“Civil Bank Normal Fixed Deposit” is a deposit account that is purposively opened locking the withdrawal of fund for specific period to earn the interest higher than the saving accounts. The secondary purpose to open fixed deposit account is to self restrict the fund utilization for the secutiry of the future uncertainities or to use for specific certain needs.
Basic Eligibility Criteria:
- Customer holding balance of NPR 10,000/-
- Depositors can get loan facility from bank.
- Enables the depositor to earn a High Interest rate.
- Encourages Savings habit for a longer period of time.
Rates & Fees:
Rate of Interest: As per the Bank's Schedule of Interest Rates.
Interest Rate Calculation: Daily basis
Interest Rate Posting: Quarterly basis
All required documents as per the Bank’s KYC Policy and Directives of Nepal Rastra Bank