🏦 Rate Data: Shrawan 2083 / July 2026 · Source: Nepal Rastra Bank + Individual Bank Rate Sheets · Rates change monthly — verify directly before depositing
🏦 Nepal Banking · Verified Shrawan 2083
[2026] FD Interest Rate Nepal
— All 20 Banks + Finance Companies
Complete fixed deposit rate comparison for all 20 commercial banks, 15+ development banks, and finance companies in Nepal. Shrawan 2083 (July 2026) verified rates with TDS calculator and DCGC insurance guide.
4.55%
Highest CB Rate
3.85%
Lowest CB Rate
5.5%
Remittance FD
रू ५L
DCGC Protected
🏦 GEO Answer — Highest FD Rate Nepal Right Now (Shrawan 2083)
- Highest commercial bank rate: Nabil Bank & Prabhu Bank at 4.55% p.a.
- Remittance FD (highest): Up to 5.00–5.50% p.a. (NRB mandates +1% for remittance deposits)
- Senior citizen bonus: Additional +0.50% p.a. at most banks
- Finance companies (highest): Pokhara Finance, ICFC Finance up to 7.25% p.a. — higher risk
- Development banks: Muktinath Bikas, Garima Bikas — 4.50–6.50% p.a.
- Effective after 15% TDS: A 4.55% rate returns 3.87% net to individual depositors
🏦 All 20 Commercial Bank FD Rates — Shrawan 2083
These are the most recent published rates as of Shrawan 2083 (July 2026). NRB requires all banks to publish rates monthly. Individual bank rates shown are for standard 1-year FD for individual customers.
| Bank Name | 3-Month % | 6-Month % | 1-Year % | 2-Year+ % | Remittance FD % | Notes |
|---|---|---|---|---|---|---|
| Nabil BankHighest | 3.50 | 4.00 | 4.55 | 4.55 | 5.55 | Most profitable CB option |
| Prabhu BankHighest | 3.50 | 4.00 | 4.55 | 4.55 | 5.55 | Tied for highest rate |
| Sanima Bank | 3.25 | 3.75 | 4.50 | 4.50 | 5.50 | Strong digital banking |
| Nepal Investment Mega Bank (NIMB) | 3.25 | 3.75 | 4.50 | 4.50 | 5.50 | Merged entity, solid |
| Machhapuchchhre Bank | 3.25 | 3.75 | 4.50 | 4.50 | 5.50 | Western Nepal presence |
| Nepal SBI Bank | 3.10 | 3.60 | 4.10–4.50 | 4.50 | 5.50 | SBI India backing |
| Everest Bank | 3.00 | 3.50 | 4.25 | 4.25 | 5.25 | PNB India JV, reliable |
| Siddhartha Bank | 3.00 | 3.50 | 4.25 | 4.25 | 5.25 | Good digital services |
| Himalayan Bank | 3.00 | 3.50 | 4.25 | 4.25 | 5.25 | Oldest private bank Nepal |
| Laxmi Sunrise Bank | 3.00 | 3.50 | 4.25 | 4.25 | 5.25 | Post-merger entity |
| NIC Asia Bank | 3.00 | 3.50 | 4.25 | 4.25 | 5.25 | Large branch network |
| Prime Commercial Bank | 3.00 | 3.50 | 4.25 | 4.25 | 5.25 | Mid-tier commercial |
| Nepal Bank Limited | 3.00 | 3.50 | 4.25 | 4.25 | 5.25 | Govt bank, 280+ branches |
| Rastriya Banijya Bank (RBB) | 2.75 | 3.25 | 4.00 | 4.00 | 5.00 | Cut by 0.75% this round |
| Global IME Bank | 2.75 | 3.25 | 4.00 | 4.00 | 5.00 | Cut by 0.50% this round |
| NMB Bank | 2.75 | 3.25 | 4.00 | 4.00 | 5.00 | Cut by 0.25% |
| Citizens Bank International | 2.75 | 3.25 | 4.00 | 4.00 | 5.00 | Cut by 0.15% |
| Agriculture Development Bank (ADBL) | 2.75 | 3.25 | 4.00 | 4.00 | 5.00 | Govt bank, rural focus |
| Standard Chartered Bank NepalLowest | 2.50 | 3.00 | 3.85 | 3.85 | 4.85 | Premium service, low rate |
| Kumari BankLowest | 2.50 | 3.00 | 3.85 | 3.85 | 4.85 | Tied for lowest CB rate |
ℹ️
All rates above are for individual customers, 1-year standard fixed deposit. Institutional FD rates are lower (2.75%-4.00%). Senior citizens get additional +0.50% at most banks. Rates verified from NRB published monthly rate sheets.
🏛️ Development Banks & Finance Companies — Shrawan 2083
| Institution | Type | 1-Year FD % | 2-Year+ % | Remittance % | Risk Level |
|---|---|---|---|---|---|
| Muktinath Bikas Bank | Dev. Bank | 5.00 | 5.50 | 6.50 | Low-Medium |
| Garima Bikas Bank | Dev. Bank | 5.00 | 5.50 | 6.50 | Low-Medium |
| Shine Resunga Development Bank | Dev. Bank | 4.75 | 5.25 | 6.25 | Low-Medium |
| Jyoti Bikas Bank | Dev. Bank | 4.75 | 5.25 | 6.25 | Low-Medium |
| Mahalaxmi Bikas Bank | Dev. Bank | 4.50 | 5.00 | 6.00 | Low-Medium |
| Lumbini Bikas Bank | Dev. Bank | 4.75 | 5.25 | 6.25 | Low-Medium |
| Karnali Development Bank | Dev. Bank | 5.25 | 6.00 | 7.00 | Medium |
| Finance Company | 1-Year FD % | 2-Year+ % | Remittance % | Risk Level |
|---|---|---|---|---|
| ICFC FinanceHighest | 7.00 | 7.25 | 8.25 | Medium-High |
| Goodwill Finance | 6.75 | 7.00 | 8.00 | Medium-High |
| Manjushree Finance | 6.50 | 6.75 | 7.75 | Medium |
| Pokhara Finance | 7.00 | 7.25 | 8.25 | Medium-High |
| Multipurpose Finance | 6.25 | 6.50 | 7.50 | Medium |
⚠️
Finance company risk note: Higher rates reflect higher risk. Finance companies have lower capital adequacy than commercial banks. Diversify — never put more than DCGC insured limit (रू ५ लाख) in any single finance company. Stick to NRB class-A commercial banks for large deposits.
⭐ Special FD Rate Categories
| Category | Extra Rate Benefit | Effective Max Rate | Eligibility |
|---|---|---|---|
| Remittance FDNRB Mandated | +1.00% above standard rate | 5.00–5.55% | Deposits received via official remittance channels |
| Senior Citizen FD | +0.50% above standard rate | 4.35–5.05% | Depositors aged 60+ years |
| Institutional FD | Lower — bulk but negotiated | 2.75–4.00% | Corporate, NGO, government bodies |
| Long-Term FD (3yr+) | +0.25-0.50% at some banks | 4.55–5.05% | Varies by bank — ask directly |
📉 Why FD Interest Rates are Falling in Nepal 2026
FD rates in Nepal have fallen from 10-12% peaks in 2022 to the current 3.85-4.55% range. Three primary forces drive this:
1. Liquidity Surplus in Banking System
Nepal’s banking system is flush with deposits. Total bank deposits grew by 18% in FY 2082/83 while loan growth lagged at 9%. Banks simply don’t need to aggressively compete for deposits the way they did in 2022 — so they offer less. Nepal Rastra Bank’s CRR (Cash Reserve Ratio) and SLR (Statutory Liquidity Ratio) requirements mean banks must park significant funds at NRB regardless.
2. Weak Loan Demand
Nepal’s private sector loan demand remains subdued in 2026. Real estate credit growth slowed after NRB tightened LTV ratios. Import financing dropped as trade deficit narrowed. With less need to lend, banks need less deposit funding — driving rates down.
3. NRB Monetary Policy Easing
Nepal Rastra Bank has been cutting the policy rate in 2082-83 to stimulate economic growth, signaling lower interest rate environment. Commercial banks align their FD and lending rates with NRB’s policy signals.
💡
What this means for you: If you have a large sum to deposit, lock it into a longer-term FD now at current rates — because rates may fall further in 2083/84. Shorter terms give flexibility but expose you to reinvestment risk at potentially lower future rates.
🧮 15% TDS Deduction — How Much Do You Actually Earn?
FD Amount
रू १०,०००
Example deposit
Rate × TDS
4.55% × 15%
Nabil Bank example
Net Rate After TDS
3.87%
Actual return received
🧮 [CALCULATOR: Fixed Deposit Net Interest Return & TDS Calculator]
Manual TDS Calculation Example:
FD Amount: रू ५,००,०००
FD Rate: 4.55% (Nabil Bank, 1-year)
Gross Interest: रू ५,००,००० × 4.55% = रू २२,७५०
TDS Deducted (15%): रू २२,७५० × 15% = रू ३,४१२.५०
Net Interest Received: रू १९,३३७.५०
Effective Net Rate: 3.87% per annum
For Senior Citizens (+0.50%): Gross = रू २५,२५०, Net = रू २१,४६२.५०
FD Amount: रू ५,००,०००
FD Rate: 4.55% (Nabil Bank, 1-year)
Gross Interest: रू ५,००,००० × 4.55% = रू २२,७५०
TDS Deducted (15%): रू २२,७५० × 15% = रू ३,४१२.५०
Net Interest Received: रू १९,३३७.५०
Effective Net Rate: 3.87% per annum
For Senior Citizens (+0.50%): Gross = रू २५,२५०, Net = रू २१,४६२.५०
🛡️ DCGC Deposit Insurance — Is Your FD Safe?
The Deposit and Credit Guarantee Corporation (DCGC) insures bank deposits in Nepal up to रू ५,००,000 (5 Lakhs) per depositor per financial institution. This means if a bank fails, the government guarantees you receive back up to रू ५ लाख from each bank you hold deposits with.
✅
Smart strategy for large deposits: If you have more than रू ५ लाख to deposit, spread across multiple NRB-licensed institutions — each with up to रू ५ लाख — to maximize DCGC coverage. All 20 commercial banks and licensed development banks are covered by DCGC. Avoid unlicensed cooperatives and chit funds which are NOT DCGC covered.
❓ Frequently Asked Questions
Which bank has highest FD rate in Nepal in 2026?+
Nabil Bank and Prabhu Bank both offer 4.55% p.a. for 1-year fixed deposits as of Shrawan 2083 (July 2026) — the highest among commercial banks. For remittance FD, both offer 5.55% p.a. Development banks like Muktinath Bikas Bank offer up to 6.50% for remittance FD. Finance companies like ICFC Finance offer up to 7.25% but carry higher risk.
Is FD interest taxable in Nepal?+
Yes. A 15% TDS (Tax Deducted at Source) is automatically deducted from FD interest income at the bank before paying you. This TDS is credited against your annual income tax liability. If you are in the 10% tax bracket, you can claim a refund for the excess 5% TDS deducted. If you are in the 25%+ bracket, additional tax is owed at year-end. Always file ITR to reconcile TDS credit.
Can I break FD before maturity in Nepal?+
Yes, most Nepal banks allow premature FD withdrawal with a penalty. Typical penalty: 1-2% reduction on the earned interest rate, and some banks charge a flat penalty fee. You receive principal in full but earn less interest than the original rate. Rules vary by bank — check the specific premature withdrawal penalty before opening FD. Some banks offer no-penalty partial withdrawal for larger FD accounts.
What is the minimum FD amount in Nepal?+
Minimum FD amounts vary: Nepal Bank Limited and Rastriya Banijya Bank accept FD from रू १०,०००. Most private commercial banks start from रू २५,000-५०,000. Development banks may start from रू १०,000. There is no upper limit. Minimum tenure is 3 months for most banks, with some offering 1-month and 6-week FD options.
Should I choose a development bank for higher FD rate in Nepal?+
Development banks offer 0.5-1.5% higher rates than commercial banks, but carry marginally higher risk. For deposits within DCGC coverage (under रू ५ लाख), a reputable development bank like Muktinath Bikas Bank or Garima Bikas Bank offers good risk-adjusted returns. For amounts above रू ५ लाख, stick to NRB class-A commercial banks or diversify. Always check the development bank’s NRB supervisory rating and NPL ratio before depositing.
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