How to Calculate GP Fund Advance Interest Amount in MS Excel Sheet

I have already published an article in connection with the Calculation of GP Fund Advance Interest Amount manually. On the request of the visitors of Galaxy World, I am today publishing an article about the Calculation of GP Fund Advance Interest Amount in MS Excel Sheet.

GP Fund Advance is granted to an employee Refundable and Non-Refundable. After the age of 45 years the employee can apply for GP Fund Advance Non-Refundable. The GP Fund Advance is refunded in 48 monthly installments.

The process of the same is very simple. Just enter the amount of GP Fund taken as advance, number of installments. You will get the interest amount as well as the total amount refundable.

 

Download GP Fund Advance Interest Calculator

 

GP Fund Interest

 

 

12 Comments

  1. Papoo Kumar

    Sister shumaila kamal asallam ule kum
    mein ne 2010 mein gp fund advance liya tha jo k mujhe 40% mila tha tab meri age 42 yrs thi. Ab again mujhe gp fund advance ki zarrorat hai to ab mein kitne % advance le sakta hoon ab meri age 47 hai

    • Dear Papoo Kumar, I am not confirm about your department policy, however it is generally 80%.

  2. Azeemullah

    how i can find the balance of gp fund. plz write its formula and procedure.

  3. Ashfaque

    but i think now a days GP fund Non.refundable system chal raha hai refundble khatm hogaaya hai plz admin clerify

    • Dear Ashfaque 45 years age tak refundable hay aour more than 45 years it is non-refundable.

  4. Tetani

    Required all recent notifications related to govt.Employees specialy education department

  5. Muhammad Qasim

    Graduity & Pension formula required
    i am working as computer operator in Pakistan Railways Multan

  6. Muhammad Asim

    Dear Jitna period advance ap k pass rehy ga otna time ap ko interest bhe tou nhn mely ga. Aik trah say yeh bhe tou ap extra pay kar rhy hain na.

    • ShumailaKamal

      You are right dear Muhammad Asim, it is the policy of “Give & Take”.

  7. Muhammad Shakil Nayyar

    latest and detailed news up dates for about up gradation case

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