NRN (NON-RESIDENT NEPALI) CARD
An NRN card is required to access this service
fcy term deposit
Welcome to our FCY Term Deposit service, designed to offer lucrative returns on foreign currency deposits. We have partnered with a leading commercial bank in Nepal, Kumari Bank, to provide FCY term deposits to the Nepali diaspora and expat community. It ensures a hefty return, as you will get lucrative interest on your deposits.
INTEREST RATE
Earn a competitive interest rate of 5.11% on your fixed deposit
MINIMUM DEPOSIT REQUIREMENT
Start your investment journey with a minimum deposit of 1000 USD
MINIMUM TERM
Enjoy consistent returns by locking in your funds for at least one year
PRINCIPLE AND INTEREST REPATRIATION
We guarantee 100% principal plus interest repatriation directly to the account from which the funds were initially received
INTEREST PAYMENT
Enjoy the flexibility of receiving interest payments every quarter. All interest payments are subject to a 6% tax rate
NRNA (NON-RESIDENT NEPALI ASSOCIATION) CARD
An NRNA card can also be submitted as an alternate as a valid document for processing your FCY term deposit
WHY CHOOSE FCY-FIXED DEPOSIT
COMPETITIVE RETURNS
Benefit from a lucrative interest rate of 5.11%, ensuring that your money works harder for you
SECURE AND TRANSPARENT
With guaranteed repatriation of both principal and interest, our FCY Fixed Deposit offers a secure and transparent investment avenue
FLEXIBLE INTEREST PAYMENT
Enjoy the convenience of receiving your interest payments quarterly, helping you manage your finances effectively