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Siddhartha Shree Briddhi Muddati Khata

Invest Today for a Secure Tomorrow

Siddhartha Shree Briddhi Muddati Khata is a fixed deposit product that offers Nepalese and foreign nationals the opportunity to open account with various options. The options ranges from doubling (2X) up to decupling (10X) the initial principal amount. All individuals, institutions and remittance depositors can open this account where they can also avail loan facility of up to 90% of the initial principal amount.

For Individual

Features:

  • Minimum Balance: Rs. 10,000
  • Loan against Fixed Deposit will be provided up to 90% of the initial principal amount.
  • Free Uno Credit card for one year.
  • Credit card facility against Fixed Deposit will be provided up to 100% of the initial principle amount or NPR 500,000 whichever is lower.

Tenure:

Type

Tenure (in days)

Tenure ( in years)

2X

  2,363

6 years, 6 months

3X

  3,768

10 years, 4 months

4X

  4,770

13 years, 1 month

5X

  5,551

15 years, 3 months

6X

  6,189

17 years

7X

  6,731

18 years, 6 months

8X

  7,200

19 years, 9 months

9X

  7,614

20 years, 11 months

10X

  7,985

21 years, 11 months

 

For Institution

Features:

  • Minimum Balance: Rs. 10,000
  • Loan against Fixed Deposit will be provided up to 90% of the initial principal amount.

Tenure:

For the institution subject to 15% tax rate

Type

Tenure (in days)

Tenure ( in years)

2X

  2,964

8 years, 2 months

3X

  4,785

13 years, 2 months

4X

  6,103

16 years, 9 months

5X

  7,138

19 years, 7 months

6X

  7,987

21 years, 11 months

7X

 8,711

23 years, 11 months

8X

  9,339

25 years, 7 months

9X

  9,895

27 years, 2 months

10X

 10,393

28 years, 6 months

 

For the institution subject to 5% tax rate

Type

Tenure (in days)

Tenure ( in years)

2X

  2,883

7 years, 11 months

3X

  4,594

12 years, 7 months

4X

  5,817

16 years

5X

  6,768

18 years, 7 months

6X

  7,547

20 years, 8 months

7X

  8,207

22 years, 6 months

8X

  8,779

24 years, 1 month

9X

  9,284

25 years, 6 months

10X

  9,736

26 years, 8 months

For Remittance

Features:

  • Minimum Balance: Rs. 10,000
  • Loan against Fixed Deposit will be provided up to 90% of the initial principal amount.
  • Free Uno Credit card for one year.
  • Credit card facility against Fixed Deposit will be provided up to 100% of the initial principle amount or NPR 500,000 whichever is lower.

Tenure:

For Individual (Remittance Only)

 

Type

Tenure (in days)

Tenure ( in years)

2x

  2,169

6 years

3x

  3,458

9 years, 6 months

4x

  4,378

12 years

5x

  5,094

14 years

6x

  5,680

15 years, 7 months

7x

  6,177

16 years, 11 months

8x

  6,607

18 years, 1 month

9x

  6,988

19 years, 2 months

10x

  7,328

20 years, 1 month

Eligibility
  • Nepalese and foreign nationals (With valid identification document as directed by NRB /other relevant identification document issued by their respective ward office or Local government authority) 
  • Institutions and organizations that fulfill the eligibility criteria for fixed deposit account as defined by Nepal Rastra Bank.