Everything You Should Know About Fixed Deposits in Nepal | Complete FD Guide @kishoriraut

💡 Everything You Need to Know About Fixed Deposits (FDs) in Nepal

In this video, we dive into the key features of Fixed Deposits (FDs) in Nepal, including how they work, interest rates, tenure options, and more. If you’re looking for a safe way to grow your savings, this video will help you make informed decisions.

Key Points Covered:

1️⃣ How FDs Work: Deposit a fixed sum for a specific period to earn guaranteed interest.
2️⃣ Interest Rates: Typically range from 8% to 12%. Senior citizens often get higher rates.
3️⃣ Tenure Options: Choose between short-term (1 month to 1 year) or long-term (1 to 10 years).
4️⃣ Minimum Deposit: Usually starts at NPR 10,000, with higher limits for special schemes.
5️⃣ Premature Withdrawal: Possible but with penalties and reduced interest. Loan options are available.
6️⃣ Tax on Interest: 15% TDS applies on interest earnings, which must be reported in tax filings.
7️⃣ Documents Needed: Citizenship certificate, bank account, and PAN card for high-value deposits.
8️⃣ How to Choose the Best FD: Compare rates, tenure, and penalties, and explore auto-renewal options.
9️⃣ Risks and Limitations: Inflation can reduce returns, and liquidity is limited due to the fixed period.
🔟 FDs vs. Other Investments: Safer than stocks but with lower returns, ideal for risk-averse investors.

Don’t forget to like, share, and subscribe for more financial tips and updates on saving and investment opportunities in Nepal!

#FixedDeposit #NepalFinance #SavingsTips #InterestRatesNepal #FDVsStocks #FinanceNepal

Видео Everything You Should Know About Fixed Deposits in Nepal | Complete FD Guide @kishoriraut канала Kishori Raut