General Fixed Deposit

Fixed Deposit

Features

  • Fixed Deposit can be opened with a minimum balance of NPR. 10,000.
  • 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 Individual and Minors.
  • Documents: 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.