fcy term deposit

Welcome to our FCY Term Deposit service, designed to offer lucrative returns on foreign currency deposits. We have partnered with a leading commercial bank in Nepal, Kumari Bank, to provide FCY term deposits to the Nepali diaspora and expat community. It ensures a hefty return, as you will get lucrative interest on your deposits.

Key Features


INTEREST RATE

Earn a competitive interest rate of 5% on your fixed deposit

MINIMUM DEPOSIT REQUIREMENT

Start your investment journey with a minimum deposit of 1000 USD

MINIMUM TERM

Enjoy consistent returns by locking in your funds for at least one year

PRINCIPLE AND INTEREST REPATRIATION

We guarantee 100% principal plus interest repatriation directly to the account from which the funds were initially received

INTEREST PAYMENT

Enjoy the flexibility of receiving interest payments every quarter. All interest payments are subject to a 6% tax rate

Documentation and Eligibility

NRN (NON-RESIDENT NEPALI) CARD

An NRN card is required to access this service



NRNA (NON-RESIDENT NEPALI ASSOCIATION) CARD

An NRNA card can also be submitted as an alternate as a valid document for processing your FCY term deposit



WHY CHOOSE FCY-FIXED DEPOSIT

COMPETITIVE RETURNS

Benefit from a lucrative interest rate of 5%, ensuring that your money works harder for you

SECURE AND TRANSPARENT

With guaranteed repatriation of both principal and interest, our FCY Fixed Deposit offers a secure and transparent investment avenue

FLEXIBLE INTEREST PAYMENT

Enjoy the convenience of receiving your interest payments quarterly, helping you manage your finances effectively