About this calculator
How Byajdar's calculators work
These calculators use the same formulas Nepali banks use, applied to the rates you choose. The default rates and preset buttons are refreshed daily from Byajdar's tracked bank data (last refreshed 17 October 2026). Results are estimates before fees and taxes unless stated.
Fixed deposit maturity calculator
Formula: maturity = principal × (1 + annual rate ÷ 4)4 × years. Nepali banks generally compound fixed deposit interest quarterly.
Worked example (17 October 2026): NPR 10,00,000 deposited for 1 year at 5.00% — the highest 1-year rate tracked by Byajdar, at Janaki Finance Co. — grows to about NPR 10,50,945, or NPR 11,04,486 if the same rate held for 2 years. Interest is subject to tax deducted at source (5% for individuals with a PAN, 15% without), so the amount you receive is lower. See the guide to tax on FD interest and today's fixed deposit rates.
Loan EMI calculator
Formula: EMI = P × r × (1 + r)n ÷ ((1 + r)n − 1), where P is the loan amount, r is the annual rate ÷ 12 ÷ 100, and n is the number of monthly instalments. This is the reducing-balance method used by almost all Nepali banks.
Worked example (17 October 2026): a NPR 50,00,000 home loan over 20 years at 5.77% — the median published starting home loan rate across the banks Byajdar tracks — has an EMI of about NPR 35,161 and total interest of about NPR 34,38,709. Starting rates are the bank's base rate plus its minimum premium; your offered rate may be higher. Processing fees, insurance and other charges are not included. Compare rates on the loan rates page.
Savings goal calculator
Formula: monthly saving = target × r ÷ ((1 + r)n − 1), with r the expected annual return ÷ 12 ÷ 100 and n the number of months. This matches a monthly recurring deposit compounded monthly.
Remittance calculator
Formula: amount received in NPR = amount sent × exchange rate, minus any fee the provider deducts. The NRB preset is Nepal Rastra Bank's official reference selling rate; provider presets are quotes collected by Byajdar. Real provider rates and fees change daily — see the live remittance comparison.
Limitations
- Results are estimates; banks may round, use different day counts, or apply fees.
- Rates can change at any time; always confirm with the bank or provider before you commit.
- The income tax calculator uses FY 2083/84 slabs and is for illustration only; the full income tax calculator adds SSF and retirement deductions.
- Byajdar is not a bank or a licensed adviser; see our methodology and disclaimer.
- Unfamiliar term? See the Nepal finance glossary.