Fixed Deposit Comparison Calculator
Compare fixed deposit rates from up to 3 different banks in Nepal.
Compare Fixed Deposits
Bank 1
Bank 2
Bank 3
Comparison Results
| Bank | Interest Rate | Maturity Amount | Interest Earned | Effective Rate |
|---|---|---|---|---|
| Enter details and click Compare FDs | ||||
Fixed deposit rates in Nepal
FD rates vary by bank, amount, and tenure. Larger amounts and longer tenures typically get higher rates.
• Commercial banks: 7-10% per year
• Development banks: 9-12% per year
• Finance companies: 10-13% per year
Factors affecting FD rates:
• Deposit amount (larger = higher rate)
• Tenure (longer = higher rate, usually)
• Bank type (commercial vs development vs finance)
• Market conditions and NRB policy rates
Tax: Interest is subject to TDS (Tax Deducted at Source)
FAQs
Are fixed deposits safe in Nepal?
Yes! Deposits up to NPR 5 lakh per person per bank are insured by Deposit & Credit Guarantee Fund. Choose class A, B, or C licensed institutions.
Can I withdraw FD before maturity?
Yes, but you'll pay a penalty (typically 1-2% interest reduction) and lose some interest. Better to plan tenure carefully.
Which bank gives the highest FD rate?
Rates change frequently. Finance companies usually offer highest rates (10-13%), then development banks (9-12%), then commercial banks (7-10%).
Should I choose monthly or quarterly compounding?
Monthly gives slightly better returns, but the difference is small. Quarterly is most common in Nepal.
How is FD interest taxed?
Banks deduct TDS at 5% for individuals. You must include FD interest in your tax return and pay any additional tax based on your bracket.