Fixed Deposit interest rate in Nepal (Updated 2026) Most commercial banks currently offer FD interest rates ranging approximately from 2.8% to 5.8% p.a. for individual customers, depending on tenure. Short-term FDs (3–6 months) start around 2.8%–3.3%, 1–2 year FDs around 3.5%–4.5%, and longer and higher FDs (above 5 years) may go up to ~5.8% or more at select banks. Rates depend upon tenure, and deposit type, and are subject to change.
Fixed deposits (FDs) remain one of the most reliable and secure investment options in Nepal. Banks and financial institutions revise FD interest rates regularly, depending on market conditions and Nepal Rastra Bank (NRB) guidelines.
Here, you can explore the best updated fixed deposit interest rate in Nepal for 2026, with comparisons across commercial banks, development banks, and finance companies.
For the exact Intersection you can check on the following links:
Fixed Deposit
Guheswori Merchant Banking & Finance Limited
Bankrate Nepal Review
2
Interest Rate(P.A)As of January 10
7.00%5.50%5.25%5.00%4.50%4.25%
Minimum Balance
Rs. 0Rs. 0Rs. 0Rs. 0Rs. 0Rs. 0
Tenure
5 years3 years2 years1 year6 months3 months
About Guheswori Merchant
The institution is promoted by local reputed businessmen, entrepreneurs, educationalist, intellectuals, bankers and ex-bureaucrats.Read More
Fixed Deposits
Period
Interest Rate (p.a.)
Payment Frequency
Individual
Institutional
3 months
6.75 %
–
Monthly/ Quarterly/ Maturity
6 months
7.00 %
6.00 %
9 months
7.25 %
6.25 %
1 Year to below 2 Years
7.50%
6.50 %
2 Year to 3 Years
7.75 %
6.75
Above 3 years
8.00 %
7.00 %
Recurring Deposit
(1 year to 10 Years period)
6.75 %
–
Quarterly/ Yearly
Call Deposit
Up to 2.62 %
Quarterly
Fixed Deposit
Gurkhas Finance Limited
Bankrate Nepal Review
2
Interest Rate(P.A)As of January 10
4.50%4.35%4.25%4.15%4.00%3.70%
Minimum Balance
Rs. 0Rs. 0Rs. 0Rs. 0Rs. 0Rs. 0
Tenure
5.08 years2 years1 year9 months6 months3 months
About Gurkhas Finance
Gurkhas Finance Limited, one of the leading finance in Nepalese Banking Industry has observed a good share of growth through organic business. The finance has completed 27 years of journey since its inception. The Finance has 26 branches, 1 extension counters and 6 ATMs across the country making it one of the leading finance of Nepal in terms of geographical reach and clientele segments with customer base more than 90,000. As one of the leading finance, the Finance will be there where growth is, connecting customers to the opportunities, enabling business to thrive and economies to prosper and ultimately helping people to fulfill their hopes and realize their ambitions. The Finance offers full range of banking facilities & services for personal, entities including corporate customers, backed by team of highly motivated, young and dynamic professionals.Read More
Individual Fixed Deposit
A fixed deposit is an account that provides a higher interest rate than other account products of the bank. Any individual can open a fixed deposit. A fixed deposit opened by any individual person is an individual fixed deposit. Fixed deposit is open for the specific period of time (like 3 months, 6 months, 9 months, 1 year, etc.)
Institutional Fixed Deposit
A fixed deposit is an account that provides a higher interest rate than other account products of the bank. Any firms, institutions can open a fixed deposit. A fixed deposit opened by any firm, institutions, and companies is an institutional fixed deposit. Fixed deposit is open for the specific period of time (like 3 months, 6 Months, 9 months, 1 year, etc.)
Himalayan Bank Limited, established in 1993 as a Joint Venture of Habib Bank Limited of Pakistan has been successfully reigning the banking industry since its inception. Read More
Features
Deposit of funds for a fixed period of time ranging from 3 months and above
Minimum balance of Rs 10,000 only
Benefits
Interest calculated on daily outstanding balance and credited on quarterly or semi annually basis
Loan against FD up to 90% of FD value can be availed at any time
Deposit Guarantee of up to Rs. 500,000/- in line with regulatory requirement of Nepal Rastra Bank
*Conditions Apply
Fixed Deposit
ICFC Finance Limited
Bankrate Nepal Review
3
Interest Rate(P.A)As of January 10
6.00%4.50%4.25%
Minimum Balance
Rs. 0Rs. 0Rs. 0
Tenure
5 years2 years1 year
About ICFC
ICFC Finance Limited is a National Level Class ‘C’ Financial Institution licensed by Nepal Rastra Bank, registered in 2003 under the Company Act 2053 and Bank & Finance Ordinance, 2060 commenced its operations from July 15, 2004. Headquartered in Bhatbhateni, Kathmandu, Nepal. ICFC has been promoted primarily to cater to the financial needs of small and medium enterprises. Read More
Fixed Deposit
Individual:
S.N.
Fixed Deposit
Interest Rate (% p.a.)
1.
3 Months to below 6 Months
5.25
2.
6 Months to below 1 Year
6.00
3
1 Year to below 2 Years
7.05
4.
2 Years to 3 Years
7.20
5.
Above 3 years
7.40
6.
Recurring Deposit
7.05
Remittance (Individual)
1.
1 Year & above
8.05
Institutional:
S.N.
Fixed Deposit
Interest Rate (% p.a.)
1.
1 Year and above
5.50
Fixed Deposit
Janaki Finance Company Limited
Bankrate Nepal Review
2
Interest Rate(P.A)As of January 10
4.00%7.00%6.45%6.20%5.60%
Minimum Balance
Rs. 0Rs. 0Rs. 0Rs. 0Rs. 0
Tenure
2 years1 year9 months6 months3 months
About Janaki Finance Company
Janaki Finance Company Limited was established on 2052 B.S. It has been giving excellent services to its valuable customers for 26 years. Since the day of inception till date the motto of the finance has remained towards the better and easy service to the customer. The company has started its service with the paid up capital amount Rs. 6 Million. Now the company has been able to raise the paid up capital amounted to Rs. 690.47 Million. The Profit, Net worth, collection of deposits and investments are in growing trend. It has been able to keep enough liquidity ratios. It is also succeed in providing the regular dividends to the shareholder. Share Capital of Finance company comprises 51% from Promoters and 49% from Public. Janaki Finance Company has been awarded by highly income tax paid for FY 2078.79 in BFI’s sector at Madhesh Province.Read More
Fixed Deposit
Eligibility: Any Nepalese citizen / corporate
Retirement Scheme
Eligibility: Any Nepalese Senior citizen
Minimum Balance: NRs. 1,20,000 (Balance should be in multiple of NRs. 1,20,000)
Interest: NRs. 1,000 for each Balance of NRs. 1,20,000 montly.
Period: 5 year
Double Fixed Deposit
Eligibility: Any Nepalese citizen / corporate
Balance is double in 75 Months .
Jyoti Bikash Bank Limited is a national level development bank engaged in commercial banking activity with category “Kha” license from Nepal Rastra Bank.The Bank started its operation from 9th Shrawan 2065. Established by a core group of promoters coming from the employees of Nepal Electricity authority among other businessmen, professionals and common citizens, the bank had an original focused vision of promoting hydropower sector through lending credit facilities to potential hydro projects. Continuously assessing the needs of the common citizens and economy of the country on the whole, the Bank has by now established itself as a financial institution catering to a large segment of the society with the cause of the citizens’ needs at the centre. Read More
Fixed Deposit
Put your idle money in fixed deposit and earn attractive returns. Open fixed deposit account with Jyoti Bikash Bank today and earn attractive interest.
Products
Type
Existing Rate
Interest Payment Mode
3 months
Individual
4.50%
Quarterly Payment
6 Months to below 1 Year
Individual
5.00%
Quarterly Payment
Institutions and Others
3.00%
1 Year to 3 Years
Individual
5.50%
Quarterly Payment
Institutions and Others
3.50%
Above 3 Years
Individual
7.00%
Quarterly Payment
Institutions and Others
5.00%
Call Deposit
Up to 1.5%
Jyoti Dui Guna Scheme
Jyoti Dui Guna Scheme is designed for you to double your initial investment after certain period of time. Through this scheme, you can sit back and double your initial investment which will meet your future cash flow.
It’s a safe investment option and is not subject to market risks. Further, you can plan your future cash flows through today’s investment.
Product Name
Tenure
Interest Rate
Jyoti Dui Guna(Individual)
13 Years 11 Months
5.00%
Fixed Deposit
Kamana Sewa Bikash Bank Limited
Bankrate Nepal Review
3.5
Interest Rate(P.A)As of January 10
5.55%4.00%3.50%
Minimum Balance
Rs. 0Rs. 0Rs. 0
Tenure
3.08 years2 years1 year
About Kamana Sewa Bikash Bank
Kamana Sewa Bikas Bank Limited is a National level development bank promoted by highly prominent business personalities/ groups and reputed individuals of the region who have excelled in their field of business/profession with very good integrity and social standings. Under the guidance of reputed Board of Directors and professional and dynamic management team having extensive experience with proven track-record in the banking industry, Kamana Sewa Bank is committed to offer a wide range of banking products and services tailored with the state-of-the-art technology to meet the unique requirements of all the customer/clients and thereby delight them by exceeding their expectations. Read More
Individual Fixed Deposit
Individual fixed Deposit can be opened by any customer who have maintained Saving Accounts in the bank. Individual(Joint) can open Fixed Deposit by debiting the amount from the savings account and placement of Fixed Deposit at a defined period of Time.
Features
Minimum Amount: NPR 5,000/-
Tenure: 3 months & above
Interest calculation: Interest Calculation on daily basis and payable at Quaterly / At Maturity
Interest Rate: As per Published rate by the Bank from time to time
Loan against FD : Loan against FD on basis of 90% balance of coupon price.
Eligibility:
All Individuals (Account can be opened by minor and jointly) having saving account maintained with Bank.
Institutional Fixed Deposit
A fixed deposit is an account that provides a higher interest rate than other account products of the bank. Any firms, institutions can open a fixed deposit. A fixed deposit opened by any firm, institutions, and companies is an institutional fixed deposit. Fixed deposit is open for the specific period of time (like 3 months, 6 Months, 9 months, 1 year, etc.)
Fixed Deposit
Karnali Development Bank Limited
Bankrate Nepal Review
1.5
Interest Rate(P.A)As of January 10
7.00%7.50%
Minimum Balance
Rs. 0Rs. 0
Tenure
6 months1 year
About Karnali Development Bank
Karnali Development Bank Limited is the first Development Bank in the Mid & Far Western Region of Nepal, established on Falgun 6, 2060 under Bank Act 2052 BS. KDBL was incorporated to extend the banking approach to rural and urban developing sectors of society. Karnali Development Bank Limited (KDBL) is a bank in Nepal that offers a range of services, including savings and current accounts, deposits, and loans. KDBL was established in 2060 under the Bank Act 2052 BS and was the first development bank in the Mid and Far Western Region of Nepal. The bank’s central office is in Nepalgunj, and it has 19 branch offices across the country.Read More
Fixed Deposit
Krishi Bikash Bank Limited
Bankrate Nepal Review
4
Interest Rate(P.A)As of January 10
4.55%3.00%2.85%2.75%
Minimum Balance
Rs. 0Rs. 0Rs. 0Rs. 0
Tenure
4 years3 years2 years3 months
About Krishi Bikash Bank
With the main objective of providing institutional credit for enhancing the production and productivity of the agricultural sector in the country, the Agricultural Development Bank, Nepal was established in 1968 under the ADBN Act 1967, as successor to the cooperative Bank. The Land Reform Savings Corporation was merged with ADBN in 1973. Subsequent amendments to the Act empowered the bank to extend credit to small farmers under group liability and expand the scope of financing to promote cottage industries. The amendments also permitted the bank to engage in commercial banking activities for the mobilization of domestic resources.Read More
Fixed Deposit
An individual customer can be opened or renewed FD with a minimum Balance of NRs. 10,000. Penal interest is levied on withdrawal of fixed deposit prior to maturity. Interest is payable Quarterly.
Fixed Deposit
Kumari Bank Limited
Bankrate Nepal Review
4
Interest Rate(P.A)As of January 10
4.33%3.31%2.81%2.75%
Minimum Balance
Rs. 0Rs. 0Rs. 0Rs. 0
Tenure
2 years1 year6 months3 months
About Kumari Bank
Kumari Bank Limited, came into existence as the fifteenth commercial banks of Nepal, starting its banking operations from Chaitra 21, 2057 B.S (April 03, 2001) with an objective of providing competitive modern banking services in the Nepalese financial market. The Bank has paid up capital of NPR 26.23 billion.
Kumari Bank Limited provides a wide-range of modern banking services through 409 points of representation located in various urban, semi-urban and rural parts of the country, with 302 branches, 50 extension counters and 57 Branchless Banking Units. Read More
Fixed Deposit
Features:
Interest Rate: 6.06% p.a. (must be changed as per the monthly revised rate)
Minimum balance: NPR10,000.00
Tenure: 1 year to maximum 5 years
In the current Fixed Deposit Plus account, accrued interest will be posted and accumulated on a quarterly basis.
Following the maturity date, the customer is able to receive the entire amount (principle plus accrued interest).
Fixed deposits (FDs) continue to be one of the most popular and safe investment options in Nepal. Most fixed deposit interest rates vary across financial institutions and depend mainly on the deposit tenure, depositor type (individual, remitter, senior citizen), and the specific bank’s policy.
According to recent comparative summaries, fixed deposit interest rates in Nepal typically range from the lower single digits in short-term tenures to higher mid-single digits for longer terms (higher FD interest rates), with some finance companies offering competitive rates to attract depositors. Fixed Deposit (FD) interest rates in Nepal vary widely across banks and financial institutions, depending on:
Tenure of the fixed deposit
Type of depositor (individual/institution/remittance)
Bank policies and monetary conditions
According to multiple recent rate sources, typical FD returns currently range from ~2.8% to 5%+ per annum for individual Nepali investors, with some institutions offering higher on longer terms or special schemes.
Why are fixed deposits more applicable?
Fixed Returns: FD returns are guaranteed, and there would be predictable growth.
Regulated and safe -All the financial institutions operate under the watchful eye of Nepal Rastra Bank
Flexible Tenures – Range of between 3 months to several years.
Extra Rates Special schemes. There are special schemes in which the senior citizens and remittance accounts receive extra interest.
Frequently Asked Questions
The average fixed deposit interest rates in Nepal in 2026 generally range from about 3% to 5.5%+ per annum, depending on bank and tenure, with longer tenures offering higher returns. Many institutions fall within this mid-single-digit range for normal FDs, aligning with overall market trends
At present, some development and finance institutions list higher FD returns, and commercial bank comparisons show rates up to around ~5.5% p.a. for long-term deposits, though this varies by bank and tenure
Most banks and finance companies allow FDs starting from 3 months, with options available up to 5 years or more, and longer tenures generally pay higher interest rates.
Yes, many banks provide higher FD interest rates for remittance-based deposits, often around 1 % above standard rates, making remittance FDs more attractive for NRNs.
Yes, you can, but premature withdrawals usually result in reduced interest rates or penalties. It’s recommended to align your FD tenure with your savings goals to avoid loss of interest.
Yes, Some of the banks and financial institutions in Nepal offer senior citizen FD rates that are slightly higher fd rates than regular rates. This makes fixed deposits a popular safe investment option in Nepal for retirees.
