A 2-year fixed deposit locks in a rate for a longer horizon, which can be valuable when rates look set to fall — you keep today's rate for two years rather than rolling over a shorter deposit at whatever rate prevails later. The trade-off is reduced access to the funds.
Two-year FD rates vary between banks and reflect each bank's funding needs. The table below ranks every bank publishing a 2-year rate, highest first.
Best 2-Year Fixed Deposit Rates in Nepal — Bank Comparison
7 Banks| # | Bank | Interest Rate | Action |
|---|---|---|---|
| 1 |
LSB
Laxmi Sunrise BankHighest
|
5.00% | |
| 2 |
NBL
Nepal Bank Limited
|
4.30% | |
| 3 |
GIBL
Global IME Bank
|
4.25% | |
| 4 |
SIDE
Siddhartha Bank
|
4.05% | |
| 5 |
NICA
NIC Asia Bank
|
2.75% | |
| 6 |
EBL
Everest Bank
|
2.75% | |
| 7 |
NMB
NMB Bank
|
2.75% |
Which bank has the best 2-year FD rate in Nepal?
The top row of the table above shows the bank currently publishing the highest 2-year fixed deposit rate. The ranking updates from live data.
Should I choose a 2-year FD over a 1-year FD?
A longer tenure lets you lock in a rate for longer, which helps if rates are likely to fall, but it ties up your money for two years. If you expect to need the funds sooner, a shorter tenure is safer.
Can I take a loan against my fixed deposit?
Many Nepali banks offer a loan or overdraft against an FD, letting you access funds without breaking the deposit. Terms and limits vary by bank.
What does the ✓ Verified badge mean?
It means the rate was confirmed directly by the bank through Byajdar's partner portal. Verified rates override scraped data for that bank and product.