Citizens Recurring Deposit

Citizens Recurring Deposit can be opened with primary applicant as a Nepalese Citizen. Minors are also eligible to open this account. Alien can also open account with valid documentation subject to full compliance of NRB circulars and/or prevailing act/rule.


Interest Rate –
3.75% p.a. for deposit of 3 years
4.00% p.a. for deposit of 5 years
4.25% p.a. for deposit of 7 years
Minimum Balance- NRs 0.00/-
Interest is calculated on daily balances.
Loan facility of 90% of the deposit amount can be enjoyed by the account holder.
A charge of NPR 150.00 p.a. for Citizens SMS and NPR 100.00 p.a. for Citizens Internet Banking.