Which Bank Gives the Highest FD Interest Rate in Nepal?
A direct answer, updated regularly — who is paying the most on fixed deposits right now, and how to weigh rate against safety.
- Right now, the highest 1-year FD rate is about 5.50% (Nepal Finance), with several finance companies and development banks at 5.00%.
- Finance companies and development banks almost always lead on headline rate; large commercial banks pay less but offer more scale.
- All NRB-licensed institutions are DCGC-guaranteed up to NPR 5 lakh per institution.
- The leaderboard changes — the always-current answer is on the live FD tracker.
The short answer
As of early Shrawan 2083, the bank giving the highest 1-year fixed deposit rate in Nepal is Nepal Finance at about 5.50%, followed by several development banks and finance companies at 5.00%. Because rates are revised frequently, the single most reliable answer is always the top row of the Byajdar FD rate tracker, which re-checks every institution daily.
| # | Institution | 1-Year FD Rate |
|---|---|---|
| 1 | Nepal Finance Top rate | 5.50% |
| 2 | Salapa Bikas Bank | 5.00% |
| 3 | Corporate Bikas Bank | 5.00% |
| 4 | Multipurpose Finance | 4.75% |
| 5 | Sindhu Bikas Bank | 4.60% |
| 6 | Laxmi Sunrise Bank | 4.00% |
| 7 | Garima Bikas Bank | 4.00% |
| 8 | Reliance Finance | 4.00% |
Why finance companies usually win on rate
In Nepal, the institution with the highest FD rate is rarely a big commercial bank. Finance companies (Class C) and smaller development banks (Class B) need deposits more urgently, so they post higher headline rates — often 1–2 percentage points above the largest commercial banks. Commercial banks (Class A) trade a lower rate for greater size and perceived stability.
Rate vs safety — how to decide
Every NRB-licensed institution — commercial bank, development bank, or finance company — is covered by the Deposit and Credit Guarantee Corporation (DCGC) up to NPR 5 lakh per depositor per institution. For amounts under that limit, chasing the highest rate is entirely reasonable. For larger deposits, the smart move is to split across two or three institutions so every rupee stays inside the guarantee while still earning a top rate.
How to always find today's highest
- Open the FD rate tracker — it ranks every bank and finance company, highest first, updated daily.
- Switch the tenure tabs (3-month to 3-year) to find the best rate for your horizon.
- Or answer a few quick questions and let Find My Bank match you to the best-paying institution for your situation.
Frequently asked questions
Which bank gives the highest interest rate in Nepal?
The highest fixed deposit rate is usually offered by a finance company or development bank rather than a large commercial bank. As of early Shrawan 2083 it is around 5.50% (Nepal Finance). Check the Byajdar live FD tracker for today's exact leader.
Which bank is best for fixed deposit in Nepal?
The best bank depends on the rate and how much you trust the institution. Finance companies and small development banks pay the most; large commercial banks offer more scale. Compare live rates, then weigh the rate against the institution's size and the DCGC guarantee (NPR 5 lakh per institution).
Is a higher FD rate riskier in Nepal?
Higher-rate finance companies and development banks are smaller than commercial banks, but all NRB-licensed institutions carry the same DCGC guarantee up to NPR 5 lakh per depositor per institution. For amounts under that limit, the extra rate carries little additional risk.
Which bank is giving 8% on FD in Nepal?
No mainstream NRB-licensed bank is offering 8% on fixed deposits in the current cycle — rates have compressed to roughly 4–5.5% for 1-year FDs. Any offer well above the market should be verified directly with the institution before you deposit.
See live, verified rates: rates change often — check today's numbers on the Byajdar FD rate tracker → or get matched to your best bank with Find My Bank →.