Can be opened with a Minimum Balance of NPR.72124.
After 5 Years Return will be 1 Lakh after Tax and so on.
Penal interest is levied on withdrawal of fixed deposit prior to maturity.
Quarterly Interest Capitalized.
Tax is deducted at source from the interest on saving deposit as per the income Tax Act, 2058 (2001).
Nomination facility is available.
Tenure : 5 years.
Eligibility: Nepalese Individual and Minors.
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.