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
Muktinath Bikash Bank Limited
Bankrate Nepal Review
3
Interest Rate(P.A)As of August 25
6.25%4.50%3.50%3.00%2.75%
Minimum Balance
Rs. 0Rs. 0Rs. 0Rs. 0Rs. 0
Tenure
3.08 years1.08 years9 months6 months3 months
About Muktinath Bikash Bank
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.
NIC ASIA Bank has its antecedents in NIC Bank which was established on 21st July 1998. The Bank was rechristened as NIC ASIA Bank after the merger of NIC Bank with Bank of Asia Nepal on 30th June 2013. This was a historic merger in the annals of the Nepalese financial landscape as the first of its kind merger between two successful commercial banks in the country.
Today, NIC ASIA has established itself as one of the most successful commercial banks in Nepal. Read More
Fixed Deposit Account
Sarbashrestha Muddati Khata-General is a premium Fixed Deposit account designed for individual and institutional users with unique advantages beyond appealing interest rates.
Interest Rate
5.90%
Minimum Balance
Rs 10,000
Product Features & Benefits
Flexible tenure systems (Our Fixed Deposit can be opened for periods ranging from 3 months to 15 years).
*Terms and Conditions may apply.
Customer Segment
General
Tenure
3 months to 15 years
Fixed Deposit
Shree Investment & Finance Company Limited
Bankrate Nepal Review
2
Interest Rate(P.A)As of August 25
6.25%5.75%5.25%
Minimum Balance
Rs. 0Rs. 0Rs. 0
Tenure
2 years1 year6 months
About Shree Investment And Finance CO
Shree Investment & Finance Co Ltd.(SIFCO) was incorporated in the year 1994 (2051 BS) by a group of eminent businessmen from Kathmandu , as a Financial Services Company and a Merchant Bank under the Nepal Finance Company Act, 1985 and the Nepal Company Act, 1964. The Company has been licensed by the Nepal Rastra Bank as “C” class Financial Institution to undertake finance services and merchant banking activities in the country.Read More
Shree Investment & Finance came up with a new and advance outlook with the varities of innovative products and services. We also provide one window service to serve customer with quick and easy documentation in account opening and getting credits and other facilities in very competitive and negotiable rate and charges.
Fixed Deposit Schemes ( From 3 months to 5 years) Features:
Lucrative Interest Rates
Monthly/Quarterly Interest Payment
Flexibility in choosing Time Frame
Simplified Fixed Deposit Loan
Complimentary Saving Account
Interest Automatically Credited to Saving Deposit A/c
Fixed Deposit
Excel Developemnt Bank Limited
Bankrate Nepal Review
3
Interest Rate(P.A)As of August 25
6.15%5.50%4.25%4.00%3.75%
Minimum Balance
Rs. 0Rs. 0Rs. 0Rs. 0Rs. 0
Tenure
3 years1 year9 months6 months3 months
About Excel Development Bank
Development Banking Sector remained dominated by government owned bank for more than five decades. With the liberalization of economy private sector started to promote development banks obtaining license from Nepal Rastra Bank, the central Bank of Nepal. Excel Development Bank Limited is licensed by Nepal Rastra Bank under banking and financial Regulation Act 2061.The bank is promoted by a group of experienced and highly motivated individuals from all walks on life. The promoters include; professional bankers, Entrepreneurs, Educationalists and Technocrats. Read More
Fixed Deposit
Kamana Sewa Bikash Bank Limited
Bankrate Nepal Review
3.5
Interest Rate(P.A)As of August 25
6.15%5.75%4.00%3.75%3.00%
Minimum Balance
Rs. 0Rs. 0Rs. 0Rs. 0Rs. 0
Tenure
3 years2 years1 year6 months3 months
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
Garima Bikash Bank Limited
Bankrate Nepal Review
3
Interest Rate(P.A)As of August 25
6.11%4.50%3.50%3.00%2.75%
Minimum Balance
Rs. 0Rs. 0Rs. 0Rs. 0Rs. 0
Tenure
5 years2 years1 year6 months3 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.
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
Mahalaxmi Bikash Bank Limited
Bankrate Nepal Review
2
Interest Rate(P.A)As of August 25
6.11%5.00%4.50%4.00%3.80%
Minimum Balance
Rs. 0Rs. 0Rs. 0Rs. 0Rs. 0
Tenure
5 years3 years2 years1 year6 months
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
Shine Development Bank Ltd. was established in Butwal-Rupandehi, western Nepal’s economic and industrial center, on Falgun 11, 2065 BS with service regions spanning three districts. After merging with Resunga Bikas Bank on 2069, Chaitra 4 from Gulmi Region, the development bank was renamed Shine Resunga Development Bank Ltd., and its service territories were expanded to ten districts. The development bank was further merged with Gaumukhi Bikas Bank from Pyuthan district on Jestha 29, 2073 BS. With acquisition of Bhaargav Bikas Bank and Purnima Bikas Bank on 2076, Ashwin 27 the development bank was upgraded to a national level development bank on 2076 Mangshir 10. Headquartered in Butwal, Rupandehi district, the development bank prioritizes easy financial access for both urban and rural customers following all the directives issued by Nepal Rastra Bank and other prevailing laws and regulations. Read More
Fixed Deposit
Target Segment: As prescribed by Nepal Rastra Bank
Features :
Interest Calculation on
Daily Balance
Interest Payment Frequency
Quarterly
Loan Against FD
Base rate or coupon rate plus 2% whichever is higher
Fixed Deposit
Lumbini Bikash Bank Limited
Bankrate Nepal Review
3
Interest Rate(P.A)As of August 25
6.10%5.10%5.00%
Minimum Balance
Rs. 0Rs. 0Rs. 0
Tenure
2.08 years1.08 years6 months
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.
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.
