Fixed

Citizens Bank Introduces 9.99% Fixed-Rate Home Loan Scheme for 7 Years 1
Business | Market | Economy

Citizens Bank Introduces 9.99% Fixed-Rate Home Loan Scheme for 7 Years

Citizens Bank International Limited (CZBIL) is launching a home loan scheme featuring a fixed interest rate of 9.99% for the initial seven years, providing customers with an opportunity to realize their dream homes. Following this initial period, a premium rate, 1% higher than the bank’s average monthly base rate, will be applicable. The home loan […]

Read More
Putting money in Fixed Deposit at the moment 3
r/NepalStock

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 More
Hi, can any of my Nepali friend can explain me how taxes are imposed on fixed deposits? 5
r/NepalStock

Hi, 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 More
Hi guys, If my company based out of India invest in Nepal fixed deposits then we should be paying 5% TDS from interest earned. So we will not be paying any additional corporate tax in Nepal? 7
r/NepalStock

Hi guys, If my company based out of India invest in Nepal fixed deposits then we should be paying 5% TDS from interest earned. So we will not be paying any additional corporate tax in Nepal?

If anyone having knowledge in corporate law can help. That would be very helpful. View on r/NepalStock by Affectionate-Draw696

Read More
How is total interest in fixed deposit calculated? 9
r/NepalStock

How 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 More
How is return on Fixed deposit calculated? 11
r/NepalStock

How 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 […]

Read More
"Garima Bikas Bank Introduces 11.99% Fixed Interest Home and SME Loans" 13
Business | Market | Economy

“Garima Bikas Bank Introduces 11.99% Fixed Interest Home and SME Loans”

    Garima Bikas Bank has introduced two new loan programs: Garima Easy Home and SME loans, both with a competitive interest rate of 11.99%. Borrowers can benefit from a fixed interest rate of 11.99% over a seven-year term under these new schemes. The bank’s extensive network consists of 121 branches and 50 ATM outlets, […]

Read More
"Nabil Bank Launches Nabil Dhukka Ghar Karja with 10.99% Fixed Interest Rate and 70% Property Value Loan" 15
Business | Market | Economy

“Nabil Bank Launches Nabil Dhukka Ghar Karja with 10.99% Fixed Interest Rate and 70% Property Value Loan”

  Nabil Bank is introducing an attractive option for home loans, presenting two competitive fixed interest rate choices: 10.99% for a 7-year term and 11.99% for a 10-year term. Homeowners often worry about fluctuating rates impacting their monthly payments, as explained by Chadani Shrestha, Head of the Personal Lending Unit at Nabil Bank. To address […]

Read More
Development banks have decided to lower the interest rate on fixed deposits  17
Business | Market | Economy

Development banks have decided to lower the interest rate on fixed deposits 

During its conference, the Development Bankers Association, an association of Development Bank CEOs, also resolved to drop the interest rate. The committee members have agreed to reduce the deposit interest rate by 1%. According to development banks, the interest rate on personal term deposits will now be 10.6 percent rather than 11.6 percent. Similarly, the […]

Read More
Falgun NAV Report Is Published By Mega Mutual Fund 1; NAV Is Rs 8.25 19
Business | Market | Economy

Falgun NAV Report Is Published By Mega Mutual Fund 1; NAV Is Rs 8.25

The “Mega Mutual Fund 1 (MMF1)” NAV report for the month of Falgun has been released. “Mega Mutual Fund 1” is a closed-end fund with a 10-year maturity period. The fund size for the initial issue was Rs. 1.25 Arba. The fund has invested Rs. 83.86 crores in Falgun’s listed shares. Non-listed shares were worth […]

Read More