page 11 INFLAPRO TUTOR

INFLAPRO APPLICATIONS
(Fixed deposit)

Inflapro Fixed deposit

In the conventional FD schemes, the interest is fixed for the entire period of the term of FD. Let us take the case of principal of Rs. 100000 at 8.25% quarterly compounded let us say for the term of 5 years. In conventional FD scheme the quarterly interest works out to Rs. 2062.50. In Infla pro scheme of FD the interest varies form Rs. 883.42 to Rs. 3611.97. The detail is mentioned below:
In the opinion of the author of this inflapro FD scheme, giving higher percentage of interest is the biggest economical crime, the world is facing.
In the sample case of inflapro discussed above, the interest % in first quarter is 6.518% only and last quarter of the end of sixth year is 10.25%. Of course there are interest rate for partial days of the quarter before the first and partial days of the quarter after the last quarter. these are prorated from first quarter and last quarter respectively.
As per banking principle Banks quarter years, commence from 1st April, 1st July, 1st October and 1st January of every financial year. Accordingly, the dates of interest posting are end of every quarter and calculation of inflapro interest taking into consideration of inflation protection percentage, periodical interest is calculated and datewise posted. The link for sample of Rs. 100000 lakh investment of FD at the rate of 8.25% interest quarterly compounded for 5 years and inflation protection of 10%. is worked out.
To see this, sample calculation one requires, a login and password for the site bnv.bvraghav dot com and one can generate with the new registration with email id. However one should remember that only 3 calculation samples are premitted for single email id. The same calculation may be recalled for few more times. But there also restriction on limit is thrown. So the link is not given but link for pdf on the sample calculation is given below:
The interest rate for quarter varies from 6.516% pa to 10.247% in 20th quarter. The link for PDF is:
INFLAPRO › inflation protected FD scheme.pdf
Lately the FD calculations are also made available in the site bnvenkat dot com. with a menu driven program. The calculations give different result compared to the previous site as mentioned above. The calculations are more simple and posting is done in accounts at the end of each quarter corresponding to the quarterly year ending just after 3 months, 6 months etc of the FD start date. and not by the calendar quarter.
The interest rate for quarter varies from 6.517% pa to 10.247% in 20th quarter. The link for menu page is: (no log in required)
www.bnvenkat.com/inflafd/fdinit.php

Who can implement INFLAPRO and who can use my software

Inflapro is an invention by the author, With this, there are three method of interest/dividend/return on investment, viz. a) diminishing balance method, b) Equal Instalments and c) Inflapro method.
The inflapro method is also a quite flexible to cater to any of these methods, but one has to remember that the method a) and c) gives exponential return.
The diminishing balance method i.e. -ve inflation (deflation) can be considered for loans like automobile loan or electronic items loan where the depreciation rate of the item is very high. That is the solvage value is very less compared to the loan.
The author B N Venkataraman, is willing to guide any interested parties (read financial company/start-up), to develop software in PHP, Javascript with JQuery, and Html in web based programs for automated use, or calcuations/chart in simple Excel/open office spread sheet, to give a working model or simply pre-calculated charts for manual use.
The author does not require any royalty for commercial exploitation.
The benefits are listed in the page 7 of this tutorial.
Only financial companies/ insurance companies can implement. The Insurance endowment Rs. 1 crore scheme, FD with less interest rate of around 7% are highly beneficial to investment companies.
The other industries and start-ups can use inflapro for preferential shares/debentureas and FD.
General public who is investing or taking loans, can verify with my software whether the proper inflapro calculations are used and very well be aware of the method of calculation and a scientific mentod.
In case of FDs even though interest rate vary from quarter to quarter, at the end of the term the total earning will be same as conventional cumulative value of FD with conventional interest rate. In the sample case considered in this web page is 8.25% pa quarterly compounded. More about the sample FD scheme is given in the pdf page itself.
Even though I have invented these schemes right in the year 2010 when inflation was at its peak, not in a hurry to implement it. These sort of inventions take centuries to commercially implement. Example to this time of century is the implementation of EMI itself. EMI was invented even before the computer age, but only in 1990s it came to existence. But what I am worrying is the method of INFLAPRO should not die with me alone. I wish it be educated to others. In computer age the understanding is quite fast and so is the implementation time right from the time of invention. One may call it innovation, but I feel it is an invention.
Without any login particulars, quite a large number of sample calculations are available in this web site.
My software does not ask for any of your personal particulars, even if you want to log in, other than simple email id. Not even phone number asked.
So beware of any spurious software.
The email id is also for giving OTPs and nothing more in any kind of canvassing or advertisement. Now my site is secured and look for https: in the address bar.
LOOKING FOR PROSPECTIVE AUDIENCE TO DEMONSTRATE THE USE OF my software.
login particulars are different for the two websites (bnv.bvraghav dot com and bnvenkat dot com ) mentioned in these tutorial pages.
Best wishes.

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