12 entries
Call Depositकल निक्षेपA deposit payable on demand or at very short notice that earns a small interest; in Nepal it is mostly used by institutions to park surplus funds and cannot be operated by cheque.Deposits & AccountsCompound InterestCIचक्रीय ब्याजInterest calculated on the principal plus interest already earned, so that interest itself earns interest at each compounding period.Deposits & AccountsCurrent Accountचल्ती खाताA deposit account from which money can be withdrawn at any time on demand, mainly used by businesses for frequent transactions; it usually pays no interest.Deposits & AccountsDepositनिक्षेपMoney placed by customers with a bank or financial institution, with or without interest, that the institution must repay on demand or at maturity.Deposits & AccountsDeposit Insuranceनिक्षेप सुरक्षणProtection under which a deposit guarantee fund pays depositors up to a set limit if their bank or financial institution fails; in Nepal it is provided by the Deposit and Credit Guarantee Fund.Deposits & AccountsDormant Accountनिष्क्रिय खाताA deposit account that the bank has classified as inactive because the customer has made no transactions for the period NRB prescribes.Deposits & AccountsFixed DepositFDमुद्दती निक्षेपA deposit kept with a bank for a fixed period at an agreed interest rate, repayable with interest at maturity.Deposits & AccountsRecurring DepositRDआवर्ती निक्षेपA deposit scheme in which the customer deposits a fixed amount every month (or other interval) for an agreed period and receives the total with interest at maturity.Deposits & AccountsRemittance Saving Accountविप्रेषण बचत खाताA saving account into which remittances sent home through the banking system by Nepalis working abroad are deposited, and on which NRB requires extra interest.Deposits & AccountsSaving Accountबचत खाताAn interest-bearing deposit account kept for saving, from which the holder can withdraw at any time; in Nepal it may be opened only by natural persons and not-for-profit organisations.Deposits & AccountsSimple InterestSIसाधारण ब्याजInterest calculated only on the original principal for the whole period, without adding earlier interest to the principal.Deposits & AccountsTypes of Bank Interestबैंकिङमा ब्याजका प्रकारThe different ways banks price and calculate interest on deposits and loans, such as simple and compound, fixed and floating, nominal and effective, and penal interest.Deposits & Accounts