KATHMANDU: Kumari Bank Ltd (KBL) has announced various fixed deposit schemes that will yield twice, thrice, quadruple and even 10 times the returns.

The schemes are aimed at individuals and institutions looking for attractive returns in their longterm investment, as per a press release.

The time period set for twice the returns for individual deposits has been set at 5.9 year, while fixed deposit of 10.21 years will yield thrice the returns, 12.94 years will yield quadruple the returns, while fixed deposit of 21.63 years will yield 10 times the return.

The time set for institutional invests has been set at 7.25 years, 11.71 years, 14.92 years and 25.40 years.

A version of this article appears in the print on July 14, 2022, of The Himalayan Times.