INFLAPRO

CHARTS FOR SAMPLE EDUCATION LOAN

(also pl visit http://www.bnv.bvraghav.com to know about INFLAPRO)

For INFLAPRO OPTIONS (AN INVENTION OF B N VENKATARAMAN) and calculations CLICK the figures in the following table
NO LOGIN or password required for these schemes to see the inflapro




Education LOAN/RETURN RATES
DERIVED FROM QUARTERLY COMPOUNDING

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Period     (Qrly)       (Monthly)       (HalfYrly)       (Yearly)  
10 Yrs 10.5%(Q) 10.5%(M) 10.5%(H) 10.5%(Y)
15 Yrs 10.5%(Q) 10.5%(M) 10.5%(H) 10.5%(Y)

    Education loans have a moratorium period
    of duration of education before employment

    During the moratorium period only
    simple interest is applied.
    Pl note that
    For a rate of interest say 10.5% Quarterly
    the simple interest rate is 10.92072 applied
    annually

CUSTOM MENU FOR INFLAPRO EDUCATION LOAN SCHEME

Education Loan Term
years

Principal Amt Limit say Rs.100000
Rs.

Interest % p a (Qryly compounded rate say 10.5)
%

Select mode of repayment


Study period (Moratorium)
Years

Additional (Moratorium) period 1 year permissible
year