed deposit prior to maturity.
• Interest is payable Quarterly.
• Tax is deducted at source from the interest on saving deposit as per the income Tax Act, 2058 (2001).
• Nomination facility is available.
• Tenure : 3 months to 5 years.
• Eligibility: Nepalese Individuals who're working on Foreign Country and their Own Family Members.
• Documents: Proof of Remit and SWIFT Transfer/Citizenship /National ID Card / Voter ID Card / Driving License / Passport / PAN Card / Birth Certificate for Minors.
• Guardianship to verified with related documents for Minors.

Nominees form

• Photograph of the nominee.
• Signature of the nominee.