Fixed
Putting money in Fixed Deposit at the moment
I am planning to invest 50k monthly. But since the market is moving side ways, does it make sense to put the money in FD and and once the rastra bank reduces rate then enter the share market with the money? View on r/NepalStock by Nepali_Thor
Read MoreHi, can any of my Nepali friend can explain me how taxes are imposed on fixed deposits?
Just curious about it, if anyone can help View on r/NepalStock by Affectionate-Draw696
Read MoreHow is total interest in fixed deposit calculated?
Apparently Prime bank calculates interest amount in days rather than months. If I have FD of 10lakhs for 10% for 6 months. The return I should get is (10%\*1000000)/2 – 5% tax = 47500 but I get slightly lower amount because its calculated in days. Sometimes its 500rs less, sometimes its 1000. Is this the […]
Read MoreHow is return on Fixed deposit calculated?
I just want to understand something. Say a bank says 12% interest on fixed deposit. They also have options for 3 months 6 months 1 yr 2/3/5 years etc. How will the interest be added on my principal amount? Like if i deposit my money in FD for 3 months @ 12% will it be […]
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