deposit

Term Deposit

Term deposit can be opened with minimum of Rs.5, 000.00 for a minimum period of 3 months to the maximum period of 6 years. Term deposits are repayable on a term due date. This due date is called maturity date.

Features of Term Deposit

Monthly and quarterly scheme
Interest on the Term Deposit can be drawn every month or every quarter depending on the monthly and quarterly scheme.

Cumulative Scheme
Else interest can be drawn on the maturity date of the Term Deposit. The interest will be calculated cumulatively.

Special Saving Account
Interest not drawn monthly or quarterly, will be deposited in the special saving account. Added interest on monthly minimum balance will be given in this account and the amount can be drawn as and when needed.

Loan against Term Deposit
90% of loan can be drawn on the deposited amount. Only 2% added interest will be charged.

Jyestha Nagarik Term Deposit Scheme
This scheme is for the citizens of 58 years and above. It features ONE month interest bonus as "Dashain Kharcha" in LAFIN's regular interest rates.

Ekal Mahila Term Deopsit Scheme
This scheme is for the single women. It features ONE month interest bonus as "Dashain Kharcha" in LAFIN's regular interest rates.

Fixed deposit

Term Deposit Interest Rate
Period Monthly (%)
 Quarterly (%) Maturity (%)
3 months - - 6.5
6 months - - 7.00
1 year 6.5 7.00 7.50
2 years 7.00 7.50 8.00
3 years 7.50 8.00 8.50
4 years 8.00 8.50 9.00
5 years 8.50 9.00 10.00