INFLAPRO
THIS SOFTWARE WORKS ON FIREFOX / GOOGLE CHROME / does not work in IE
- Inflapro is the calculation for method of inflation protected return on Investment
- It provides periodical payout on FD or pension on a Principal amount at increased value to the extent of inflation protection compared to
the previous year same period
- For example if the principal is Rs. 100000 and interest rate is 8% pa compounded annually then in a conventional method one gets
equal amount of rs. 8000 per year. In inflapro method depending on inflation protection level and other parameters
one may get around 5000 in first year 5500 in second year and so on
- This site www.bnvenkat.com
provides a chart of dozen schemes equivalent to one type of conventional method of pay out.
- There is another site
www.bnv.bvraghav.com wherein for each
of dozen options other custom parameters one can use the provided calculator and workout detailed statements
with audit proof calculatations with brought forward and carry over figures and the periodical interest posting and payouts
AUTHOR: B N VENKATARAMAN Add: D-1/233 Sector F, Jankipuram, Lucknow 226 021. (M)7388270901
Kanpur Address: c/o Shri B V Raghav, E-4, SBRA, IIT Kanpur 208 016