Recurring Fixed Deposit


  • Can be opened with a Minimum Balance of NPR. 10,000.
  • Installment: Quarterly.
  • Installment Amount : Minimum at the rate 13.385% of Initial (Opening) Principal Amount.
  • Penal interest is levied on withdrawal of fixed deposit prior to maturity.
  • Monthly Interest Capitalized or Interest Can be transfer to other saving Account.
  • Net Amount (After Tax) will be paid to Customer after maturity period.
  • 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 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.