Live Clock
 

Fixed Deposit

With a fixed deposit, anyone can deposit a lump sum amount of money (one-time large deposit) in Central Finance for a predetermined amount of time at a predetermined rate of interest. The depositor then receives the amount invested plus compound interest at the end of the term. FDs sometimes go by the name term deposits.

A set rate of interest is guaranteed to investors who open a fixed deposit account. In exchange, the investor agrees not to withdraw or access their money for a predetermined amount of time, which may be anything until three months or up to 2 years or less.

Central Finance has 3 types of fixed deposits:

A fixed deposit can be opened by anyone. An individual fixed deposit is one that is to be opened by any individual or a single person. Depending on the maturity that is most convenient for the depositors, it offers fixed deposits with attractive interest rates of various maturities.

Rates

3 months

7.25%

6 months

7.50%

9 months

7.75%

1 year

8.00%

2 years

8.25%

3 years

8.50%

Any businesses or organizations may open a fixed deposit. An institutional fixed deposit is one that has to be opened by any firm, institution, or company. Depending on the maturity that is most convenient for the institutional depositors, it offers fixed deposits with attractive interest rates of various maturities.

Rates

6 months

6.50%

9 months

6.75%

1 year 

7.00%

2 years

7.25%

3 years

7.50%

This fixed deposit account is intended only for those Nepalese citizens who are working abroad. It offers greater interest rate than any normal fixed deposit accounts.

Rates

Remittance Fixed Deposit -> Plus 1.00% on Stated Rate