Fixed deposits (FDs) remain one of the most reliable and secure investment options in Nepal. With guaranteed returns and low risk, they are highly preferred by both individuals and institutions. Banks and financial institutions revise FD rates regularly, depending on market conditions and Nepal Rastra Bank (NRB) guidelines.
Here, you can explore the updated fixed deposit interest rate in Nepal for 2025, with comparisons across commercial banks, development banks, and finance companies.
Latest Fixed Deposit Rates in Nepal
Fixed deposit schemes in Nepal usually range from 7% to 10% annually, depending on the tenure and the financial institution. Some banks also provide higher FD interest rates for remittance accounts and senior citizens.
For the exact Interesect you can check on the following links:
Fixed Deposit
Multipurpose Finance Limited
Bankrate Nepal Review
1.5
Interest Rate(P.A)As of August 25
7.25%6.50%6.25%6.00%5.80%
Minimum Balance
Rs. 0Rs. 0Rs. 0Rs. 0Rs. 0
Tenure
2 years1 year9 months6 months3 months
About Multipurpose Finance
Multipurpose Finance Limited (MPFL) is a province level class “C” finacial institution licenced by Nepal Rastra Bank and is established in the year 2054 B.S. Having six branches across the Madhesh Province including head quarter at Rajbiraj, Saptari and corporate office at Janakpurdham, Dhanusha. MPFL is recognized as one of the growing, efficient and professional financial institutions in Nepal. A core philosophy of the finance lies in nurturing relationships with customers and clients. Read More
Fixed Deposit
Features
S.N.
Description
Individual Int. Rate
Institutional Int. Rate
1
3 Months
8.00%
2
6 Months
8.10%
7.10%
3
9 Months
8.30%
7.30%
4
1 Year
8.50%
7.50%
5
2 Year & Above
8.75%
7.75%
Documents required
Duly filled fixed account opening form with signature
Citizenship of the account holder.
Fixed Deposit
Narayani Development Bank Limited
Bankrate Nepal Review
2
Interest Rate(P.A)As of August 25
7.25%7.00%6.50%
Minimum Balance
Rs. 0Rs. 0Rs. 0
Tenure
1 year6 months3 months
About Narayani Development Bank
Narayani Development Bank Limited initially operated its transactions from 28th September 2001 District level “B” class license financial institution with the name of Narayani Audhogik Bikas Bank Limited. and was renamed Narayani Development Bank Limited. The bank was established with the aim of providing the best services to the customer and being their first choice. Read More
Fixed Deposit
Grow your wealth securely with NDBL’s reliable deposit services. Whether you’re looking for a high-yield savings account to grow your emergency fund or a long-term Fixed deposit (FD) to save for a major purchase, NDBL offers a variety of deposit products to fit your financial goals. Visit our nearest branch today and see how much your money could grow with NDBL!
Fixed Deposit
ICFC Finance Limited
Bankrate Nepal Review
3
Interest Rate(P.A)As of August 25
7.00%6.25%5.50%4.40%4.00%
Minimum Balance
Rs. 0Rs. 0Rs. 0Rs. 0Rs. 0
Tenure
5 years2 years1 year6 months3 months
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 August 25
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 .
Fixed Deposit
Manjushree Finance Limited
Bankrate Nepal Review
2
Interest Rate(P.A)As of August 25
7.00%6.25%6.00%5.80%5.25%4.00%
Minimum Balance
Rs. 0Rs. 0Rs. 0Rs. 0Rs. 0Rs. 0
Tenure
5 years3 years2 years1 year6 months3 months
N.A
Fixed Deposit
Miteri Development Bank Limited
Bankrate Nepal Review
2
Interest Rate(P.A)As of August 25
7.00%6.75%6.50%5.27%5.00%4.75%
Minimum Balance
Rs. 0Rs. 0Rs. 0Rs. 0Rs. 0Rs. 0
Tenure
3 years2 years1 year9 months7 months3 months
About Miteri Development Bank
Miteri Development Bank Limited is registered at “Company Register Office” under Company act 2063 and is licensed by Nepal Rastra Bank under banking and financial act 2063 as ‘B’ class bikas bank. The bank is promoted by a group of experienced and highly motivated individuals from all groups. The promoters include; Bissenessman, professional bankers, Doctors, Entrepreneurs, Educationalists and Technocrats. Besides, more number of promoters includes from Dharan muncipality. Read More
Nature of Deposit
Interest Rate
Individual Fixed Deposit
3 Month
5.75%
6 Month to 9 Month
6.00%
1 Year to 2 Years
7.00%
More than 2 Years
7.50%
Corporate Fixed Deposit
6 Month to 9 Month
5.00%
1 Year to 2 Years
6.00%
More than 2 Years
6.50%
Fixed Deposit
Central Finance Limited
Bankrate Nepal Review
2
Interest Rate(P.A)As of August 25
6.75%6.50%6.25%5.75%5.50%5.25%
Minimum Balance
Rs. 0Rs. 0Rs. 0Rs. 0Rs. 0Rs. 0
Tenure
3 years2 years1 year9 months6 months3 months
About Central Finance
Central Finance Limited completed 27 years of its glorious and successful years of operation as a national-level financial institution licensed by Nepal Rastra Bank on April 15, 2024. It is one of the prominent financial institutions among NRB-licensed C-category BFIs. Since its inception, it has been actively catering to the financial service needs of small, medium, and high-net-worth individuals, business enterprises, industries, and trading houses. It has been mobilizing financial resources through various accounts, depositing products and services, and facilitating financing needs from individuals to corporate entities.Read More
Fixed Deposit
With a fixed deposit, anyone can deposit a lump sum amount of money (one-time large deposit) in Central Finance for a predetermined amount of time at a predetermined rate of interest. The depositor then receives the amount invested plus compound interest at the end of the term. FDs sometimes go by the name term deposits.
A set rate of interest is guaranteed to investors who open a fixed deposit account. In exchange, the investor agrees not to withdraw or access their money for a predetermined amount of time, which may be anything until three months or up to 2 years or less.
Fixed Deposit
Progressive Finance Limited
Bankrate Nepal Review
2
Interest Rate(P.A)As of August 25
6.75%6.50%6.35%6.00%5.75%5.50%
Minimum Balance
Rs. 0Rs. 0Rs. 0Rs. 0Rs. 0Rs. 0
Tenure
3 years2 years1 year9 months6 months3 months
About Progressive Finance
Progressive Finance Limited is a Public Limited Company registered on 14th Ashwin, 2051 under the Company Act, 2021 BS. We are a C-class licensed financial institution under Nepal Rastra Bank 2062 31’1’ Act. Located at the heart of Kathmandu – Pako, Newroad, we started our operations from 14th Falgun 2052 BS. Our name was changed to Progressive Finance Limited from Merchant Finance Limited in 2067 upon the approval of company’s Annual General Meeting, Nepal Rastra Bank and Company Registrar’s office.Read More
Fixed Deposit
A fixed deposit (FD) is a financial instrument provided by banks or NBFCs which provides investors a higher rate of interest than a regular savings account, until the given maturity date.
A single deposit, invested for a fixed period, at a guaranteed, fixed rate of interest. Our Fixed Deposit account offers a range of investment periods and guaranteed interest rates to suit your exact needs. Whether short or long term, for 3 months or more than 2 years, we will provide you with the reasonable interest rates throughout the agreed investment period.
A fixed deposit is a good choice to save for wealth creation, retirement and education.
Fixed Deposit
Sindhu Bikash Bank Limited
Bankrate Nepal Review
1.5
Interest Rate(P.A)As of August 25
6.61%5.71%4.75%
Minimum Balance
Rs. 0Rs. 0Rs. 0
Tenure
1 year6 months3 months
About Sindhu Bikash Bank
SINDHU BIKASH BANK is the first development bank, opened in Sindhupalchok district of Nepal and started operation on Bhadra 24, 2067 i.e. September 9, 2010. This bank is licensed by Nepal Rastra Bank (Central Bank of Nepal) & running under the Company Act & Bank & Financial Institution Act of Nepal. Sindhupalchok Chamber of Commerce & Industry of Nepal has taken the initiative to open the bank.
The bank was established with 184 nos. of valued promoter shareholders and the members of promoter shareholders increased after the trading of Shares. The objective of the founder was essential to promote banking habits & entrepreneurship among the community of Sindhupalchok, Kavrepalanchok, Dolakha, Makwanpur and Chitwan districts of Nepal. The bank has created a solid customer base in this short period.
This bank has built a network of 26 branches & 1 limited banking outlet till April 2024 providing services to 140345 customers (Approx). Each branch provides effective & efficient services and significantly contributes to the growth of individuals & the nation. The bank offers major services in various segments of accounts and deposits, loans, money transfers & other value-added services. Our mission is to be a leading client-focused, innovative & low-cost provider of financial services through the distribution channels of the clients’ preference in the market where we can create value.
At Sindhu Bikash Bank, what motivates us is the passion to excel in banking by maintaining the highest standards of services to our customers backed by innovative products & services which will make us one of the most successful public sector development banks in the country provides services to wide range of customers from individual to corporate clients. Read More
Fixed Deposit
Green Development Bank Limited
Bankrate Nepal Review
3
Interest Rate(P.A)As of August 25
6.30%5.25%4.75%4.50%
Minimum Balance
Rs. 0Rs. 0Rs. 0Rs. 0
Tenure
2 years1 year6 months3 months
About Green Development Bank
GREEN DEVELOPMENT BANK LTD with the slogan “PARTNERING FOR PROSPERITY” is established under the Bank and Financial Institution Act, 2063 in Baglung Municipality of Baglung district as a 5 districts level development bank. The working area of the bank as per the guidelines of the Central Bank will be covering 5 districts (Baglung, Myagdi, Kaski, Tanahun and Nawalpur). It is the 1st local development bank of Baglung. Read More
Fixed Deposit Account is an interest bearing account, where a fixed amount is held at a fixed interest rate and is repayable (principal/interest) at a fixed future date as agreed at the time of placement of the deposits.
Features & Benefits
Fixed Deposits can be opened only by account holders.
Normally the interest rate on Fixed Deposits is higher than the interest rate on Savings Account.
The minimum amount open Fixed Deposit is currently fixed at NPR 10,000/-.
Interest in Fixed Deposit is paid as per customer’s request (Monthly/Quarterly/At Maturity).
An investment alternative, which is safe and allows funds to be placed for a fixed period with interest rate guaranteed for that period.
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 between3 months to several years.
Extra Rates Special schemes There are special schemes which the senior citizens and remittance accounts receive extra interest.
FAQ’s
The average FD return in Nepal is around 6.2%–6.5% per annum. Rates vary depending on the type of institution, deposit duration, and whether the account is for NRN (Non-Resident Nepalis) or remittance-based deposits.
Finance companies and development banks usually provide the highest FD rates in Nepal, sometimes reaching 8%–8.5%. Commercial banks, while safer, generally offer slightly lower rates between 3%–5.5%.
Most banks and finance companies offer FDs starting from 3 months, with options extending up to 5+ years. Longer tenures generally provide higher interest rates.
Yes. Many banks and development banks in Nepal provide higher FD interest rates for remittance-based accounts (NRN or funds sent from abroad). These rates can be 1% higher than normal FDs.
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 banks and financial institutions in Nepal offer senior citizen FD rates that are slightly higher than regular rates. This makes fixed deposits a popular safe investment option in Nepal for retirees.
