Making use of Scripbox’s Post-office Monthly Money Design Calculator?
Making use of Scripbox's Post-office Monthly Money Design Calculator? Calculating the interest earned out-of a postoffice month-to-month money program is very easy. Making use of the algorithm, one could without difficulty calculate the interest money. not, the web based Post office Month-to-month Money Design calculator together with uses new exact same formula to choose the results. Why don't we understand this top with a good example. Mr. Kumar invested INR 4 lakhs about post-office MIS strategy for the . The current rate of interest for POMIS at the time his financial support is actually 6.60%. With the a lot more than formula, the rate is Together with monthly appeal you to definitely Mr. Kumar create score try INR 2,2 hundred. The full attention he will secure over 60 days months…