Tuesday, March 9, 2021

127-EMI statement makers for all types of loan


This tool will help users to verify the EMI statement with the bank’s EMI statement. It will help users to prevent bank fraudulence if any. 

I faced the same type of problem. A huge amount was included in my loan amount after the payments of 6 EMI's by one of the well-known finance company which could not be noticed by anyone. At the end of the year, my program was not tallying with the statements of the loan finance company. So, I re-checked my software, thinking that the bank may not do such types of mistakes. I modified my software and checked the statement. There was fraudulence in the bank's statement and the same was sorted out at that time and everything became normal as per my software. So, it will be very useful to everyone who takes a loan from the bank of any finance company. 


For any loan taken, we must repay it with equated monthly installments called EMI. This tool requires limited information like: 
1) The opening balance of a loan.
2) EMI-start-Month.
3) EMI amount.
4) Rate of interest.
5) Part payment amounts with month.
6) The details of EMI were skipped.

Based on your information, this tool will calculate the entire EMI account statement, which can be compared with the statement of the loan-providing company.



Here, enter the principal amount (P), rate of interest (PCPA), (write 13 for 13%), and the number of months of EMI, then we will get EMI-amount. The information will be forwarded for the first-year EMI chart.

The software will take the principal-loan-amount, rate-of-interest, and EMI-start-month directly from the previous sheet. The latest modified information of these fields will be available throughout the EMI charts. 


For any changes in the EMI amount, enter the month from the drop-down menu and the new EMI amount in the next cell under the head "EMI".

For any changes in the rate of interest, enter the month from the drop-down menu and the new rate of interest in the next cell under the head "INTEREST".

If any part-payment is done, then enter the month from the drop-down menu and part-payment amount in this cell under head "Part-Payment".

If any EMI is missed, it will be entered here under the head "EMI not paid for some month".


Summary of the EMI statement:

All the information is available with the graph.


Friday, November 27, 2020

126-Calculator of a commutation of a pension

Dear friends,

Now you can download FORM-1 from this site also. Go to the bottom, click on top-right-symbol which shows as "pop-out " and download the form.

Click here to watch a video on this topic. 

This post is to calculate the commutation of a pension and pension amount after commutation. So many employees have taken VRS even at the age of 50 years. So, this software will help them to set a reminder for submission of Form-1 in their admin office. Following important particulars regarding the commutation of a pension will be available in this software.

Enter only the following information:

The output will be as follows:



This output will be the same as we get the details of the commutation of our pension. This software is with more information about the commutation of pension.

Thanks for using this software.  



Tuesday, July 28, 2020

125-How to open your NPS Account Online

Dear friends,
Due to COVID-2019, it is always safe to stay at home. So this blog will help you to open your NPS account (National Pension System) online. 

It will really help you a lot.

NPS Tier 1 Tax Benefits
You get a tax deduction under Section 80CCD(1) and 80CCD(2) on contributions to the NPS up to Rs 1.5 lakh per annum.
  • In addition you can get a tax deduction on contributions up to Rs 50,000 under Section 80CCD(1B). Hence the total tax benefit on contributions to the NPS is Rs 2 lakh per annum.
  • In addition, the returns on NPS are tax-exempt while the money is retained in the NPS account.
  • On maturity, up to 60% of the accumulated NPS corpus can be withdrawn free of tax. Another 40% must be used to buy an annuity (regular pension).

When I was trying to open an on-line NPS account, I faced some problems and the same is being shared hare.

So we will see the procedure step by step:


Click on the following link to open the NPS account.

I used KARVY to register for NPS. You can choose anything.


Click on the Join NPS New User button.


If you select PAN, then the following task is being done.

NOTE: Please select the Point of Presence (POP) where you have an existing relationship – either a Savings/ Current account (in case of Bank) or any Demat/ Mutual Fund/ Insurance, etc. (in case of non-Bank). Your KYC verification under NPS will be done by the selected POP (Bank/ non-Bank). A onetime fee of up to maximum Rs. 125 (plus applicable taxes) will be charged by POP (Bank/ non-Bank) as KYC authentication charges.

Secondly, if you choose the AADHAR card, then follow the following diagram.

Here you need to be ready for the following:


Now generate an XML file of your AADHAR card which is to be uploaded while registering for the NPS account.


Now upload XML file on the system.


Now fill all the steps as given below.


Now you can pay a minimum of Rs. 500 and after payment, you will get your PRAN


Kindly note that your KYC details will be sent to the Bank selected by you during the registration process for verification. Once Bank has confirmed the KYC verification, you have the option to esign the registration form.


Now you can also download the NPS mobile app from Google Play Store for Android (http://bit.do/ewpU8) and Apple Play Store for iOS by searching "NPS by KFintech CRA".

In the same way, you can also register for the NPS account using the NSDL portal. 

Thanks for visiting my site.

Monday, June 29, 2020

124-Interest and amount calculator of Senior Citizen Saving Scheme

Dear friends,

We started getting various amounts from our organization. Here is your personal calculation sheet of SCSS (Senior Citizen Saving Scheme) where you will get the details of the receivable amount at the time of maturity. It is developed in excel for you  This file you can download on your mobile, laptop, or desktop.

Step 1:

If you are using mobile for this software use, then install EXCEL from App station. Different methods are there for mobile as well as a laptop. We will see both.

Click here to download the calculator of the SCSS account.

It is in "View only" format, so download it on your laptop or mobile. First of all, Enter your name,  then start using it.

Here you must open RD (Recurring Deposit) account in any nationalized bank or post office for 5 years at the same time when you opened your SCSS account.

How to use this software tool:

1) Enter your name.
2) Enter the amount which you want to deposit in the SCSS account either in the bank or post-office.
3) Enter the rate of interest of the SCSS account.
4) Enter the rate of interest of Recurring Deposit account.

Here you can enter your data only in 4 yellow colored cells.

Thanks for visiting my site.