Interesting Off-beat Calculators for Bankers & Public
HomeLoan Prepayment EMI Calculator (by V.R. Shenoi) (uploaded on 18/07/2016):
This is a guide to help all the home loan owners for bringing their liability from level A to any level B by EMI Route. A great tool for everyone looking to prepay their EMI. Download the Calculator here Download the Explanation here
A2B EMI Schedule (by V.R. Shenoi) (uploaded on 10/07/2016):
Overdue position for EMI loans (by V.R. Shenoi) (uploaded on 10/07/2016):
For self assessment of multiple EMI loans for individuals, and as an offline follow–up tool for Auditors, recovery officers. Download the Calculator here
RD Interest TDS Projection (by V.R. Shenoi) (uploaded on 10/07/2016):
FD vs RD vs EMI calculators (by V.R. Shenoi) (uploaded on 22/3/2012):
What is the relationship between these three calculators ? Are they totally different concepts or they are closely related to each other ? Mr. V.R. Shenoi has beautifully depicted the relationship between these concepts. A must for every banker who wishes to clear his basic concepts about these important products of every bank. (uploaded on 22/3/2012) Download the version with installments for 60 months Download the version with installments for 360 months
EMI - New Look Schedule (by V.R. Shenoi) (uploaded on 02/03/2012):
This is a calculator which gives a new look to the EMI calculations. Normally, bankers show that initially the payments are mainly adjusted towards the interest and only small portion is adjusted towards interest. This calculator shows the reverse mode,i.e., first amount is adjusted towards principal from EMI and only small portion is adjusted towards interest. However, bankers should see this calculator from different angles as it can help them in developing new products and understand the implications of interest calculations on the life of the product. A must look by serious and young bankers. Download the Calculator here
FD and RD Maturity-cum Growth Calculator (by V.R. Shenoi) (uploaded on 07/03/2012):
This is a calculator which gives the growth of your FD and RD accounts on monthly basis. You can calculate the approximate value of the interest accrued on monthly basis which can be used for financial planning for tax to be paid at the end of the financial year. Download the Calculator here