What is the tax on Fixed Deposit interest in Nepal?

The government of Nepal levies a 5% Tax Deducted at Source (TDS) on interest income earned from bank deposits.

सयकडा ब्याज र मुद्दती5% TDS Calculation

Nepali Byaj & Bank Fixed Deposit Calculator

Calculate local monthly interest (सयकडा २/३) and commercial bank Fixed Deposit (FD) returns.

साउँ रकम (Principal Amount in NPR)

मासिक ब्याज दर (Rate per 100 / सयकडा)

सयकडा 2 = 2% प्रति महिना = 24% वार्षिक

अवधि (Months / महिना)

चक्रवृद्धि ब्याज (Compound Interest)

कुल फिर्ता रकम (साउँ + ब्याज)

रु 1,12,000

साउँ रु 1,00,000 मा 6 महिनाको हिसाब

मासिक ब्याज (Monthly Byaj)रु 2,000 / महिना

कुल जम्मा ब्याज (6 महिना)रु 12,000

ब्याजको प्रकारसाधारण (Simple)

Quick Summary

Nepal Rastra Bank (NRB) Directives

What does 'सयकडा २' (Sayakada 2) interest mean in Nepal?

In informal lending in Nepal, 'सयकडा २' means a monthly interest of 2% on the principal (NPR 2 per month for every NPR 100). Annually, this equals 24% per year.

Official Nepal StandardVerified Calculation FormulaCurrent Fiscal Year 2083/84

Nepali Interest & FD FAQs

In informal lending in Nepal, 'सयकडा २' means a monthly interest of 2% on the principal (NPR 2 per month for every NPR 100). Annually, this equals 24% per year.