Nepali Fixed Deposit Calculator
Calculate your fixed deposit interest
Calculate your fixed deposit returns with the latest interest rates from major Nepali banks. Compare different banks, durations, and see your after-tax returns.
Fixed Deposits in Nepal
Fixed deposits (FDs) are one of the most popular investment options in Nepal. They offer guaranteed returns at a fixed interest rate for a specified period. The interest earned on FDs is subject to a 15% tax deduction at source (TDS).
Key Features of Fixed Deposits in Nepal
- Fixed interest rates throughout the deposit period
- Higher interest rates compared to regular savings accounts
- Option for quarterly or annual interest compounding
- Premature withdrawal usually allowed with penalty
- Interest subject to 15% tax deduction at source
How to Use This Calculator
- Enter your principal amount (the amount you want to deposit)
- Select your preferred bank from the dropdown
- Choose the deposit duration (1, 3, or 5 years)
- Select whether you want quarterly compounding (recommended for higher returns)
- View your results including maturity amount after tax
- Generate a certificate for your records or bank visit
Nepali Fixed Deposit Calculator
Interest Rate: 7.25%
Tax Rate: 15%
Results
Yearly Breakdown
| Year | Balance | Interest Earned | Tax Paid | Net Amount |
|---|---|---|---|---|
| 1 | NPR 1,07,449.5 | NPR 7,449.5 | NPR 1,117.43 | NPR 1,06,332.08 |
Latest FD Rates from Nepali Banks
Interest rates shown are current as of May 2025 and are subject to change. Please verify with the respective bank before making investment decisions.
| Bank | 1 Year | 3 Years | 5 Years |
|---|---|---|---|
| NIC Asia | 7.25% | 8.50% | 9.00% |
| Nabil Bank | 7.00% | 8.25% | 8.75% |
| Prabhu Bank | 7.15% | 8.35% | 8.90% |
| Global IME Bank | 7.10% | 8.30% | 8.85% |
Frequently Asked Questions
What is the interest rate on fixed deposits in Nepal?
Interest rates on fixed deposits in Nepal vary across banks. Currently, rates range from 7% to 7.3% for 1 year, 8.2% to 8.5% for 3 years, and 8.75% to 9.05% for 5 years.
Is there tax on fixed deposit interest in Nepal?
Yes, in Nepal, interest earned from fixed deposits is subject to a 15% tax deduction at source (TDS).
Is quarterly interest compounding better?
Yes, quarterly interest compounding gives higher returns compared to annual compounding because interest is calculated more frequently and you earn interest on interest.
Can I withdraw money before the fixed deposit term ends?
Yes, but most Nepali banks impose penalties for premature withdrawals. Typically, you will receive a few percentage points less than the agreed interest rate.
Can I take a loan against my fixed deposit?
Yes, many Nepali banks offer loans against fixed deposits. Typically, you can borrow up to 80-90% of your FD value, and the interest rate is 2-3% higher than the FD rate.