The 1-year fixed deposit is the most popular FD tenure in Nepal — long enough to earn a meaningfully higher rate than savings, short enough that your money isn't tied up for years. It is the benchmark most savers compare first.
One-year FD rates differ from bank to bank and move with overall liquidity and NRB policy. The table below ranks every bank publishing a 1-year rate, highest first, so you can lock in the best available return.
Best 1-Year Fixed Deposit Rates in Nepal — Bank Comparison
5 Banks| # | Bank | Interest Rate | Action |
|---|---|---|---|
| 1 |
LSB
Laxmi Sunrise BankHighest
|
4.50% | |
| 2 |
GIBL
Global IME Bank
|
3.25% | |
| 3 |
SIDE
Siddhartha Bank
|
3.00% | |
| 4 |
NBL
Nepal Bank Limited
|
2.76% | |
| 5 |
NMB
NMB Bank
|
2.75% |
Which bank gives the best 1-year FD rate in Nepal?
The bank at the top of the table above currently offers the highest published 1-year fixed deposit rate. Because this is the most actively revised tenure, the ranking is refreshed from live data.
How much interest will I earn on a 1-year FD?
Interest equals your deposit multiplied by the annual rate. For example, NPR 500,000 at a 9% rate earns roughly NPR 45,000 over one year before tax. Use Byajdar's FD calculator for an exact figure at any rate.
Is FD interest taxed in Nepal?
Fixed deposit interest is generally subject to tax deducted at source in Nepal. The applicable rate and any thresholds can change, so confirm the current treatment with your bank or a tax advisor.
What does the ✓ Verified badge mean?
It means the bank confirmed the rate directly through Byajdar's partner portal. Verified rates override scraped data for that bank and product.