A FEW MINUTES AROUND ANNUITY DEPOSIT SCHEME

This is a scheme for those who want to manage their hard earned money in a disciplined manner, and optimise their returns through severa This is a scheme to enable the depositor to pay one time lumpsum and to receive the same in Equated Monthly Installments. The scheme pays out principal portion, plus interest, taking the value to zero level at the end of the specified/chosen period.

The scheme pays out principal portion, plus interest, taking the value to zero level at the end of the specified/chosen period. EXPLANATION: Annuity is another name for EMI. In loan segment interest is at monthly rests and in deposit segment it is at quarter;y rests. We are glad when the balance in the EMI schedule, in loan segment, attains a value of ZERO. A pre-calculated chart is available general In Annuity scheme, we are not comfortable to hear same words - ZERO VALUE AT THE END OF SPECIFIED CHOSEN PERIOD. Actually, what is happening? Let us analyse. Money flows from the Anuuity Deposit segment to Savings Bank account. An annuity deposit of Rs.1000000 at 9% interest for 60 months, pays Rs. 20726, as monthly annuity for 60 months. Money flows from Deposit segment to SB segment, which is 20726 x 60 = 1243560/If you do not spend any amount your SB balance will contain this 1243560 plus SB interest.

NOTE THAT, ONLY IF YOU CHOOSE TO SPEND ALL THE ANNUITY AMOUNT FROM SB , YOUR MONEY BECOMES Why not choose to move your move your surplus money to higher yield schemes like RD, mutual funds, Equity etc.

Now let us take case of Retired/Pensioner/Senior citizen. The senior citizen comes to the Bank with Rs.1000000, which is part of his superannuation. Assume that he has also income from pension. Bank recommend Fixed Deposit with monthly interest with explanation that he is entitled to part withdrawal or availing a lo Assume that the senior citizen agrees to park his 1000000 at 9% monthly interest for 120 months. At initial stages, he is comfortable to live within pension amount plus monthly interest. After a few months, his expenses may exceed the combined value, i.e. pension plus monthly interest. He may now opt either to part withdrawal from the FD amount, or availing a loan. At this stage, it goes without saying, the depositor will have to face some erosion of income.

WORKING MECHANISM OF ANNUITY SCHEME

Assume, an Annuity lumpsum deposit of Rs.1500000 for 120 months, at 9% interest. The monthly annuity pay out will be Rs.18947/Each of such annuity is comprised of interest and principal component. Let us examine the first 5 installment of Annuity, along with other details:
MONTH INTEREST PRINCIPAL ANNUITY BALANCE

0 1 2 3 4 5

11166.66 11108.74 11050.39 10991.60 10932.37 55249.77

7780.62 7838.55 7896.90 7955.69 8014.91 39486.67

18947.29 18947.29 18947.29 18947.29 18947.29 94736.44

1500000 1492219.377 1484380.832 1476483.933 <<< 1468528.246 1460513.333

<< The first interest component will be equal

Each of the balance at the end of the mon

THE PRINCIPAL PORTION AS PER CHA THIS WILL HAPPEN ONLY I

FOR MORE DETAILS GO TO THE NEXT SHEET "ANNUITY QUERY CHART"

ANNUITY - RD STRATEGY

(A PLANNER CUM STRATE

1.This is the planner cum strategy schedule by which a substantial money is saved at the end of the chosen period. 2. We have to start a Flexi Recurring Deposit as devised by State Bank of India and ICICI bank, for the same period, ,on the day of opening In variable monthly payment is not necessary and no penal interest. Now RD and Annuity deposit will have same interest rate.

Annuity deposit. In variable RD we can deposit any time during a month and any number of times.(Please see scheme on the next sheet) 3. A calculator is provided below. Take this for educative purpose. Fill the figures against Amount, interest rate,. Period is taken as 84 months. Assume you are now ready to start ANNUITY Depost for Rs.10 lakhs for 84 months @ 9%interest. 4. If we spend all of annuity amount, the balance after chosen peiod will be zero. If we allocate to spend an amount equal to monthly interest and the balance i.e. annuity - monthly int is channelised thro' Variable RD,
The RD will have the value equal to Annuity deposit at the end of the chosen period. The chart will show the annuity figure and monthly interest.

5. Another chart is automatically generated, which gives some notional figures for monthly spend. For the first year the monthly spend is allocated as monthly interes plus 10%. The subsequent years the spend figure is increased by 4%, as per chart. This is to compensate rupee depreciation due to inflation.

6. The details furnished alongside the calculator is self explanatory. 7. Another chart guides us the notional amount to remit into variable RD. The figure will be monthly annuity minus monthly spend. 8. Our SB will be having many credits like pension, other incomes, dividends etc. along with the annuity amount. Hence instead of arriving 9. Now, if go by allocatiing the spend amount as per the notional figure from the chart, and pay into Variable RD at notional figure as per ch amount nearer to the INDICATIVE SAVING VALUE, at the end of chosen period. 10. Now study the growh chart of the VARIABLE RECURRING Deposit, which is furnished below. It will illustrate how the Indicative Value NOTE: NOW THE OPTION IS OURS. IF WE GIVE IMPORTANCE TO INCREASE THE INDICATIVE VALUE, OUR SPENDING WILL BE LESS A 2. ANY EXTRA REMIITANCE INTO VARIABLE RD, OUT OF OUR OTHER SOURCE INCOME WILL INCR NOW HAVE A LOOK FOR A GROWTH CHART OF VARIABLE RD PLACED BELOW:

NOTE THAT THE INTEREST RATE FOR FLEXI RD IS ANNUITY DEPOSIT

PLEASE FILL AT YELLOW CELLS ANNUITY DEPOSIT INTEREST RATE PERIOD MONTHLY ANNUITY MONTHLY INT

MONTHLY SPEND YEAR BY Y

<< FILL << FILL <<<<locked MONTHLY INT +10% > (FOR YEAR 1 ONLY) MONTHLY INT + 10% YEAR 1 8189
INCREASED INCREASED BY 4% BY 4%

1000000 9 84 16055.26 7444.44

AMOUNT TO BE TRANSFERRED TO VARIABLE RD STANDING INSTRUCTIONS TO BE SET FOR EVERY 12 MONTHS FOR 7 YEARS

>>>>>> MONTHLY>>>

YEAR 1 7866

YEAR 2 YEAR 3 8516 8857 TOWARDS VARIABLE RD - ON MONTH (difFerence of annuity minu YEAR 2 YEAR 3 7538 7197

YOUR SAVINGS AT THE END OF CHOSEN PERIOD >>>>

best to remit on 27 - 31 of each month INDICATIVE VALUE THE RD FIGURES ARE JUST PLACED A IF YOU REMIT LESS THAN THIS AMOU

806244

TAKE THAT YOU ARE SPENDING MOR INDICATIVE VALUE GETS DIMINISHED

GROWTH CHART OF VARIABLE RD.

MONTHLY INT PROVIDE FOR UTILITY BILLS. SEE BELOW

MONTH

7444
MONTHLY WDL/SPEND DIFFERENTIAL AMOUNT RD INSTAL NOTIONAL GROWTH CHART OF RD

1 2 3

8189 8189 8189

7866 7866 7866

<<<FLEXI RD INSTALLMENT

7866 15791 23774

<<<<<<<

4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58

8189 8189 8189 8189 8189 8189 8189 8189 8189 8517 8517 8517 8517 8517 8517 8517 8517 8517 8517 8517 8517 8858 8858 8858 8858 8858 8858 8858 8858 8858 8858 8858 8858 9212 9212 9212 9212 9212 9212 9212 9212 9212 9212 9212 9212 9580 9580 9580 9580 9580 9580 9580 9580 9580 9580

7866 7866 7866 7866 7866 7866 7866 7866 7866 7538 7538 7538 7538 7538 7538 7538 7538 7538 7538 7538 7538 7197 7197 7197 7197 7197 7197 7197 7197 7197 7197 7197 7197 6843 6843 6843 6843 6843 6843 6843 6843 6843 6843 6843 6843 6475 6475 6475 6475 6475 6475 6475 6475 6475 6475

31817 39920 48083 56307 64592 72939 81348 89820 98354 106625 114956 123350 131806 140326 148908 157555 166266 175041 183883 192789 201763 210462 219225 228054 236949 245910 254938 264033 273195 282426 291726 301094 310533 319687 328910 338202 347563 356993 366494 376065 385708 395422 405209 415068 425001 434640 444351 454134 463990 473919 483923 494000 504153 514381 524686

NOTE:

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59 60 61 62 63 64 65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84

9580 9580 9964 9964 9964 9964 9964 9964 9964 9964 9964 9964 9964 9964 10362 10362 10362 10362 10362 10362 10362 10362 10362 10362 10362 10362

6475 6475 6091 6091 6091 6091 6091 6091 6091 6091 6091 6091 6091 6091 5693 5693 5693 5693 5693 5693 5693 5693 5693 5693 5693 5693

535067 545525 555678 565905 576209 586590 597047 607583 618197 628890 639663 650516 661450 672465 683164 693943 704802 715742 726763 737866 749052 760322 771675 783112 794635 806244

NOW LET US THINK ABOUT ANNUITY DEPOSIT, WHERE THE MONTHLY AN

1. List your utility bills like, electricity, water, cable tv, phone bill, newspaper subscription. To meet part/full payment of such bills, short period Annuity deposit can be of use. In such cases, whole of the monthly annuity will be allocated for spending. AND HENCE NO SAVING

USE THIS CALCULATOR TO PLAN YOUR EXPENSES.

THIS CHART CAN BE USED WHERE 100% ANNUITY IS ALLOCATED TO MEET BILL PAYMENT EXPENSES
AMOUNT INTEREST PERIOD 48 ANNUITY

FILL >>>>

75000

8.75

1855.25

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IT SCHEME
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e their returns through several channels. Installments. chosen period.

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chosen period.

uarter;y rests. ted chart is available generally named as "AMORTISATION SCHEDULE." CHOSEN PERIOD. PRESENTED BY: V RAMACHANDRA SHENOI Downloaded from AllBankingSolutions.com Developed by v ramachandra : Your Name shenoi and email address email address: veearess@gmail.com

y annuity for 60 months.

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, YOUR MONEY BECOMES ZERO. mutual funds, Equity etc. case study::: FD monthly interest, 9% int, 120 months. AMOUNT OF FIXED DEPOSIT avails OD/loan. INTEREST RATE examine the chart>>> MONTHLY INTEREST When the loan amout is 50% LOAN AMOUNT the overall yield is 6.87% INTEREST RATE When loan is 75% the yield MONTHLY is INTEREST on loan 2.73% less than SB int.
loan 50% 1000000 9 7444.44 500000 11 4583.33 500000 2861.11 6.87

art withdrawal or availing a loan.

READ CAREFULLY>>>>> EVERY DETAIL

when the loan is 90%,UNENCUMBERED the DEPOSIT BALANCE systems eats all the interest INTEREST AMOUNT ON THIS BALANCE and begins to rob principal INTEREST RATE ON THIS BALANCE

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rest component will be equal to the monthly interest of Rs.1500000 @ 9%

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balance at the end of the month earns interest at contracted rate but at monthly discounted rate.

PAL PORTION AS PER CHART IS TRANSFERRED TO SB ACCOUNT WITHOUT EXTRA LOAD/INTEREST THIS WILL HAPPEN ONLY IN ANNUITY SCHEME

(A PLANNER CUM STRATEGY)

FLEXI RECURRING DEPOSIT SCHEME SBI FLEXI DEPOSIT SCHEME

A variant of Recurring Deposit with the facility of depositing variable deposit instead of a fixed instalment.

eriod, ,on the day of opening

ll have same interest rate.

scheme on the next sheet)

Period of deposit : Minimum - 5 years and Maximum - 7 years Minimum deposit amount Rs. 5,000/- per Financial Year. Minimum of Rs. 500/- at any one instance. Deposits can be made anytime during a month and any number of times. FOR MORE DETAILS CLICK SCHEME SHEET The period chosen is 84 months. Ascertain the interest rate from the bank. IT IS BETTER TO OPEN BOTH THE ACCOUNTS IN THE SAME BANK. AT PRESENT, STATE BANK OF INDIA HAS BOTH SUCH ACCOUNTS.

ised thro' Variable RD,

START VARIABLE ON THE SAME DAY AND FOR SAME PERIOD TO EARN SAME INTEREST, IN THE SA

sed by 4%, as per chart.

minus monthly spend. nt. Hence instead of arriving spend figure, give importance to RD installment. D at notional figure as per chart II, we wil get an

rate how the Indicative Value is arrived.

PENDING WILL BE LESS AND HENCE MAY AFFECT OUR LIFESTYLE STANDARDS. OURCE INCOME WILL INCREASE OUR END VALUE

T RATE FOR FLEXI RD IS TAKEN AS THAT OF

PRESENTED BY: V RAMACHANDRA SHENOI

Y SPEND YEAR BY YEAR. (NOTIONAL VALUES)

INCREASED INCREASED BY 4% BY 4% INCREASED BY 4% INCREASED BY 4%

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<<<

CHART I MONTHLY SPEND CHART

YEAR 4 YEAR 5 YEAR 6 9211 9580 9963 VARIABLE RD - ON MONTHLY BASIS (SEE BELOW) (difFerence of annuity minus spend) YEAR 4 YEAR 5 YEAR 6 6843 6475 6091

YEAR 7 10362 CHART II VARIABLE RD CHART <<< <<<<<<<<<<THIS CHART IS MORE IMPORTANT TAKING TO THE INDICATIVE VALUE MAKE A NOTE OF THESE FIGURES.

YEAR 7 5693

URES ARE JUST PLACED AT 10% AND ABOVE THE MONTHLY INT MIT LESS THAN THIS AMOUNT, THEN YOU ARE SPENDING MORE AND VALUE GETS DIMINISHED. SUMMATION CONTRACTED RATE THROUGHOUT:::: 1.The annuity segment earns interest at contracted rate The Flexible RD segment earns interest at contracted rates THESE BALANCES ARE INCLUSIVE OF INTEREST. 3. The unspent portion of

THE ACTUAL BANK BALANCES WILL NOT BE MATCHING TO THIS BALANCE. BUT THE FINAL FIGURE WILL BE 99% MATCHING

spend allocation, earns SB interest. When this is put into the RD it earns contracted rate. ARE YOU NOT EATING THE CAKE AND HAVING IT TOO???

THE INTEREST FIGURES ARE KEPT HIDDEN

Disclaimer : This is a free tool. All efforts have been made so that it can be of use to the maximum users and is accurate as far as possible. However, in case, any inaccuracy is found, neither AllBankingSolutions.com nor the developer of the tool will be responsible for any loss or

inconvenience caused on this account

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Disclaimer : This is a free tool. All efforts have been made so that it can be of use to the maximum users and is accurate as far as possible. However, in case, any inaccuracy is found, neither AllBankingSolutions.com nor the developer of the tool will be responsible for any loss or

inconvenience caused on this account

E THE MONTHLY ANNUITY IS FULLY TO BE SPENT.

. AND HENCE NO SAVINGS.

COLLECT INT RATE FROM BANK WEBSITE AND FILL THE CELL <<<<< RESULT

Disclaimer : This is a free tool. All efforts have been made so that it can be of use to the maximum users and is accurate as far as possible. However, in case, any inaccuracy is found, neither AllBankingSolutions.com nor the developer of the tool will be responsible for any loss or

inconvenience caused on this account

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loan 75%

1000000

loan 90% 1000000 9 9 7444.44 7444.44

750000 11 6875 250000 569.44 2.73

900000 11 <<2% above loan rate 8250 100000 <<<Deposit amount minus loan amount -805.56 -9.67 << effective yeild on unencumbered balance

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ixed instalment.

e from the bank.

EARN SAME INTEREST, IN THE SAME BANK

ANNUITY SCHEME SPECIAL THANKS TO State Bank of India and South India Bank for introducing the scheme. vrshenoi, veearess@gmail.com FEATURES OF THE SIB CARE
SIB CARE Deposit is a new scheme formulated for all those who wish to have a fixed return for a fixed period for their investment. The Scheme is specially designed aiming both our youngsters and pensioners who are in need of a fixed amount in addition to the applicable interest payout. A lump sum amount for a predetermined period ranging from 2 years to 10 years based on their requirement of funds is deposited with the Bank and Customer will be getting credit of equal installments (interest for the period along with a principal portion) to the connected operative account on deposit dates from the next month onwards. Interest rates will be as applicable for the preferred period of deposits. Even though monthly interest is credited the same is offered without any discounts. We propose to offer the card rates without any discounts for this product in conformity with the IBA master charts of Lump sum Annuity Monthly Repayment Deposits. The Deposit Amount shall be minimum of Rs 25,000/- and a Maximum of Rs.One Crore. When we assess our customer needs we find that several requirements of our customers can be suitably addressed through our SIB CARE Scheme Some of which are: Retired/VRS employees who want to invest a part of their retirement benefits for maintaining an income level equal to their earlier living standards. Students may subscribe to this product which assures monthly fixed returns to meet their expenses of College/Hostel Fees. NRI Returnees who want to have a fixed return for a fixed term. Agriculturists who want to invest their agricultural income for getting monthly return to meet the recurring family expenses/future cultivation expenses. Parents/Beloved ones to get a fixed amount every month, which is sufficient to meet the monthly expenses for a fixed term. For those who want to manage their hard earned money in a disciplined manner, this scheme will be attractive with higher returns. PREMATURE CLOSURE - PERMITTED Premature Payment Permitted. But Rate of Interest will be taken asthe applicable rate as on date of deposit for the period run, less penalty mentioned below, or contracted rate whichever is lower. Pre closure penalty shall be charged @ of 0.5% for amounts upto Rs. 15 Lakhs and @ 1% for amounts of Rs. 15 Lakhs and above In the case of preclosure due to death ofthe depositor, Rate ofInterest as on date of deposit for the period run or contracted rate, whichever is lower, will be taken, but no preclosure penalty will be charged. LOAN FACILITY - NO Loan Facility No loans will be allowed againstthe deposit orlien will not bemarked in the deposit.

ANNUITY DEPOSIT SCHEME - STATE BANK OF INDIA

To enable the depositor to pay one time lump sum amount and to receive the same in Equated Monthly Instalments (EMIs), comprising a part of the principal amount as well as interest on the reducing principal amount, quarterly rests and the monthly Payment of interest will compounded start on theat anniversary date of discounted the monthto following the value. month of deposit. If that date is non-existent (29th, 30th & 31st), it will be paid on the 1st day of the next month. Deposit amount Minimum- Based on minimum monthly annuity Rs 1000/- for the relevant period. In no case Minimum Amount of deposit should be below Rs. 25,000/ Maximum: No Limit Tenure

36/60/84 or 120 months Rate of interest As applicable to the Term Deposits of tenure as opted by the depositor. Premature Payment Permitted only in case of death of depositor. Loan facility Overdraft/loan up to 75% of the balance amount of annuity may be granted on special cases. After disbursal of OD/loan, further annuity payment will be deposited in loan account only.
THE SCHEME BY SBI

Most Important Terms & Conditions 1. Depositor pays one time lump sum amount and receives Equated Monthly Installments (EMIs), comprising a part of the principal amount as well as interest on the reducing principal amount, compounded at quarterly rests 2. Deposit Amount Maximum: No Limit Minimum- Based on minimum monthly annuity Rs 1000/- for the relevant period. In no case Minimum Amount of deposit should be below Rs. 25,000/-. 3. Tenure 36, 60, 84 and 120 months. 4. Premature payment - Permitted only in case of death of depositor. 5. Loan facility - Overdraft/loan upto 75% of the balance amount of annuity may be granted on special cases. It will be the same as applicable to TRD/STDRs. After disbursal of OD/loan, further annuity payment will be deposited 6. Nomination facility availabl

FLEXI RECURRING DEPOSIT SCHEME

SBI FLEXI DEPOSIT SCHEME A variant of Recurring Deposit with the facility of depositing variable deposit instead of a fixed instalment. Period of deposit : Minimum - 5 years and Maximum - 7 years Minimum deposit amount Rs. 5,000/- per Financial Year. Minimum of Rs. 500/- at any one instance. Deposits can be made anytime during a month and any number of times. Penalty for default in payment of minimum deposit will be Rs.50/- per Financial Year. Maximum deposit amount Rs.50,000/- in a Financial Year. Rate of interest As applicable to Term deposits. Interest will be compounded at quarterly intervals, based on the balance outstanding on the last date of each month. Tax deduction at source Interest payable will be subject to TDS. Premature closure Allowed. Most Important Terms & Conditions 1. Interest will be paid at the contracted rate irrespective of change in the rate thereafter.

2. Minimum Tenure: Minimum - 5 years, maximum 7 years. 3. deposit amount - Rs. 5,000/- -per Financial Year (plus in multiples of Rs. 500/-) minimum of Rs. 500/- at any one instance. 4. Deposits can be made anytime during a month and any number of times. Penalty for default in payment of minimum deposit will be Rs.50/- per Financial Year. 5. Maximum deposit amount - Rs.50,000/- in a Financial Year. 6. Tax Deduction at Source - Interest payable will be subject to TDS. 7. Premature withdrawal - The rate applicable in case of premature withdrawal shall be 0.50% below the rate applicable for the period the deposit has remained with the Bank. 8. 9. Loan Facility as applicable to Term Deposits. Nomination facility available.

iwish from icicibank

iWish iWish is a unique flexible Recurring Deposit that lets you save for your goals as and when you have the funds and earn better interest rates just like a Fixed Deposit. What's more, you can choose to share your goals with friends and family on Facebook. iWish also provides an easy online interface to see the progress of all goals and manage them from one place. The key features of iWish are:

Flexibility: A recurring deposit with the added benefit that any amount can be contributed at any point of time. There are no penalties if funds are not deposited in a month. You also have an option of creating a standing instruction if you want to do so. Know more Better returns: You earn recurring deposit interest rates, while enjoying the freedom of not having to deposit into your goal every month. Know more

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AROUND THE ANNUITY DEPOSIT

This is a scheme for those who want to manage their hard earned money in a disciplined manner, and optimise their returns thr In FD scheme Rs.1500000 at 9% , for 120 months interest monthly interest of Rs.11167, same amount deposited in Annuity sch

ANNUITY
AMOUNT OF DEPOSIT INTEREST RATE PERIOD

YELLOW COLORED CELLS ARE TO BE FILLED.

1000000 9 72 ANNUITY>>>>

<< FILL << FILL << FILL <<<<<<< RESULT

17992.47

(PLEASE LOOK FOR THE CHART BELOW. Please ingnore the figures below the balance zero. TO ARRIVE BALANCE AT THE END OF CERTAIN MONTHS, FOR THE ABOVE DATA
(CONTRACTED RATE) PERIOD (IN MONTHS)

56

FILL <<<<<< RESULT

BALANCE AT CONTRACTED RATE AT THE END OF ABOVE PERIOD

270448.83

(PLEASE VERIFY THIS FIGURE FROM THE CHART BELOW)

PREMATURE CLOSURE AT THE ABOVE PERIOD

ELIGIBLE INTEREST RATE PERIOD RUN
AMOUNT TO BE RECOVERED

8 56 38240.00

FILL <<<<< <<<< RESULT

BALANCE PAYABLE THE COURSE OF ANNUITY PAYMENTS CHART

MONTH 0 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 7444.44 7365.92 7286.81 7207.11 7126.82 7045.93 6964.44 6882.34 6799.64 6716.31 6632.37 6547.80 6462.60 6376.76 6290.29 10548.02 10626.55 10705.66 10785.35 10865.65 10946.53 11028.02 11110.12 11192.83 11276.16 11360.10 11444.67 11529.87 11615.70 11702.17 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 INTEREST PRINCIPAL ANNUITY

232208.83

BALANCE 1000000.00 989451.98 978825.43 968119.77 957334.42 946468.77 935522.24 924494.21 913384.09 902191.26 890915.10 879555.00 868110.33 856580.46 844964.76 833262.59

<<the First interest is monthly int on FD

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16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41 42 43 44 45 46 47 48 49 50 51 52 53 54 55 56 57 58 59 60 61 62 63 64

6203.18 6115.41 6026.99 5937.92 5848.18 5757.77 5666.69 5574.93 5482.49 5389.36 5295.54 5201.01 5105.79 5009.86 4913.21 4815.84 4717.75 4618.92 4519.36 4419.07 4318.02 4216.22 4113.66 4010.34 3906.25 3801.39 3695.75 3589.31 3482.09 3374.07 3265.24 3155.61 3045.16 2933.88 2821.78 2708.84 2595.06 2480.44 2364.96 2248.62 2131.42 2013.34 1894.39 1774.54 1653.81 1532.18 1409.64 1286.19 1161.82

11789.29 11877.06 11965.47 12054.55 12144.29 12234.70 12325.78 12417.54 12509.98 12603.11 12696.93 12791.45 12886.68 12982.61 13079.26 13176.63 13274.72 13373.54 13473.10 13573.40 13674.45 13776.25 13878.80 13982.12 14086.21 14191.08 14296.72 14403.15 14510.38 14618.40 14727.22 14836.86 14947.31 15058.59 15170.69 15283.63 15397.40 15512.03 15627.51 15743.85 15861.05 15979.13 16098.08 16217.92 16338.66 16460.29 16582.83 16706.28 16830.64

17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47

821473.30 809596.24 797630.77 785576.22 773431.93 761197.23 748871.45 736453.92 723943.94 711340.83 698643.90 685852.45 672965.77 659983.16 646903.90 633727.27 620452.55 607079.01 593605.91 580032.50 566358.06 552581.81 538703.01 524720.88 510634.67 496443.60 482146.87 467743.72 453233.35 438614.95 423887.73 409050.87 394103.56 379044.97 363874.28 348590.66 PRESENTED BY: 333193.26 V RAMACHANDRA SHENOI 317681.23 302053.72 286309.87 270448.83 254469.70 238371.62 222153.70 205815.04 189354.75 172771.92 156065.65 139235.00 Disclaimer : This is a free tool. All

PRESENTED BY: V RAMACHANDRA SHENOI

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users and is accurate as far as pos

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Developed by v ramachandra : Your Name shenoi and email add

65 66 67 68 69 70 71 72 73 74 75 76 77 78 79 80 81 82 83 84 85 86 87 88 89 90 91 92 93 94 95 96 97 98 99 100 101 102 103 104 105 106 107 108 109 110 111 112 113

1036.53 910.30 783.13 655.02 525.95 395.92 264.93 132.95 0.00 -133.94 -268.88 -404.83 -541.79 -679.77 -818.77 -958.81 -1099.89 -1242.02 -1385.21 -1529.47 -1674.80 -1821.21 -1968.71 -2117.31 -2267.02 -2417.84 -2569.78 -2722.86 -2877.07 -3032.43 -3188.95 -3346.64 -3505.49 -3665.53 -3826.76 -3989.20 -4152.84 -4317.70 -4483.78 -4651.11 -4819.68 -4989.50 -5160.59 -5332.95 -5506.59 -5681.53 -5857.77 -6035.32 -6214.20

16955.94 17082.17 17209.33 17337.45 17466.52 17596.54 17727.54 17859.51 17992.47 18126.41 18261.35 18397.30 18534.25 18672.23 18811.24 18951.28 19092.36 19234.49 19377.68 19521.94 19667.27 19813.68 19961.18 20109.78 20259.48 20410.31 20562.25 20715.32 20869.54 21024.90 21181.42 21339.10 21497.96 21658.00 21819.23 21981.66 22145.30 22310.16 22476.25 22643.57 22812.14 22981.97 23153.05 23325.42 23499.06 23674.00 23850.24 24027.79 24206.66

17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47

122279.06 105196.90 87987.56 70650.11 53183.60 35587.05 17859.51 -0.00 -17992.47 -36118.88 -54380.23 -72777.53 -91311.78 -109984.01 -128795.25 -147746.52 -166838.88 -186073.37 -205451.05 -224972.99 -244640.25 -264453.93 -284415.11 -304524.89 -324784.37 -345194.68 -365756.92 -386472.25 -407341.78 -428366.68 -449548.10 -470887.20 -492385.16 -514043.16 -535862.39 -557844.06 -579989.36 -602299.53 -624775.78 -647419.35 -670231.50 -693213.46 -716366.52 -739691.93 -763190.99 -786864.99 -810715.23 -834743.02 -858949.68 Disclaimer : This is a free tool. All

users and is accurate as far as pos

AllBankingSolutions.com nor the de

inconvenience caused on this a

114 115 116 117 118 119 120

-6394.40 -6575.95 -6758.85 -6943.11 -7128.74 -7315.75 -7504.16

24386.87 24568.42 24751.31 24935.57 25121.20 25308.22 25496.62

17992.47 17992.47 17992.47 17992.47 17992.47 17992.47 17992.47

-883336.55 -907904.97 -932656.28 -957591.85 -982713.06 -1008021.28 -1033517.90

Disclaimer : This is a free tool. All efforts have been made so that it can be of use to the maximum users and is accurate as far as possible. However, in case, any inaccuracy is found, neither AllBankingSolutions.com nor the developer of the tool will be responsible for any loss or

inconvenience caused on this account

and optimise their returns through several channels. ount deposited in Annuity scheme pays you annuity of Rs.18947/THIS CHART CAN BE USED WHERE 100% ANNUITY IS ALLOCATED TO MEET BILL PAYMENT EXPENSES
AMOUNT INTEREST PERIOD 48 36 36 36 36 ANNUITY COLLECT INT RATE FROM BANK WEBSITE AND FILL THE CELL <<<<< FILL YELLOW CELLS

50000 75000 100000 200000 250000

8.75 8.75 8.75 8.75 8.75

1236.83 2374.07 3165.42 6330.85 7913.56

THIS ANNUITY AMOUNT WILL

HELP TO MEET PART/FULL OF BILL PAYMENT

balance zero.

Downloaded from AllBankingSolutions.com Developed by : Your Name and email address email address: veearess@gmail.com

<<

TO KNOW THE BALANCE IN THE ACCOUNT AT THE END OF CERTAIN MONTH FILL THIS FIGURE IN CASE YOU DESIRE PREMATURE CLOSURE

IN CASE OF PREMATURE CLOSURE, OBTAIN THE ELIGIBLE RATE WITH PENAL CUT FROM BANK.

<<<

AND FILL AT THE RELEVENT CELL. WHEN THE INTEREST RATE IS CONTRACTED RATE THERE IS NO RECOVERY. THIS IS A PROOF OF CORRECTNESS.

THE AMOUNT PAYABLE TO YOU ON PREMATURE CLOSURE

Disclaimer : This is a free tool. All efforts have been made so that it can be of use to the maximum users and is accurate as far as possible. However, in case, any inaccuracy is found, neither AllBankingSolutions.com nor the developer of the tool will be responsible for any loss or

inconvenience caused on this account

ANDRA SHENOI

d from AllBankingSolutions.com v ramachandra shenoi

ss: veearess@gmail.com

ANDRA SHENOI

Disclaimer : This is a free tool. All efforts have been made so that it can be of use to the maximum users and is accurate as far as possible. However, in case, any inaccuracy is found, neither AllBankingSolutions.com nor the developer of the tool will be responsible for any loss or

inconvenience caused on this account

d from AllBankingSolutions.com v ramachandra shenoi

ss: veearess@gmail.com

d from AllBankingSolutions.com v ramachandra shenoi

ss: veearess@gmail.com

Disclaimer : This is a free tool. All efforts have been made so that it can be of use to the maximum users and is accurate as far as possible. However, in case, any inaccuracy is found, neither AllBankingSolutions.com nor the developer of the tool will be responsible for any loss or

inconvenience caused on this account

e of use to the maximum

cy is found, neither

or any loss or

COLLECT INT RATE FROM BANK WEBSITE AND FILL THE CELL FILL YELLOW CELLS

Y AMOUNT WILL

EET PART/FULL

T FROM BANK.