Remittance Fixed Deposit in Nepal

Remittance Fixed Deposit

Remittance Fixed Deposit is for the individuals working abroad or family members of remittance earning individuals with source of income as remitted funds who wants to invest in Fixed Deposits for higher rate of return View More

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Best Rates for Mangsir

S.N.	Bank Name	Product	Interest Rate
1	Kamana Sewa Bikas Bank	Remittance Fixed Deposit	7.75%
2	Nepal Investment Mega Bank	Remittance Fixed Deposit	7.5%
3	Mahalaxmi Bikas Bank	Remittance Fixed Deposit	7.5%
4	Shine Resunga Development Bank	Remittance Fixed Deposit	7.5%
5	Shangri-la Development Bank	Remittance Fixed Deposit	7.5%

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Remittance Fixed Deposit

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Minimum Balance

Rs. 10,000

Interest Rate

5.5% - 7%

Tenure

3 Months - above 2 Years

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Global IME Remitters Term Deposit

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Minimum Balance

Rs. 10,000

Interest Rate

5% - 6.75%

Tenure

3 Months - above 2 Years

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Remittance Fixed Deposit

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Minimum Balance

Rs. 10,000

Interest Rate

5% - 7%

Tenure

3 Months - Above 5 Years

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Common Features and benefits of Remittance Fixed Deposit

Interest payment monthly or quarterly
Attractive Interest Rates
Flexibility in terms of tenure
Credit facility up to 90% of Fixed Deposit to meet short term financial needs
Interest Calculation on daily balance
Free Cheque Book Issuance
Free ABBS
Free Balance Certificate
Free Account Statement

Eligibility Criteria

Nepalese Individuals who are working on Foreign Country and their Own Family Members

Required Documents

Receipt of the remittance amount (International Remittance only) of fund received from foreign employment.
SWIFT document/ proof
Any other document which verifies that the amount has been received through remittance channels from foreign employment.