Deposit Interest Rates
Secure returns with T Bank’s competitive deposit interest rates.
Interest Rate for Retail Fixed Deposit
SI. No | Term | Maturity ( P.a ) | Monthly ( P.a ) | Quarterly ( P.a ) | Half Yearly ( P.a ) | Annually ( P.a ) |
|---|---|---|---|---|---|---|
1 | 91 days to less than 120days | 5.00% | ||||
2 | 121 days to less than 180 days | 5.00% | ||||
3 | 181 days to less than 270 days | 5.00% | ||||
4 | 271 days to less than 1 year | 5.00% | ||||
5 | 1 year to less than 2 years | 6.50% | 6.18% | 6.27% | 6.30% | 6.38% |
6 | 2 years to less than 3 years | 7.25% | 6.54% | 6.71% | 6.76% | 6.84% |
7 | 3 years to less than 4 years | 7.30% | 6.70% | 6.95% | 7.02% | 7.10% |
8 | 4 years to less than 5 years | 7.75% | 7.01% | 7.34% | 7.43% | 7.51% |
9 | 5 years to less than 6 years | 8.00% | 7.12% | 7.53% | 7.64% | 7.72% |
10 | 6 years to less than 7 years | 8.25% | 7.23% | 7.72% | 7.85% | 7.94% |
11 | 7 years and above | 8.50% | 7.34% | 7.91% | 8.06% | 8.15% |
Note: Bhutanese Living Abroad (BLA) and senior citizens aged 60 and above (at the time of account opening) are entitled to a 0.50% higher interest rate than the standard fixed deposit rate.
Terms and Conditions
The account can be operated by two or more persons in their joint names with operative clause as to & “either or survivor” or “Anyone or Survivor” or “Jointly”
The account holders can choose the minimum investment amount of Nu. 5,000/- and can invest for a period ranging from 91 days to 7 years and above.
Interest rates vary based on the tenure selected.
Premature withdrawal allowed; however, interest will be 1% lower than the applicable rate for the actual deposit period.
A minimum lock-in period of 90 days is required for interest eligibility in the case of premature withdrawals. If the deposit is withdrawn before completing 90 days, no interest will be paid to the depositor.
The account holder can access up to 90% of their FD amount through an overdraft, offering financial flexibility without breaking the fixed deposit.
Available to all customer segments.
Interest payout options: Monthly / Quarterly / Half-Yearly / Annually / At Maturity.
Account opening available via T Bank branches or the TPay app.
By a minor below the age of 18 years to be operated by his Guardian/Parent.
A depositor may have more than one Fixed Deposit Account in his name or in the joint names with another.
No funds can be transferred through this account.
No hidden fees or maintenance charges attached.
Interest Rate for Corporate Fixed Deposit
Effective from 1 st January 2025
Sl. No. | Tenor | Normal FD (Existing) | Normal FD (Revised w.e.f. 1st January 2025) | FD Plus (Monthly) | FD Plus (Quarterly) | FD Plus (Half Yearly) | FD Plus (Yearly) |
|---|---|---|---|---|---|---|---|
1 | Upto 90 days | 2.00% | 1.50% | ||||
2 | 91 days to less than 120 days (4 months) | 2.50% | 1.55% | ||||
3 | 121 days to less than 180 days (6 months) | 2.75% | 2.75% | ||||
4 | 181 days to less than 270 days (9 months) | 3.50% | 3.00% | ||||
5 | 271 days to less than 1 year | 3.75% | 3.75% | ||||
6 | 1 year to less than 2 years | 4.00% | 4.00% | ||||
7 | 2 years to less than 3 years | 5.00% | 5.00% | ||||
8 | 3 years to less than 4 years | 6.00% | 6.00% | 5.40% | 5.65% | 5.73% | 5.80% |
9 | 4 years to less than 5 years | 7.00% | 7.00% | 6.26% | 6.59% | 6.68% | 6.76% |
10 | 5 years and above | 7.50% | 7.50% | 6.60% | 7.01% | 7.13% | 7.21% |
Terms and Conditions
1. Interest rate on pre-mature withdrawal of the Corporate Fixed Deposit shall be as per the revised penalty clause.
Lock-in period is 90 days.
2. Corporate Fixed Deposits opened for less than 90 days
a. No lock-in period is applicable
b. However, the rate of interest applicable during premature closure will be 50% less than the actual rate of interest offered and agreed upon during the opening of Corporate Fixed Deposits.
For FD Plus accounts:
i) In case of premature withdrawals, the penalty amount shall be recovered from the principal amount.
ii) No partial redemptions shall be allowed.
iii) Lock-in period for this category of accounts is 3 years, that is, if one close his/her FD Plus account before 3 years, all the interest paid shall be recovered from the principal amount.
For any Corporate Fixed Deposit exceeding Nu. 20 million in aggregate, the interest rate shall be determined through negotiation and the rates published in the website shall not apply.
Any other existing terms and conditions shall remain the same.
Interest Rates for Recurring Deposit
Sl. No | Deposit Period | Rates(%) ( P.a ) |
|---|---|---|
1 | 91 days to less than 180 days | 5.00% |
2 | 180 days to less than 270 days | 5.50% |
3 | 270 days to less than 1 year | 5.75% |
4 | 1 year to less than 2 years | 6.75% |
5 | 2 years to less than 3 years | 7.25% |
6 | 3 years to less than 4 years | 8.00% |
7 | 4 years to less than 5 years | 8.00% |
8 | 5 years to less than 7 years | 8.25% |
9 | 7 years to less than 10 years | 8.50% |
10 | 10 years and above | 9.00% |
Interest Rate for Saving Deposit
Sl. No. | Saving Account Type | Rates(%) P.a |
|---|---|---|
1 | Saving Deposit | 4.50% |
Interest Rates for Foreign Currency Deposits
Sl. No. | FCY | Rates(%) P.a |
|---|---|---|
1 | JPY | 1.50% |
2 | GBP | 1.50% |
3 | EURO | 1.50% |
4 | AUD | 2.75% |
5 | USD | 1.75% |
