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

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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

 

 

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12 thoughts on “How to Calculate GP Fund Advance Interest Amount in MS Excel Sheet

  1. 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

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  2. 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.

    Reply

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