In Nepal (Updated 2026), Fixed Deposit interest rate Nepal FD rates in most commercial banks presently go between an approximate of 2.8 to 5.8 p.a. on individual customers, depending on the tenure. Short-term FDs (3 to 6 months): 2.8% to 3.3, 1 to 2 years: 3.5% to 4.5%, and long and high FDs (more than five years): they can reach 5.8 and above at some banks. Interest rates are variable and are based on tenure and type of deposit.
The fixed deposits (FDs) have continued to be one of the safest and surest ways of investing in Nepal. Bank and financial institutions change the interest rates of FDs frequently, as per the market and the guidelines of Nepal Rastra Bank (NRB).
In this case, you are able to research the most updated fixed deposit interest rate in Nepal in 2026 and compare it with commercial banks, development banks, and finance companies.
Exact data and proper fixed deposit interest of Nepal will be on the following links
Fixed Deposit
ICFC Finance Limited
Bankrate Nepal Review
3
Interest Rate(P.A)As of February 6
5.50%4.25%4.00%
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
Mahalaxmi Bikash Bank Limited
Bankrate Nepal Review
2
Interest Rate(P.A)As of February 6
5.50%4.00%3.50%3.00%
Minimum Balance
Rs. 0Rs. 0Rs. 0Rs. 0
Tenure
5 years3 years2 years1 year
About Mahalaxmi Bikash Bank
Mahalaxmi Bikas Bankwas established by renowned professionals with an accomplished leadership on B.S.2052 with the main theme of “Strong BankSuccessful Co-Operation” . The bank is licensed by Central Bank of Nepal as a“B” class National Level Bank and it is the first national development bank to raise the required minimum capital as stipulated by Nepal Rastra Bank. The bank has been offering banking services over 800 thousand customers as of Ashad End 2081 through wide range of 103 branches and 49 ATM. The head office of the bank is in Durbarmarg, Kathmandu.Read More
Fixed Deposit
Fixed Term Deposit Account allows the customers to invest a lump sum of money for a pre-determined period of time at an interest rate which remain unchanged during the whole period of fixed term deposit. The interest rate on fixed term deposit is higher in comparison to the normal saving account.
Product Features:
Tenure: Minimum 1 Year to Maximum 10 Years
Interest Payment: Quarterly
Loan Facility: up to 90% of the Fixed Term Deposit Amount
Focused on You: Bespoke Banking for all at Muktinath Bikas Bank
When you join Muktinath, you are not just an account number or staff member. You are our valuable member.
With over 18 years of history and more than NPR 131 billion ($986 million) in Balance Sheet size 179 branch outlets and making banking simpler for our 1,400,000+ happy customers nationwide.Read More
Fixed Deposit
Facilities
FIXED DEPOSIT (Effective from 2081/05/01)
Product
Interest Rate(Per Annum)
Payment Frequency
Minimum Balance
1. Individual Fixed Deposit Product
6 Months
5.10%
Quarterly Basis
9 Months to below 1 Year
5.20%
Quarterly Basis
1 Year to 2 Years
6.05%
Quarterly Basis
Above 2 Years to 10 Years
6.75%
Quarterly Basis
Muktinath Remittance Fixed Deposit(Up to 2 Yrs Only)
+1% as per the tenure
Quarterly Basis
Rs. 5,000
Recurring Deposit(Upto 5 Years only)
6.75%
Quarterly Basis
Min. Rs. 500 to Max. Rs.20,000
Muktinath Pension Scheme
6.75%
Quarterly Basis
Rs 50
2. Institutional Fixed Deposit Product
6 Months
4.10%
Quarterly
9 Months to below 1 Year
4.25%
Quarterly
1 Year to 2 Years
5.50%
Quarterly
Above 2 Years to 10 Years
5.75%
Quarterly
3. Akshaya Kosh
Negotiable
Monthly/Quarterly
Rs. 5,000
Note:
1. Monthly interest on fixed deposit shall be paid as per the banks’ decision.
2. The interest rate on account opened for USD pre-paid card shall be zero percentage.
Fixed Deposit
Garima Bikash Bank Limited
Bankrate Nepal Review
3
Interest Rate(P.A)As of February 6
5.43%4.00%3.00%2.75%2.75%
Minimum Balance
Rs. 0Rs. 0Rs. 0Rs. 0Rs. 0
Tenure
5 years2 years1 year3 months6 months
About Garima Bikash Bank
Garima Bikas Bank Limited, a National Level Development Bank previously headquartered at Waling, Syangja, commenced its commercial operations on the 18th of Kartik, 2064 and the formal inauguration took place on the 7th of Marg, 2064. The bank, which initially started its banking transactions with a paid-up capital of only NPR 26.5 million, had covered three districts i.e Syangja, Palpa, and Kaski as a Regional Level Development Bank. On the 20th of Chaitra, 2068, its business coverage area was expanded to 10 districts. Read More
Fixed Deposit
Interest Rate: Equivalent to one year’s highest interest rate
Minimum Balance: 10,000
Interest Payment: Quarterly
Garima Fixed Deposit Account is high interest bearing account where customers make deposit for stipulated time duration. The duration of deposit may be as short as 3 months and as long as the customer desire to make deposit. The rate on the deposit is negotiable if customer desire to make deposit for longer duration of time. Garima Fixed deposit; account and watch customer money grow in a secured way. Fixed deposit schemes provide you greater earnings along with the benefit of credit facility up to 90% of Fixed Deposit to meet short term financial needs.
Eligibility:
All Nepalese Individual
Firms/Companies/ Profit Organization/ Non-Profit Organization not for BFI’s
For Individuals
Completed FD account opening form
Two Passport photograph (for new customer)
Valid means of identification; Citizenship ID or Passport
Birth Certificate or age verifying document in case of minor and copy of Citizenship of the Guardian
Nominee Citizenship copy & one Passport Size Photo (Nominee not mandatory)
For Firms/Companies/Organizations
Completed FD account opening form
Copy of the Firm / Company / Organization Registered and renewal of it if applicable
Copy of PAN certificate
Minute of Board in case of company
Copy of Citizenship individual / proprietor / Authorized directors of the Company
Pre Matured Fixed Deposit
In a situation when fixed deposit is not due for payment but client is requesting for payment he/she should be explained about loss of interest. Instead by liquidating fixed deposit he/she should be advised to avail advance/loan against the Fixed Deposit Receipt. Even if the customer does not agree the FDR can be liquidated after taking approval of operation in charge or branch manager with following actions:
The interest rate applicable will be normal saving account’s rate which is less than the closet prevailing rate for the completed period. The excess interest paid previously should be deducted from the principle amount against the following entry:
DR -> Depositor’s Account
CR -> Interest Expense on Fixed Deposit
In case of Garima Swastha Surakshit Nikchep Yojana, branch should inform Head Office for cancellation of insurance.
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
Lumbini Bikash Bank Limited
Bankrate Nepal Review
3
Interest Rate(P.A)As of February 6
5.43%4.50%
Minimum Balance
Rs. 0Rs. 0
Tenure
5.08 years3.08 years
About Lumbini Bikash Bank
Lumbini Bikas Bank has been an emerging name in the field of banking and financial sector of Nepal. It stands with 89 branches, 1 extension counter, 20 ATMs and more than 600 staff providing wide range of services to more than 15,000 loan customers is the driving force of the bank.Read More
Fixed Deposit
Introduction
This Product Paper states and defines process/procedures related to “Lumbini Sahayatra Muddhati Khata”.
“Lumbini Sahayatra Muddhati Khata” is a fixed nature product which primarily targets to individual depositors. This product has been designed to encourage individuals to deposit money on a high interest paying account. This helps bank to enhance individual deposit by offering attractive interest rate in a fixed deposit account.
Type of Product
Fixed Deposit Account
Purpose of the Deposit
Increase our individual deposit portfolio.
Reduce concentration on corporate and call deposit (comparatively volatile in nature).
Provide deposit product with simple and easy features to the ordinary individual deposit customers.
To attract and accumulate sustainable deposits from individuals.
Growing Stronger With Time Excelling in banking Service
Shangri-la Development Bank, one of Nepal’s largest national-level development banks, completes 19 glorious years. Established in 2061 B.S, the bank has always been on the top list when it comes to fulfilling the financial requirements of people
The bank’s board members include eminent individuals with years of experience and expertise in the banking and financial sectors.Read More
Fixed Deposit
Fixed Deposit Account are high interest bearing accounts where customers make deposit for stipulated time duration. The duration of deposit may be as short as 3 months and as long as the customer desire to make deposit. The rate on the deposit is negotiable if you desire to make deposit for longer duration of time.
At maturity automatic renewal of Fixed Deposit is made as per the instruction of the customers.
Eligibility
All Nepalese Individual
Firms/ Companies / Organization both profit making and non-profit making which are registered as per laws of Nepal .( NOT for BFIs)
Fixed Deposit
Sindhu Bikash Bank Limited
Bankrate Nepal Review
1.5
Interest Rate(P.A)As of February 6
5.43%4.25%3.85%
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
Best Finance Company Ltd. was established by a group of enthusiastic, entrepreneurs and dynamic Non-Resident Nepalese (NRNs) Businessmen. The Finance was incorporated under Company Act on 2052/03/08 and acquired license from Nepal Rastra Bank to perform financial transactions. The Finance started its formal operations on 2052/10/18 from Chabahil, Kathmandu. It has been promoted primarily to cater to the financial needs of Small and Medium enterprises. As per the decision of AGM of the institution and approval from Office of the Company Registrar on 2074/05/21 the name ‘General Finance Ltd’ was changed into ‘Best Finance Company Ltd’ and started its operations on 2074/06/24 with the name of Best Finance Company Ltd. Currently the finance has 18 branches. Read More
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 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 our sources like NRB and other banks, average FD returns currently range from ~2.8% to 5%+ per annum for individual Nepali investors, with some institutions offering higher returns on longer terms or special schemes.
Why are fd more applicable?
Fixed Returns: FD returns are mostly positive, 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 and 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.
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.
