30 October 2009

Nepal - up to 9% p.a.

Nepal investment bank Ltd. offers up to 9% p.a. for a special deposit account in Nepalese Rupee. Nepal Investment Bank Limited is one of the leading commercial banks of Nepal. Previously known as Nepal Indosuez Bank Ltd., the bank was established in 1986 as a joint venture between Nepalese and Credit Agricole Indosuez.

In Nepal, Indian Rs 500 and Rs 1,000 notes are not accepted. So, Indians carry Rs 100-notes. Everywhere you can pay in Indian Currency. The exchange is as follows: IC 100= NC 160.

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