Fixed Deposit Interest Rates of Finance Companies in Nepal

Fixed Deposit Interest Rates of Finance Companies

Fixed Deposit Interest Rates of Finance Companies

Here is the updated version of the fixed deposit interest rate of finance companies of Nepal.  You can compare the fixed deposit interest rates of the 13 finance companies from the previous month.

Fixed Deposit Interest Rate of Finance Companies For Baishakh, 2079

Copmany % Rate Link
Pokhara Finance 11.71 - 12.71 Know More
Gurkhas Finance 11.71 - 12.71 Know More
Guheshwari Merchant Banking 11.71 - 12.71 Know More
Samriddhi Finance 11.71 - 12.71 Know More
Nepal Finance 11.71 - 12.71 Know More
ICFC Finance 11.71 Know More
Shree Investment 11.71 Know More
Goodwill Finance 11.71 Know More
Best Finance 11.71 - 12.71 Know More
Reliance Finance 11.71 - 12.71 Know More
Manjushree Finance 11.71 Know More
Progressive Finance 11.71 - 12.71 Know More

What is a fixed deposit?

Fixed Deposit is also known as FD in short is a deposit account at the bank for a fixed period of time. It is also known as the term of time deposit. Fixed Deposit entitles individual investors to fixed interest payment and returns of the deposited amount after its maturity period. Bank offers higher interest rates on FD than saving and current accounts as the money is available for a longer period of time for the bank to use it. Fixed deposit is suitable for senior citizens, pension holders, and retired people who do not need money immediately.


Read – What is Deposit and Types of Deposit in Nepal


What is the fixed deposit rate in Nepal?

The rate of fixed deposit is not fixed however there are between 7% to 11% interest have been providing by banks and financial institutions in Nepal. The. fixed deposit rates are different from one bank to another.

Why fixed deposit interest rate matters?

The fixed deposit rates have several direct and indirect impacts on the economic circulation in the country. The rate of interest provided by the bank and financial institution will severely impact the bank’s liquidity, stock market, loan, and other economic activities.

In fact, interest rates have an inverse proportional relation with the stock market. When banks raise their FD interest rate, low-risk taker investors prefer to save their money in the bank FD rather than investing in the stock market.

Which finance company provides high interest rate?

There is no exact finance company that provides a high-interest rate on fixed deposits. All the finance companies provide the same interest rate as you saw above. Unlike other BFIs, finance companies must set the interest rate within the criteria set by Nepal Rastra Bank.

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