Best banks in Nepal | Offering the highest fd interest

When choosing a bank in Nepal, one of the most important factors is the interest rate on savings and fixed deposit accounts. Higher interest rates can help you grow your savings faster. In this article, we provide an updated list of the banks offering the highest interest rates in Nepal as of April 2025.

Highest Savings Account Interest Rates in Nepal

Here are some of the top banks providing the best savings account interest rates:

Nepal SBI Bank: Offers up to 3.22% per annum on various savings schemes such as Savings Gorkha, Migrant Savings, and NSBL Nari Bachat Khata.
Agriculture Development Bank: Provides 3.00% to 5.76% per annum, depending on the savings account type.
Laxmi Sunrise Bank: Savings account interest rates range from 3.00% to 6.00% per annum.

Highest Fixed Deposit Interest Rates in Nepal

Fixed deposits offer a higher interest rate than savings accounts, making them a great investment option. Here are some of the best fixed deposit interest rates available:

Nepal SBI Bank: Provides up to 5.50% per annum for individual fixed deposits.
Agriculture Development Bank: Offers interest rates of up to 6.51% per annum based on the deposit term.
Laxmi Sunrise Bank: Provides up to 6.75% per annum for personal remittance accounts.

Factors to Consider When Choosing a Bank

While interest rates are crucial, you should also consider other factors before selecting a bank:

Reputation and reliability: Ensure the bank has a strong financial background and good customer service.
Branch and ATM availability: Choose a bank with convenient branch locations and ATM access.
Digital banking services: A bank with a good online and mobile banking system can make transactions easier.

Current state of fd interest rate (2026) in Nepal?

Nepal interest rates differ widely according to bank, type of deposit (savings, fixed), type of loan (home, auto), and term. However, in general, savings deposits are offered at approximately 2.75 %-3.01 %

Fixed Deposits (FDs) can be offered at 3%-5.75% and above, and loan rates will usually be based on a Base Rate (BR) with a spread, with home loans at 4.67% -5.54% and vehicle loans slightly higher, as of early 2026. Certain rates vary according to the bank (e.g. Nepal Bank, Nabil, NMB, Everest) and the state of the economic climate, with the central bank dictating lending rules.

Common Interest Rates (estimated, as of early 2026):

Deposits (Savings): In the range of 2.75 to 3.01 and even higher on specialised accounts.
Fixed Deposits (FDs): Depends on the term; a short-term deposit may be lower (e.g., 3%), whereas a long-term deposit (1-5+ years) can be high (e.g., 5.50% -5.75%).

Conclusion

If you’re looking for the best interest rates on savings and fixed deposits in Nepal, Nepal SBI Bank, Agriculture Development Bank, and Laxmi Sunrise Bank are great choices. Always compare different banks and consider factors like service quality, accessibility, and banking features before making a decision.

Frequently Asked Questions

There is no single official No. 1 bank in Nepal, but Nepal Rastra Bank regulates all banks and classifies leading institutions based on capital, stability, and compliance.

The safest banks in Nepal are generally large commercial banks regulated by Nepal Rastra Bank, with strong capital adequacy and governance standards.

The top 3 best banks in Nepal commonly include Nabil Bank, Standard Chartered Bank Nepal, and Global IME Bank based on size, performance, and public trust

The big 5 banks in Nepal are typically Nabil Bank, Global IME Bank, NIC Asia Bank, Rastriya Banijya Bank, and Nepal Investment Mega Bank based on assets and market presence.

There is no universally declared No. 1 bank in Nepal, as rankings vary depending on criteria such as assets, profitability, service quality, and regulatory ratings.

For the latest updates on banking rates and financial insights, keep visiting BankRateNepal.com!

Best Banks in Nepal for Savings & Fixed Deposit Interest Rates