7th August 2025, Kathmandu
If you’re looking to open a savings or fixed deposit account in Nepal, Nepal SBI Bank Ltd. (NSBL) offers a wide range of deposit schemes tailored to individuals, professionals, organizations, and even minors.
NSBL Deposit Account Schemes
This guide breaks down each scheme’s features, eligibility, benefits, and updated interest rates as of July 17, 2025 (1st Shrawan 2082).
Key Highlights
- Interest is calculated on the daily balance in all savings schemes.
- Most accounts come with free cheque book, internet banking, mobile banking, and ATM card facilities.
- NSBL offers special accounts for students, women, salaried employees, senior citizens, NRNs, and diplomatic personnel.
- Both NPR and foreign currency accounts are available.
NSBL Savings Account Schemes
1. Saral Bachat Khata
This is a basic savings account with a zero minimum balance. It includes free cheque book, ATM, internet, and mobile banking services.
2. Nepal SBI Premium Savings
This account is targeted at High Net-Worth Individuals (HNIs) and requires a minimum balance of NPR 25,000. It offers premium benefits like locker and remittance concessions, insurance, and free DEMAT services.
3. Corporate Salary Package
This scheme is designed for employees of MNCs, corporates, and other institutions. It provides preferential fixed deposit rates, insurance coverage, and a range of free banking services.
4. Swarnim Bachat Khata
With a minimum balance of NPR 5,000, this account provides locker and RTGS concessions, along with free mobile and internet banking.
5. Nari Bachat Khata (For Women)
This account is for females aged 18 years and above with a minimum balance of NPR 500. It offers a discount on locker rentals and free ATM, cheque book, and mobile banking services.
6. Varistha Nagarik Bachat Khata (For Senior Citizens)
Senior citizens can open this account with a minimum balance of NPR 1,000. Key benefits include an interest payout option and a 50% concession on various services.
7. NSBL Baal Bachat Khata (For Minors)
Designed for minors, this account has a minimum balance of NPR 501 and can be operated by a parent or guardian. It provides SMS alerts and has a maximum balance of NPR 5 lakhs.
8. Rakshak Bachat Khata (For Security Forces)
This zero-minimum-balance account is exclusively for personnel of the Nepal Army, Police, and Armed Police Force (APF).
9. Savings-Gorkha & Gorkha Serving
These schemes are for Government of India Pensioners and Nepalese citizens serving in the Indian Army. They come with benefits like discounts on lockers and remittances, as well as insurance.
10. Savings-Diplomats/Embassy
This is a zero-minimum-balance account for diplomats salaried through the Government of India or other countries, and it features no remittance charges.
11. Saving-NRN (For Non-Resident Nepalese)
NRNs can open this account in either NPR or USD, with a minimum balance of NPR 10,000 or its equivalent in USD. It includes free ATM and internet banking.
12. SB-National Reconstruction Authority
This zero-minimum-balance account is for individuals affected by the 2015 earthquake, offering free banking services.
13. Chhori Bachat Khata
Aimed at daughters in Karnali Province, this scheme provides support for education and care until the age of 20.
14. Karmachari Bachat Khata
This account is for salaried employees (both government and non-government). It provides concessions on lockers and remittances, insurance, and mobile banking facilities.
15. Sambriddha Nagarik Bachat Khata
This is a unique account for individuals who do not have a prior account with a commercial bank. The bank deposits the initial minimum balance of Rs. 100.
16. Savings-Institution
This account is designed for non-profits and organizations with a TDS waiver, and it can be opened in both NPR and USD.
Recurring & Fixed Deposit Schemes
1. Ujjawal Bhavishya Bachat Yojana (Recurring Deposit)
- Deposit: A minimum of Rs. 200/month (in multiples of Rs. 100)
- Tenure: 12 to 84 months
- Interest: Capitalized quarterly
2. Dhanvriddhi Bachat Yojana (Fixed Deposit)
- Deposit: A minimum of Rs. 5,000
- Tenure: 6 to 180 months
- Loan: Customers can get a loan of up to 90% of their deposit balance.
3. 101 & 201 Days Fixed Deposit
This scheme requires a minimum deposit of NPR 1,00,000 and is open to both individuals and institutions. Premature withdrawals are allowed as per bank policy.
Student & Youth Accounts
Students Account
This account is for students and has a minimum balance of NPR 501, which is nil for students of MGS and GJS. It is operated by parents or guardians and includes features like SMS alerts and a free cheque book.
Foreign Currency Accounts
Foreign Deposit Account
This is a special account for Nepalis with foreign income or foreign citizens. It supports currencies like USD, GBP, EURO, and AUD, and offers a 50% concession on the Vishwa Yatra Card.
Remittance Saving Account
This account is for Nepalese citizens or their family members who receive foreign remittance. It stands out by offering an interest rate that is 1% above the highest card rate, has no minimum balance, and provides free ATM, mobile, and internet banking.
Current Accounts
Current accounts at NSBL are for business transactions and do not earn interest. They are available for individuals, firms, societies, companies, and other institutions.
Documents Required for Account Opening
- Personal Accounts: Citizenship/passport, address proof, and photos.
- Business/Institutional Accounts: Registration certificates, MoA, Board Resolution, and ID documents of officials.
- Foreign Nationals/Organizations: Agreements with the Government of Nepal, authorization letters, IDs, and embassy recommendations.
Interest Rates on NSBL Deposit Schemes (As of 17 July 2025)
Savings Account Interest Rates
Scheme Interest Rate (p.a)
- Gorkha, NRN, Nari, Varistha Nagarik 2.88%
- Corporate Salary Package 2.82%
- Saral Bachat Khata 2.78%
- Swarnim Bachat Khata 2.79%
- Chhori Bachat Khata 2.88%
- NSBL Baal Bachat Khata 2.86%
Fixed Deposit Rates
- 3–6 months – 3.15% –
- 6 months–1 year – 3.85% 2.85%
- 1–2 years – 4.00% 3.00%
- 2–3 years – 4.75% 3.75%
- 3+ years – 5.35% 4.35%
Foreign Currency (FCY) Deposit Rates
Currency Interest Rate (Up to)
- USD 4.35%
- EUR 1.00%
- GBP 1.00%
Why Choose Nepal SBI Bank for Deposits?
NSBL provides a wide selection of deposit products that are designed to meet diverse financial needs. The bank’s extensive network, competitive interest rates, and strong emphasis on digital banking make it a reliable choice for customers. With tailored accounts for various demographics, from students to senior citizens and NRNs, NSBL ensures that everyone has access to a suitable banking solution.
Final Words
Nepal SBI Bank’s diverse range of deposit products caters to every financial need. Whether you are a senior citizen seeking stable income, a salaried employee seeking digital convenience, or a student just starting your savings journey, NSBL has the right scheme for you.
For More: NSBL Deposit Account Schemes