We all know that fixed deposits provide the highest interest rates in Nepal. Due to its high interest rate, it’s pretty popular among the senior citizens in our country. However, along with its highest interest rate among other saving products, it has the limitation of time (maturity), and the rate of interest remains fixed ‘constant’ until maturity. So, here’s Nepal’s latest fixed deposit interest rate for all Banks and Finance companies.
About Fixed Deposit
Fixed Deposit is also called Term Deposit or Time Deposit. Such a Deposit is done for a specific period or limited term, so this Deposit’s interest remains fixed until its maturity. The term/period of fixed Deposit is in practice from 3 Months to 6 Months (5 Years).