Byajdar exists to give Nepali savers, borrowers and people sending money home a single, honest view of the market. This page explains how the numbers on the site are collected, how often they change, how comparisons are ordered, how Byajdar makes money, and how to report a mistake.
Where the data comes from
✓Bank deposit and loan rates come from the interest rate sheets that banks and financial institutions publish. Byajdar collects them daily through a third-party rate aggregation feed that compiles those published sheets, and reads a small number of institutions directly from their own websites or rate-sheet documents. Each rate table links to the institution's own rate page.
✓Foreign exchange rates are Nepal Rastra Bank's official daily reference rates, read from NRB's published exchange-rate data.
✓Gold and silver prices are the daily prices published by the Federation of Nepal Gold and Silver Dealers' Association (FENEGOSIDA).
✓Remittance quotes are collected from public price-comparison data for a fixed send amount; your final rate and fee can differ at checkout.
How often the numbers change
Rates are collected every morning at about 7:00 Nepal time and gold prices again around midday. A separate automated check runs every day around midday Nepal time and compares what the site shows against Byajdar's database and, for exchange rates, against Nepal Rastra Bank's published figures; it alerts us when anything disagrees or goes stale. Every rate table shows the date the data refers to.
Byajdar keeps every day's rates rather than overwriting them, which is what makes rate history and trend analysis possible.
The daily data is published as free CSV downloads on the Nepal interest rate data page.
How comparisons are ordered
✓Deposit tables are sorted by interest rate, highest first; loan tables by published starting rate, lowest first; remittance tables by the amount your recipient receives after fees.
✓No institution can pay to change its position. Commercial relationships never affect the order.
✓Loan rates shown are published starting rates (the bank's base rate plus its minimum premium). The rate you are offered depends on your profile.
How Byajdar makes money
Some links to remittance providers are affiliate links: if you sign up through one, Byajdar may earn a referral fee at no cost to you. Pages with these links say so. The Find My Bank tool may pass your contact details to a partner bank only if you tick the consent box on that form. Neither affects how any comparison is ordered.
New to the terms used on rate sheets? See the Nepal finance glossary.
Editorial standards
✓Every rate or figure on Byajdar is tied to a source and a date. Statements of fact name the institution, the value, the date and where it came from.
✓We distinguish published data from Byajdar's own calculations and analysis, and label worked examples and estimates as such.
✓We do not publish invented rates, fees, statistics, reviews or ratings. Where we cannot verify something, we say so.
✓Byajdar is not a bank, broker or licensed financial adviser, and is not licensed by Nepal Rastra Bank. Content is general information, not personal advice; confirm terms with the institution before you act.
Corrections
If you spot a rate or statement that looks wrong, message us on Facebook (facebook.com/byajdarnepal) with the page and what you believe is correct. We re-check it against the source within one business day. When a correction changes a page, the page's updated date changes with it.
