Fixed Account

Features

  • Fixed Deposit can be opened with a minimum balance of NRs.
  • Payable upon maturity
  • Penal interest is levied on withdrawal of FD prior to maturity.
  • Interest is payable Quarterly.
  • Tax is deducted at source from the interest on saving deposit as per the Income Tax Act, 2058(2001).
  • Nomination facility is available.
  • Strict confidentiality is assured.

NBL Fixed Deposit Accounts
S.N. Deposit Type Interest Rate Minimum Balance Required (NPR)
1.
3 Month
8.50%
25000.00
2.
6 Month (Individual)
9.50%
25000.00
3.
6 Month (Institutional)
8.50%
25000.00
4.
1 Year Fixed Deposit (Individual)
10.00%
25000.00
5.
1 Year Fixed Deposit (Institutional)
9.00%
25000.00
6.
Above 1 year up to 2 years (Individual)
9.50%
25000.00
7.
Above 1 year up to 2 years (Institutional)
8.50%
25000.00
8.
Above 2 years up to 5 years (Individual)
9.00%
25000.00
9.
Above 2 years up to 5 years (Institutional)
8.00%
25000.00
FCY Fixed Deposit
1.
USD
Negotiable
USD 500.00
* The Interest Rates are subject to change as per the market condition.

Eligibility:
  • Individuals.
  • Minors.
  • Trusts.
  • Associations.
  • Clubs.
  • Societies.

Documents :
The copy of the following certified documents has to be submitted while requesting for opening of Account
Personal Account :
  • Identification Card in the form of Citizenship
  • Certificate/Passport/Other ID/PAN Card

Minors:
Guardianship to be verified with related documents

Nominees form:
  • Photograph of the nominee
  • Signature of the nominee

Clubs/Societies and Association:
  • Copy of Registration Certificate
  • Copy of Bye-Laws
  • Copy of Resolution to Open and Operate the account
  • List of members

Corporate body:
  • Certificate of Incorporation
  • Memorandum and Article of Association of the Company
  • Resolution of Board of Directors to Open and Operate the account
  • Sample of Company Seal
  • Name of the Directors of the Board

Partnership Account:
  • Certificate of Partnership Registration
  • Copy of Partnership deed, if any

Proprietorship Account:
  • Registration Certificate
  • Identification of Proprietors