Fixed Deposit Calculator Nepal — FD maturity & interest
मुद्दती निक्षेप (FD) क्यालकुलेटर
Fixed deposit maturity calculator for Nepali banks — principal, annual rate, tenure and compounding (monthly/quarterly/annual) with interest earned and final maturity amount.
Estimate per the quoted rate and compounding. Early breakup applies a lower rate; deposit insurance and TDS rules per prevailing notice apply.
About FD Calculator
Nepali banks (and finance companies) issue मुद्दती निक्षेप (fixed deposits) for 3 months to 5+ years, quoting an annual rate and a compounding frequency — commonly quarterly, with monthly compounding on some products. Maturity is compound arithmetic: M = P × (1 + r/n)^(n×t), where n is compounds per year.
This tool computes the maturity amount, interest earned and the effective annual yield so you can compare a '12.5% annual, quarterly compounding' FD with a '12.2% monthly compounding' one honestly. Actual deposit insurance and tax withholding (5% TDS on interest for individuals) affect your net proceeds — noted below the result.
How to use — step by step
- Enter the deposit amount you would lock in.
- Enter the bank's quoted annual interest rate (e.g. 10.5%).
- Choose the tenure (months) and the compounding frequency from the FD agreement.
- Read the maturity amount, interest earned and effective annual yield.
- Compare two banker quotes by changing the rate/compounding — the higher effective yield wins.
Worked example — Rs 500,000 at 10.5% for 12 months, quarterly compounding
| Deposit (P) | Rs 500,000 | locked for 12 months |
| Quarterly compounding | n = 4 | (1 + 0.105/4)^(4×1) |
| Interest earned | ≈ Rs 53,783 | vs Rs 52,500 simple |
| Maturity amount | ≈ Rs 5,53,783 | before TDS on interest |
Frequently asked questions
QHow much interest will I get on an FD in Nepal?
Maturity − principal, compounded at the bank's quoted rate and frequency. Rs 500,000 at 10.5% quarterly-compounded for a year earns about Rs 53,783 before 5% TDS on interest.
QIs there tax on FD interest?
Yes — banks withhold 5% TDS on depositor interest for individuals (15% without PAN/.arrival details in some cases). The interest figure here is pre-TDS.
QWhich is better: higher rate or more frequent compounding?
Compare the effective annual yield, not just the headline rate: 10.5% quarterly beats 10.45% annually. This tool shows that yield directly.
QCan I break an FD early?
Yes, but banks apply a lower rate (often the run-up rate or less) for the completed period. If you might need money early ask about the breakup rule, or keep the amount shorter-tenured.