Which bank gives the best fixed deposit rate in Nepal in 2083?

For the highest absolute rate, Janaki Finance Co. offers 6.65% (1-year FD, Ashad 2083). If you want a commercial bank (lower risk, deposit guaranteed under NRB's deposit protection scheme), NMB Bank leads at 4.80% for 1 year.

Have FD rates gone up or down in Ashad 2083 vs Jestha 2083?

Most banks held rates flat in Ashad 2083 compared to Jestha 2083. NRB's policy rate remains at 5.75% and banking system liquidity is stable, keeping FD rates in the 4–5% range for commercial banks. Finance companies have maintained 5.5–6.65% for 1-year terms.

What is the minimum amount for a fixed deposit in Nepal?

Commercial banks require a minimum of NPR 10,000 for most FD products. Finance companies typically require NPR 25,000 minimum. Standard Chartered Bank has a higher minimum of NPR 50,000. Some special products (remittance FD, senior citizen FD) may have different minimums — confirm with the bank before depositing.

Home › Blog › FD Rates Ashad 2083

Monthly Update · FD Rates Updated Ashad 2083 5 min read

Best FD Rates in Nepal — Ashad 2083

Q: What is the highest FD rate in Nepal in Ashad 2083?

In Ashad 2083 (June–July 2026), the highest FD rate among finance companies is 6.65% at Janaki Finance Co. for a 1-year term. Among commercial banks, NMB Bank offers 4.80% for 1 year. Finance companies (Class C) consistently offer 1–2% more than commercial banks because they carry slightly higher risk.

Q: What is TDS on FD interest in Nepal 2083?

TDS (Tax Deducted at Source) on fixed deposit interest in Nepal is 5% for resident individuals and 15% for non-residents. The bank deducts this automatically before crediting interest. Rates shown on Byajdar are gross pre-TDS rates. On NPR 1 lakh FD at 6.65% for 1 year: gross interest = NPR 6,650, TDS = NPR 332.50, net interest = NPR 6,317.50.

Q: Is a finance company FD safe in Nepal?

Finance companies (Class C) are licensed and regulated by Nepal Rastra Bank. They offer higher FD rates than commercial banks to attract deposits, which reflects a slightly higher risk profile. NRB's Deposit and Credit Guarantee Corporation (DCGC) protects deposits up to NPR 5 lakh per depositor per institution, covering both banks and finance companies.

Finance companies offer up to 6.65%, commercial banks up to 4.80% for a 1-year term. Here's every bank's rate for Ashad 2083 (June–July 2026), updated daily from published NRB data.

Quick Answer

The highest FD rate in Nepal in Ashad 2083 is 6.65% at Janaki Finance Co. (Class C, 1 year). Among commercial banks (Class A), NMB Bank leads at 4.80% for 1 year. Finance companies carry slightly more risk but are also regulated by NRB and covered by the DCGC deposit guarantee up to NPR 5 lakh.

Top FD Rates This Month — Ashad 2083

Rates below are as published for Ashad 2083 (mid-June to mid-July 2026). The live ranking is on Byajdar's FD comparison page and updates daily.

#	Bank / Institution	Type	1-Year Rate
1	Janaki Finance Co. Best	Class C	6.65%
2	Nepal Finance	Class C	5.50%
3	Salapa Bikas Bank	Class B	5.50%
4	Narayani Development Bank	Class B	5.40%
5	Multipurpose Finance	Class C	5.00%
6	NMB Bank Best Commercial	Class A	4.80%
7	Rastriya Banijya Bank	Class A	4.75%
8	NABIL Bank	Class A	4.55%
9	Himalayan Bank	Class A	4.50%
10	Global IME Bank	Class A	4.25%

Source: Published bank rate notices, NRB data. See the full live comparison →

What Changed in Ashad 2083?

Most Nepali banks maintained their FD rates from Jestha 2083 into Ashad 2083. Nepal Rastra Bank's policy rate has held at 5.75% and banking system liquidity remains high, keeping competitive pressure on FD rates at the 4–5% range for commercial banks.

Finance companies continue to offer 1.5–2% more than commercial banks to attract deposits. Janaki Finance Co. holds the top spot at 6.65% — a rate that has been stable for the past two months.

Class A vs Class B vs Class C: Which Is Right for You?

Class A — Commercial Banks (4–5% for 1 year)

Nepal has 20 commercial banks licensed by NRB. They carry the lowest risk, have the broadest branch networks, and deposits are covered by DCGC. Rates are lower because they have more liquidity options. Best for: large amounts, risk-averse savers, corporate deposits.

Class B — Development Banks (4.5–5.5% for 1 year)

Development banks operate under the same NRB framework but are typically smaller and regionally focused. They offer slightly higher rates to compete for deposits. Best for: mid-range deposits where you want a rate edge over commercial banks.

Class C — Finance Companies (5–7% for 1 year)

Finance companies are the highest-rate option. They are NRB-licensed and DCGC-covered up to NPR 5 lakh, but carry slightly more risk than Class A/B institutions. Best for: savers who want maximum return and keep deposits under NPR 5 lakh per institution.

TDS Calculation on FD Interest — Ashad 2083

TDS (Tax Deducted at Source) is deducted automatically by the bank at 5% for resident individuals. All rates shown are gross (pre-TDS). Here's what NPR 1 lakh earns at different rates:

Bank / Rate	Gross Interest (1 yr)	TDS (5%)	Net Interest
Janaki Finance — 6.65%	NPR 6,650	NPR 333	NPR 6,317
NMB Bank — 4.80%	NPR 4,800	NPR 240	NPR 4,560
NABIL Bank — 4.55%	NPR 4,550	NPR 228	NPR 4,323
Global IME — 4.25%	NPR 4,250	NPR 213	NPR 4,038

Use the Byajdar FD Calculator to model any amount and tenure with automatic TDS deduction.

NRB Policy and FD Rate Outlook

Nepal Rastra Bank's current policy rate is 5.75% with the bank rate at 7.00%. The interbank rate stands at approximately 2.75%, signalling excess liquidity in the system. This has kept FD rates suppressed compared to the 8–10% highs of FY 2080/81.

Unless NRB tightens monetary policy or credit demand picks up sharply, commercial bank FD rates are likely to stay in the 4–5% band through the rest of FY 2082/83.

See Today's Live FD Rates

Byajdar pulls data daily from every Nepali bank. The table above may differ from the live ranking — always check before you deposit.

Compare All Banks Live →

Frequently Asked Questions

What is the highest FD rate in Nepal in Ashad 2083?

The highest FD rate in Ashad 2083 is 6.65% at Janaki Finance Co. for a 1-year term. Among commercial banks only, NMB Bank leads at 4.80% per annum.

Which bank gives the best 1-year FD rate in Nepal right now?

For the best overall rate: Janaki Finance Co. (6.65%). For the best commercial bank rate: NMB Bank (4.80%). See the full live ranking at best 1-year FD rates.

What is TDS on FD interest in Nepal 2083?

5% TDS is deducted by the bank from all FD interest for resident individuals. It is withheld automatically — you receive net interest. Non-residents pay 15% TDS.

Is a finance company FD safe in Nepal?

Yes — NRB regulates all Class C finance companies and DCGC covers deposits up to NPR 5 lakh per depositor per institution. Keeping under NPR 5 lakh per finance company gives full deposit protection.

How long has Janaki Finance offered the highest FD rate?

Janaki Finance Co. has consistently offered one of the highest individual FD rates in Nepal for the past several months. Their 6.65% rate for 1 year has been stable through Jestha and Ashad 2083.

What is the NRB policy rate in Nepal in 2083?

Nepal Rastra Bank's policy rate is 5.75% as of Ashad 2083. The bank rate is 7.00% and the interbank rate is approximately 2.75%, reflecting excess liquidity in the banking system.