Citizen Investment Trust Calculator
Calculate your returns from Citizen Investment Trust (CIT) investments.
Calculate CIT Returns
Investment Returns
Tax benefit: Interest from CIT bonds and savings may be partially tax-exempt. Check current tax laws.
About Citizen Investment Trust
CIT is a government-owned financial institution in Nepal that mobilizes savings and provides loans. It's considered one of the safest investment options.
• Savings Account: 5-7% interest, fully liquid
• Fixed Deposit: 7-9% interest, lock-in period
• CIT Bonds: 8-10% interest, tax benefits, 5-10 year maturity
• Special schemes: Muktinath Saving, Pragatishil Bachat
Benefits:
• Government backing (very safe)
• Tax benefits on certain schemes
• Competitive interest rates
• Accessible through branches nationwide
• Tax-deductible contributions (up to limits)
Eligibility: Nepali citizens can invest in CIT
FAQs
Is CIT safe?
Yes, very safe! CIT is government-owned and backed by the Government of Nepal. It's one of the safest investment options in Nepal.
What are CIT bonds?
Long-term investment instruments (5-10 years) offering fixed interest with tax benefits. Good for retirement planning.
Can I withdraw anytime?
Savings: Yes. Fixed deposits: Usually after maturity or with penalty. Bonds: After maturity only (but can be used as loan collateral).
Are CIT returns taxable?
Partially. Some CIT schemes offer tax-free or reduced-tax interest. CIT contributions are tax-deductible up to statutory limits.
How does CIT compare to banks?
CIT typically offers similar or slightly higher rates than commercial banks, with added tax benefits and government security.