Loan Against Fixed Deposit in Nepal 2026 — Rates & Which Banks Offer It
All 20 banks ranked by fixed deposit rate for 2026 (Asar 2083), with after-tax worked examples and a tenure ladder.
The best fixed deposit rate in Nepal for Asar 2083 (June 2026) is NIMB at 5.25% p.a., followed by ADBL at 5.15%. Across 20 banks the average top rate is 4.41% and the spread is 1.34 points. This guide ranks every bank and shows what your money actually earns after tax.
Best fixed deposit rates — full ranking of all 20 banks
Highest first, for Asar 2083.
| Rank | Bank | Best fixed deposit rate | Qualifying tenure |
|---|---|---|---|
| 1 | NIMB | 5.25% | 24+ months |
| 2 | ADBL | 5.15% | 48+ months |
| 3 | Prime | 5.00% | 24+ months |
| 4 | Sanima | 4.75% | 24+ months |
| 5 | RBB | 4.75% | 60+ months |
| 6 | NMB | 4.75% | 60+ months |
| 7 | Prabhu | 4.55% | 120+ months |
| 8 | Nabil | 4.55% | 120+ months |
| 9 | MBL | 4.50% | 36+ months |
| 10 | Global IME | 4.50% | 36+ months |
| 11 | Nepal Bank | 4.25% | 60+ months |
| 12 | Nepal SBI | 4.10% | 36+ months |
| 13 | Everest | 4.05% | 60+ months |
| 14 | Siddhartha | 4.05% | 25+ months |
| 15 | Citizens | 4.05% | 24+ months |
| 16 | NIC Asia | 4.00% | 60+ months |
| 17 | Himalayan | 4.00% | 60–120 months |
| 18 | Laxmi Sunrise | 4.00% | 60+ months |
| 19 | SCB | 3.95% | 60+ months |
| 20 | Kumari | 3.91% | 24+ months |
Market snapshot
The 20 banks offer top fixed deposit rates from 3.91% to 5.25%, averaging 4.41% (median 4.38%). 10 banks beat the average. On a large deposit the 1.34-point gap between best and worst is real money, which is why it pays to compare before you lock in.
What you actually earn — worked example
At NIMB's 5.25% (compounded quarterly over 24 months), here is the gross and post-tax return on three common deposit sizes. Fixed-deposit interest in Nepal is taxed at 5% TDS for individuals, withheld by the bank.
| Deposit | Gross interest (5.25%) | 5% TDS | Net interest | Maturity value |
|---|---|---|---|---|
| Rs 1.00 lakh | Rs 10,995 | Rs 550 | Rs 10,445 | Rs 110,445 |
| Rs 5.00 lakh | Rs 54,976 | Rs 2,749 | Rs 52,227 | Rs 552,227 |
| Rs 10.00 lakh | Rs 109,952 | Rs 5,498 | Rs 104,455 | Rs 1,104,455 |
Rates by tenure
Longer tenures usually pay more. A sample across the market:
| Tenure | Indicative rate | Example bank |
|---|---|---|
| 3–6 months | 3.50% | NIMB |
| 3–11 months | 3.00% | Siddhartha |
| 3–12 months | 2.85% | ADBL |
| 3–3 months | 2.80% | Himalayan |
| 3–24 months | 2.75% | Everest |
| 6–12 months | 4.25% | NIMB |
| 6–6 months | 2.80% | Himalayan |
| 6–60 months | 2.75% | SCB |
| 9–9 months | 2.90% | Himalayan |
| 12–24 months | 4.75% | NIMB |
How fixed deposits work in Nepal
A fixed deposit (मुद्दती निक्षेप) locks your money for a set tenure at a guaranteed rate. Interest is typically compounded quarterly and paid at maturity. Withdrawing early forfeits part of the interest, and interest is taxed at 5% TDS. Senior citizens usually get a margin (often 0.25–1%) over the published rate — confirm the current figure with the branch.
Every bank, grouped by rate
- Most competitive: NIMB (5.25%), ADBL (5.15%), Prime (5.00%), Sanima (4.75%), RBB (4.75%)
- Upper tier: NMB (4.75%), Prabhu (4.55%), Nabil (4.55%), MBL (4.50%), Global IME (4.50%)
- Lower tier: Nepal Bank (4.25%), Nepal SBI (4.10%), Everest (4.05%), Siddhartha (4.05%), Citizens (4.05%)
- Least competitive: NIC Asia (4.00%), Himalayan (4.00%), Laxmi Sunrise (4.00%), SCB (3.95%), Kumari (3.91%)
How we sourced these figures
Every rate on this page is taken from each institution's published rate sheet for the Asar 2083 (June 2026) period and cross-checked against Nepal Rastra Bank (NRB) disclosures. We re-verify the numbers each Nepali month, and the comparison table and the figures quoted in the text are generated from the same dataset — so they always agree. You can explore the live, filterable data on the BFIS Compare comparison page.
Related comparisons
Rates are revised every Nepali month and can change. Figures are for Asar 2083; always confirm the current number on the BFIS Compare comparison page before you apply.
Frequently asked questions
Which bank has the highest fixed deposit rate in Nepal 2026?+
NIMB at 5.25% p.a., as of Asar 2083. The average top rate is 4.41%.
Is fixed deposit interest taxed in Nepal?+
Yes — 5% TDS for individuals, withheld by the bank before it credits your interest, so your net return is slightly below the headline rate.
Do senior citizens get a higher FD rate?+
Usually yes — many banks add roughly 0.25–1% over the published rate for senior citizens. Confirm the current margin at the branch.
How is FD interest calculated?+
Most banks compound quarterly and pay at maturity. On Rs 5 lakh at 5% for one year, gross interest is about Rs 25,470 before 5% TDS.
Can I withdraw a fixed deposit early?+
Yes, but you forfeit part of the interest — banks pay a reduced rate on premature withdrawal, so only lock in money you can leave untouched.
How many banks publish fixed deposit rates?+
20 in this comparison, refreshed every Nepali month.
Which tenure pays the most?+
Longer tenures generally pay more; the top headline rates usually require 1–2 years or longer.
Are these rates fixed for the whole term?+
Once you open a fixed deposit, your rate is locked for that term. New deposits use the latest published rates, which change monthly.
Written by
Sandeep Kumar ChaudharyFounder of BFIS Compare, writing about Nepal's banks, deposit rates and loans. sandeepkumarchaudhary.com