Nepal Bank Interest Comparison tools compare deposit rates across Nepal's 20+ commercial banks, development banks, and finance companies. Rates differ by 2-4% across institutions, meaning a 5-year FD of NPR 10 lakh can earn anywhere from NPR 4 lakh to NPR 6 lakh in interest depending on choice.
This guide covers Nepal's banking categories, current rate ranges, NRB regulations, and how to choose safely.
Compare Nepal Bank Interest Rates — Free
See all bank rates side by side. Find best FD or savings rate.
Nepal Banking Categories
| Category | Class | Examples |
|---|---|---|
| Commercial Banks | A | Nabil, NIC Asia, Standard Chartered, NMB, Global IME |
| Development Banks | B | Muktinath, Sanima, Mahalaxmi |
| Finance Companies | C | Pokhara Finance, Reliance Finance |
| Microfinance | D | Various rural-focused |
Typical Rate Ranges (2026)
| Type | Class A (Banks) | Class B/C |
|---|---|---|
| Savings | 3-5% | 5-7% |
| Recurring Deposit | 6-9% | 7-10% |
| FD 6 months | 6.5-8% | 8-10% |
| FD 1 year | 7-9% | 9-11% |
| FD 3 years | 7.5-9.5% | 9.5-11.5% |
| FD 5 years | 8-10% | 10-12% |
Class B/C institutions offer higher rates because they are smaller, less diversified, and slightly riskier than Class A commercial banks.
NRB Rules and Insurance
- NRB sets cap on interest rates monthly (currently ~10% for FDs)
- Deposit insurance — up to NPR 5 lakh per depositor per institution (DCGF)
- Senior citizen extra — 0.5-1% additional on FDs for 60+ age
- Tax — 5% TDS on interest above NPR 25,000 annually
How to Choose
- Stick to Class A for amounts above NPR 5 lakh
- Spread money across multiple banks if invested above 5L
- For shorter tenures (under 1 year), stay with commercial banks
- For longer tenures (5+ years), consider Class B for higher returns
- Check NRB-approved status before depositing in finance companies
- Compare effective annual yield, not just nominal rate
How to Use the Tool (Step by Step)
- 1
Pick Deposit Type
Savings, FD, recurring deposit.
- 2
Set Tenure
For FDs.
- 3
Enter Amount
Investment value.
- 4
Compare Banks
Tool ranks all banks by interest rate.
- 5
See Maturity Values
Calculate exact returns from each.
Frequently Asked Questions
Are Class B banks safe?+−
Generally yes for amounts under NPR 5 lakh (insurance coverage). Beyond that, NRB-licensed and audited but smaller balance sheets than Class A.
Why are finance company rates higher?+−
Smaller institutions need to attract deposits via higher rates. Risk-adjusted returns are similar.
Is interest taxed in Nepal?+−
Yes. 5% TDS on interest exceeding NPR 25,000 annually. Final tax based on income slab.
Can I break FD before maturity?+−
Usually yes with penalty (1-2% rate reduction). Some banks don't allow break in first 3 months.
Does NRB cap apply uniformly?+−
Yes — all licensed institutions follow NRB monthly rate cap.
Is online FD opening available?+−
Most major commercial banks offer it. Smaller institutions still require branch visit.
Compare Nepal Bank Interest Rates — Free
See all bank rates side by side. Find best FD or savings rate.
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