Calculate interest on borrowed or lent Money Easily with help of this application.
It calculates interest on Rupee based interest rate as practiced in Non-banking business.
i.e. Rs. 2 per Rs. 100 per month.
Option to select period from calendar, no need to calculate months and days separately.
Just enter the Principal, rate, and duration or pick from dates....Interest calculation is just click away!
Calculated interest can be shared with friends with sharing option from application page directly.
(Note: 1 month = 30 days is being taken for calculation irrespective of days in a particular calendar month)