May 31 2023, By Banking91, under TOOLS
Sukanya Samriddhi Yojana (SSY) is a scheme launched by government to enable savings on name of girl child. SSY was launched as an initiative to secure the future of girl child as part of "Beti Bachao, Beti Padhao" abhiyan. Use this calculator to calculate total investment value and return on investment. You can calculate maturity value and maturity period.June 16 2022, By Banking91, under TOOLS
Equated Monthly Installment (EMI) is a periodic repayment of any loan taken from financial institution. You can calculate EMI for any loan using this EMI calculator. You can calculate EMI for personal loan, vehicle loan, business loan or home loan. You can use this EMI calculator to know about your monthly payment liability and also generate EMI payment statement.June 16 2022, By Banking91, under TOOLS
PPF or Public Provident Fund scheme is designed to provide pension scheme benefits to investors. You can invest in PPF to save tax under section 80C of Income Tax Act, 1961. PPF and EPF calculator helps you to calculate money you will receive at time of your retirement. You can use this calculator to calculate total interest income and maturity amount. Use this calculator to forecast future benefits you will get by investing in PPF or EPF.June 16 2022, By Banking91, under TOOLS
Maximum Permissible Bank Finance or MPBF is calculation of financing possible by a bank. Tandon committee recommended methods of calculating MPBF. MPBF is calculated by evaluating working capital of a business. MPBF depends on working capital. Value of current assets determines the maximum working capital banks can finance.June 16 2022, By Banking91, under TOOLS
Debt Service Coverage Ratio (DSCR) is calculated to determine ability of business operations to repay loan instalments and interest. DSCR is used by banks to evaluate operating effectiveness of business to cover risk on financing. DSCR is calculated by dividing PBITD by interest and loan repayment.Generate Accurate and globally accepted project report for financing