Periodic Deposit is an interest bearing account, where an amount is for fixed time period at pre-dermined interest rate. The principal amount is repayable at maturity of the time period and the interest is paid quarterly to your normal saving account.
This product is designed for members who have ideal fund that can be held for fixed period of time.
| Tenure | Minimum Balance(NPR) | Interest Rate |
|---|---|---|
| 3 Months | 0 | 12% |
| 6 Months | 0 | 12.5% |
| 12 Months | 0 | 13% |
| 24 Months | 0 | 13.5% |
| 36 Months | 0 | 13.5% |
* Rate Effective From 15th June 2022.
