Fixed Deposit
Now you can get an even better return on your savings. Lock-in a competitive interest rate with our Term Deposits and watch your savings grow.
Regular Term Deposit
- No set-up, monthly service or management fees
- Minimum Deposit Amount NPR 100,000 – NPR 50,000 for Rural Municipal branches
- Choose your fixed term from 3 months to 5 years
- Interest payable at maturity or quarterly, depending on term
- Loan against your Term Deposit available up to 90%
- Our Term Deposits are covered under the deposit guarantee system from DCGC (capped at NPR 300,000 per natural individual depositors)
Recurring Deposit
- Monthly Investment Amount can be started from minimum NPR 500.00
- Term Available: Each scheme can be for 1 year, 2 years, 3 years, 4 years or 5 years
- Interest Payment Options
- At Maturity
- Quarterly deposited to the linked savings account
- Account holders can choose their own debit date
- System will automatically debit the chosen amount on your chosen date
- RD account holders will be able to open DMAT account with Laxmi Capital for free
- Interest calculation will be on daily basis on the outstanding balance
- Loan up to 90% available against your Recurring Deposit balance
- No fees or charges will be applicable on missed installments or premature withdrawal
Recurring Deposit Calculator
Recurring Deposit Calculator
NRN Term Deposit
| NRN Term Deposit (FCY) | per annum |
|---|---|
| US Dollar (USD) | 7.50% |
| Pound Sterling (GBP) | 3.00% |
| Euro (EUR)v | 1.00% |
| Australian Dollar (AUD) | 3.00% |
Term Available : 1-3 years
Minimum Amount USD 1,000 (or equivalent) and higher
Frequently Asked Questions
A Non-Resident Nepali with a valid NRN ID (issued by the Ministry of Foreign Affairs or Nepali Embassy) is eligible to open this Term Deposit.
As per Nepal Rastra Bank forex circular 02/2076-77 dated 2076/05/12, the funds can be repatriated back to your account in your country in the same currency upon maturity without the need for separate approval.
We do not allow pre-mature withdrawals for up to 1 year.
After 1 year, you can make a pre-mature withdrawal. Conditions apply
Laxmi Sunrise Bank is a 19-year-old Bank licensed by Nepal Rastra Bank under Bank & Financial Institution Act. The bank’s shares are listed and actively traded on the Nepal Stock Exchange(NEPSE). Our updated financials are available on www.laxmisunrise.com and we have been rated [ICRANP-IR] BBB+ by ICRA Nepal.
No, at this stage you can only open foreign currency Term Deposit account in your personal name with Laxmi Bank.
You may be eligible for a loan in Rupees. Conditions apply.
Simple. Log in to our online NRN Term Deposit account opening application at online application form and complete the simple application form.