- The current guarantee limit is up to Rs 500,000 per natural person per member institution.
- Savings and fixed deposits are combined within the same institution for the limit.
- Confirm current coverage and member institutions directly with DCGF.
What is deposit protection?
Deposit protection is a safety arrangement that can compensate eligible depositors up to a defined limit if a covered financial institution fails. Nepal’s Deposit & Credit Guarantee Fund (DCGF) currently states that eligible deposits of natural persons are guaranteed up to Rs 500,000 per depositor per member institution.
Which deposits are combined?
DCGF explains that savings and fixed deposits are combined for the coverage limit within the same member institution. Multiple accounts at one institution should not be interpreted as separate Rs 500,000 guarantees for each account.
Why does this matter?
When choosing a bank, look beyond the advertised interest rate. Confirm whether the institution is regulated, whether it participates in the guarantee scheme and what the current official conditions are.
Before making a decision
Check the latest DCGF member list and official deposit-guarantee information because rules and coverage can change over time.
When comparing bank rates, also consider deposit protection, regulatory status and how much of your total deposit falls within the current guarantee limit.
Use the calculators →