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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
  • 12.133% 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

  2,126

5 years, 10 months

3X

  3,389

9 years, 4 months

4X

  4,291

11 years, 9 months

5X

  4,993

13 years, 9 months

6X

  5,568

15 years, 3 months

7X

  6,054

16 years, 7 months

8X

  6,476

17 years, 9 months

9X

  6,849

18 years, 10 months

10X

  7,182

19 years, 8 months

 

For Institution

Features:

  • Minimum Balance: Rs. 10,000
  • 10.133% 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

  2,619

7 years, 3 months

3X

  4,226

11 years, 7 months

4X

  5,390

14 years, 10 months

5X

  6,303

17 years, 4 months

6X

  7,125

19 years, 7 months

7X

 7,693

21 years, 1 month

8X

  8,248

22 years, 7 months

9X

  8,739

24 years

10X

 9,179

25 years, 2 months

 

For the institution subject to 5% tax rate

Type

Tenure (in days)

Tenure ( in years)

2X

  2,544

7 years

3X

  4,055

11 years, 2 months

4X

  5,134

14 years, 1 month

5X

  5,974

16 years, 5 months

6X

  6,661

18 years, 3 months

7X

  7,244

19 years, 11 months

8X

  7,749

21 years, 3 months

9X

  8,194

22 years, 6 months

10X

  8,593

23 years, 7 months

For Remittance

Features:

  • Minimum Balance: Rs. 10,000
  • 13.133% 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

  1,965

5 years, 5 months

3x

  3,132

8 years, 7 months

4x

  3,966

10 years, 11 months

5x

  4,614

12 years, 8 months

6x

  5,146

14 years, 2 months

7x

  5,595

15 years, 4 months

8x

  5,985

16 years, 5 months

9x

  6,330

17 years, 4 months

10x

  6,638

18 years, 3 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.