Fixed Deposit Account is an interest bearing account, where a fixed amount is held at a fixed interest rate and is repayable (principal/interest) at a fixed future date as agreed at the time of placement of the deposits.
Features & Benefits
Fixed Deposits can be opened only by account holders.
Normally the interest rate on Fixed Deposits is higher than the interest rate on Savings Account.
The minimum amount open Fixed Deposit is currently fixed at NPR 10,000/-.
Interest in Fixed Deposit is paid as per customer’s request (Monthly/Quarterly/At Maturity).
An investment alternative, which is safe and allows funds to be placed for a fixed period with interest rate guaranteed for that period.
|
SN. |
Products type |
Quarterly/At Maturity |
|
1 |
3 month |
|
|
2 |
6 month |
|
|
3 |
1 year |
|
|
4 |
2 years and above |
|
|
5 |
Green Kramik Bachat |
|
|
6 |
Green Structured FD (3 month/6 month/1year) |
*At maturity of Fixed Deposit, renewal is made as per the instruction of the customers.