EN
EN
NP
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
  • 11.03% Interest Rate
  • 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

  2,337

6 years, 5 months

3X

  3,725

10 years, 3 months

4X

  4,717

12 years, 11 months

5X

  5,488

15 years, 1 month

6X

  6,120

16 years, 10 months

7X

  6,655

18 years, 3 months

8X

  7,119

19 years, 6 months

9X

  7,529

20 years, 8 months

10X

  7,895

21 years, 8 months

 

For Institution

Features:

  • Minimum Balance: Rs. 10,000
  • 9.03% Interest Rate
  • 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

  2,935

8 years, 1 month

3X

  4,739

13 years

4X

  6,045

16 years, 7 months

5X

  7,070

19 years, 5 months

6X

  7,912

21 years, 8 months

7X

 8,627

23 years, 8 months

8X

  9,249

25 years, 4 months

9X

  9,800

26 years, 10 months

10X

 10,293

28 years, 3 months

 

For the institution subject to 5% tax rate

Type

Tenure (in days)

Tenure ( in years)

2X

  2,853

7 years, 10 months

3X

  4,548

12 years, 6 months

4X

  5,758

15 years, 10 months

5X

  6,700

18 years, 5 months

6X

  7,471

20 years, 6 months

7X

  8,124

22 years, 3 months

8X

  8,689

23 years, 10 months

9X

  9,189

25 years, 2 months

10X

  9,636

26 years, 5 months

For Remittance

Features:

  • Minimum Balance: Rs. 10,000
  • 12.03% Interest Rate
  • 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

  2,143

5 years, 11 months

3x

  3,418

9 years, 5 months

4x

  4,326

11 years, 11 months

5x

  5,034

13 years, 10 months

6x

  5,614

15 years, 5 months

7x

  6,105

16 years, 9 months

8x

  6,530

17 years, 11 months

9x

  6,905

18 years, 11 months

10x

  7,242

19 years, 11 months

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.