KATHMANDU: Civil Bank has launched a short-term fixed deposit scheme named ‘Civil 73 Days Muddati Patra’ for its valuable customers. On the auspicious occasion of Nepali New Year 2073 BS, Civil Bank had introduced 73-day fixed deposit which offers competitive annual interest rate of 6.20 per cent, as per a statement issued on Tuesday. The minimum amount required for opening this fixed deposit is Rs 500,000. The bank’s Chief Executive Officer Kishore Maharjan stated that this new scheme has been launched with premium interest rate as a gift of Nepali New Year to the bank’s customers and is believed to attract many customers in the present market scenario when other banks are offering comparatively much lower rates.