🏆 Highest FD Rate — 1 Year
4.80%
NMB Bank · 1 Year FD
↑ Best Available Today
Min. deposit: NPR 10,000
5% withholding tax applies
Tenure:
Best 1-Year FD Rates — All Commercial Banks
Sorted highest → lowest| # | Bank | Rate | Min. Deposit | Action |
|---|
Nepal FD Rates in 2082 — What Changed?
Fixed deposit rates in Nepal have fallen significantly in 2082 compared to 2081. Banks that were offering 8–9% in late 2081 now offer 4–5%. The main reason is the high liquidity in the banking system — banks have more deposits than they can lend out, reducing their need to attract deposits with high rates.
💡 NRB cut the policy rate to 5.75% in Magh 2081. Interbank rates have fallen to around 2.75%. When banks can borrow cheaply from each other, they don't need to pay high FD rates to depositors.
Should I Still Open an FD in 2082?
Yes — even at 4.80%, FDs beat savings accounts (currently 2.75–4.00%) and are risk-free. For emergency funds, use a savings account. For money you won't need for 1 year, an FD at 4.80% is the safest option in Nepal.
How to Get the Best FD Rate
- Compare all banks using Byajdar — rates differ by up to 1% between banks right now
- Negotiate for large deposits — banks may offer 0.25% higher for NPR 25 lakh+
- 1-year tenure currently offers best rates — the yield curve is relatively flat in 2082
- Check for special schemes — some banks offer higher rates for senior citizens or NRNs
FD Interest Rates — All Tenures Comparison
| Bank | 3M | 6M | 1Y ★ | 2Y | Min. |
|---|---|---|---|---|---|
| NMB Bank | 4.00% | 4.50% | 4.80% | 4.80% | NPR 10,000 |
| Rastriya Banijya Bank | 4.00% | 4.50% | 4.75% | 4.75% | NPR 10,000 |
| Prabhu Bank | 3.75% | 4.25% | 4.55% | 4.55% | NPR 10,000 |
| NABIL Bank | 3.75% | 4.25% | 4.55% | 4.55% | NPR 10,000 |
| Himalayan Bank | 3.50% | 4.00% | 4.25% | 4.25% | NPR 10,000 |
Frequently Asked Questions
What is the best FD rate in Nepal today?+
The best 1-year FD rate in Nepal today is 4.80% at NMB Bank. Rastriya Banijya Bank offers 4.75%. Updated daily on Byajdar from official bank websites.
Why are Nepal FD rates so low in 2082?+
Nepal's banking system has excess liquidity. NRB cut the policy rate to 5.75% and interbank rates fell to 2.75%. Banks don't need to attract deposits with high rates because they already have more deposits than lending opportunities.
What is the minimum amount for an FD in Nepal?+
Most commercial banks require NPR 10,000 minimum. Standard Chartered Bank requires NPR 50,000 minimum. There is no maximum limit.
Is FD interest taxable in Nepal?+
Yes. A 5% withholding tax (TDS) is deducted from your FD interest at source. On 4.80% gross rate, you receive 4.56% net. The bank deducts this automatically.
Will FD rates go up in Nepal in 2082?+
It depends on NRB's monetary policy. If credit demand increases and liquidity tightens, FD rates could rise. NRB's next monetary policy review will be in Shrawan 2082. Most analysts expect rates to remain flat or rise slightly by year-end.