[ CSR | Career | FAQ | Feedback ]

Janata Retirement Fund

Janata Retirement Fund (JRF) has incorporated in BS 2060 under Income Tax Act, 2058 & Income Tax Rule, 2059 obtaining approval from the Inland Revenue Department (IRD) as a separate entity of Janata Bank Nepal Limited.
The main objective of the Fund is to make employee benefited from their income tax liability to maintain their secure retired life throughout saving of their active employment period.

The Fund is running successfully since BS 2060 and delivering quality service to its customers who have been contributing their best service in any industry of the national economy.

Product & Services:-
 The Janata Retirement Fund (JRF) has been managing following schemes to facilitate our valued customers.
  • Provident Fund
  • Retirement Fund
  • Gratuity/Pension Fund
  • Employees Welfare Fund
  • Public Provident Fund
  • Leave Encashment Fund &
  • Other Staff Related Funds
  • 8.5% p.a. Interest on deposit is provided on daily balance & capitalized at quarterly basis and such interest income is also tax free.
  •  The Fund is providing credit facilities to its individual depositor/contributor up to 90 % of their deposit amount (provident fund and retirement fund) as Janata RF Revolving Loan.
  •  The Depositor/Contributor will be eligible to apply for JRF Revolving Loan only after one year of depositing/contributing on such amount or after completion on one fiscal year of depositing/contributing on such amount along with the recommendation from the concerned organization (Employer).
  •  The interest rate on Janata RF Revolving Loan will be additional 1.5% pa interest rate on deposit (i.e. 8.5%+1.5%=10%).
  •  Hassle free and prompt service.
  •  The Depositor/Contributor can get all services (Deposit/Loan/Account Close) from any branch of the Janata Bank Nepal Limited.
  •  For the final withdraw of the deposit amount, the Depositor/Contributor may request to Janata Retirement Fund along with the certification of the retirement document from the concerned organization (Employer).
  •  Depositors can be benefited of NPR 10,000.00 as Bereavement Expenses and NPR 10,000.00 as Maternity Expenses.

 Required Documents:
  1. Janata RF Account Opening
  • BOD Minute from concerned Organization
  • Covering Letter
  • Duly filled JRF Opening Form and JRF card (by individual)
  • Citizenship Copy
  • Employee ID Card Copy
(BOD minute and covering letter is not necessary for RF account)
  1. Janata RF Account Closing
  • Release Letter of the employee
  • Acknowledgement Letter from Organization
  • Duly filled JRF Closing Form and original JRF card
  1. Janata RF Revolving Loan
  • Duly filled JRF Loan Form
  • JRF card copy
Janata RF Related Forms Download
* Earlier Siddhartha Retirement Fund has been changed as Janata Retirement Fund. (As per the approval from the Inland Revenue Department dated 2075/03/01)  

Currency Buying Selling
US Dollar 111.35 111.95
Euro 124.1 125.4
Pound Sterling 140.33 142.13
Australian Dollar 76.35 77.35
View all » [As per May 24, 2019]
Loading ....
Base Rate
(Based on PoushEnd 2075 Figures) - 11.04%

Banking Hours

During summer (16th Magh to 15th Kartik)
Sunday to Thursday : 9:45 am to  5:00 pm
Friday : 9:45 am to 2:30 pm
During winter (16th Kartik to 15th Magh)
Sunday to Thursday : 9:45 am to  4:00 pm
Friday : 9:45 am to 2:30 pm

Holiday counter:

    1. New Baneshwor Branch (10:00 AM to 1:00 PM) (Saturdays only)
    2. New Road Branch (10:00 AM to 1:00 PM) (Public holidays except Saturdays)
    3. Butwal Milan Chowk Branch (10:00 AM to 1:00 PM ) (Public holidays and Saturdays)
    4. Sahid Chowk Branch, Narayangarh (10:00 AM to 1:00 PM ) (Saturdays only)