NRN FCY Fixed Deposit
Features
- Fixed Deposit can be opened with a minimum balance of USD 5,000 or equivalent to other FCY.
- 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 : 1 year to 5 years.
- Eligibility: NRN People and Other Individuals having income on FCY.
- Documents: NRN Card/Proof of FCY Income/Citizenship /National ID Card / Voter ID Card / Driving License / Passport or VISA / PAN Card.
Nominees form
- Photograph of the nominee.
- Signature of the nominee.
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