Saturday April 27, 2024
वि.सं
२०८१ बैशाख १५ शनिवार
FIXED DEPOSIT (Effective Date : 2080/12/01)
| Product | Interest Rate(Per Annum) | Payment Frequency | Minimum Balance |
|---|---|---|---|
| 1. Individual Fixed Deposit Product | |||
| 3 Months | 6.05% | Quarterly | Rs. 5,000 |
| 6 Months | 6.10% | Quarterly | Rs. 5,000 |
| 9 Months to below 1 Year | 6.50% | Quarterly | Rs. 5,000 |
| 1 Year to 2 Years | 7.50% | Quarterly | Rs. 5,000 |
| Above 2 Years to 10 Years | 8.05% | Quarterly | Rs. 5,000 |
| Muktinath Remittance Fixed Deposit(Up to 2 Yrs Only) | +1% as per the tenure | Quarterly | Rs. 5,000 |
| Recurring Deposit(Upto 5 Years only) | 8.05% | Quarterly Basis | Min. Rs. 500 to Max. Rs.20,000 |
| 2. Institutional Fixed Deposit Product | |||
| 6 Months | 5.50% | Quarterly | Rs. 5,000 |
| 9 Months to below 1 Year | 6.00% | Quarterly | Rs. 5,000 |
| 1 Year to 2 Years | 6.90% | Quarterly | Rs. 5,000 |
| Above 2 Years to 10 Years | 7.05% | Quarterly | Rs. 5,000 |
| 3. Akshaya Kosh | Negotiable | Monthly/Quarterly | Rs. 5,000 |
Note:
1. Additional 0.50% interest rate can be provided for institutional FD(on bidding basis only).
2. Monthly interest on fixed deposit shall be paid as per the banks' decision.
3. The interest rate on account opened for USD pre-paid card shall be zero percentage.
