So it looks like some major banks in India like ICICI bank offer about 7.50% Interest rates on Fixed deposits. But Nepali banks offer in 3-4% range. Why is that ? I thought it would be similar to Indian Banks.

It would be nice if we had bigger banks like ICICI bank in Nepal where everything can be done online. I would put my money into those Fixed accounts if it was available. Unfortunately Nepal is way behind in technology and other many other resources lack in Nepal.