How to calculate interest on GPF
Month
|
Subscription
|
Refund
|
Withdrawal
|
Progressive Balance
|
Interest for Year
|
Apr-12
|
5,000
|
–
|
–
|
5,000
|
–
|
May-12
|
5,000
|
–
|
–
|
10,000
|
–
|
Jun-12
|
5,000
|
–
|
–
|
15,000
|
–
|
Jul-12
|
5,000
|
–
|
–
|
20,000
|
–
|
Aug-12
|
5,000
|
–
|
–
|
25,000
|
–
|
Sep-12
|
5,000
|
–
|
–
|
30,000
|
–
|
Oct-12
|
5,000
|
–
|
–
|
35,000
|
–
|
Nov-12
|
5,000
|
–
|
–
|
40,000
|
–
|
Dec-12
|
5,000
|
–
|
–
|
45,000
|
–
|
Jan-13
|
5,000
|
–
|
–
|
50,000
|
–
|
Feb-13
|
5,000
|
–
|
–
|
55,000
|
–
|
Mar-13
|
5,000
|
–
|
–
|
60,000
|
–
|
60,000
|
–
|
–
|
3,90,000
|
2860
|
Month
|
Subscription
|
Refund
|
Withdrawal
|
Progressive Balance
|
Interest for Year
|
Apr-12
|
10,000
|
–
|
–
|
1,90,000
|
–
|
May-12
|
10,000
|
–
|
–
|
2,00,000
|
–
|
Jun-12
|
10,000
|
–
|
–
|
2,10,000
|
–
|
Jul-12
|
10,000
|
–
|
–
|
2,20,000
|
–
|
Aug-12
|
10,000
|
–
|
–
|
2,30,000
|
–
|
Sep-12
|
10,000
|
–
|
–
|
2,40,000
|
–
|
Oct-12
|
10,000
|
–
|
–
|
2,50,000
|
–
|
Nov-12
|
10,000
|
–
|
1,80,000
|
80,000
|
–
|
Dec-12
|
10,000
|
–
|
–
|
90,000
|
–
|
Jan-13
|
10,000
|
–
|
–
|
1,00,000
|
–
|
Feb-13
|
10,000
|
–
|
–
|
1,10,000
|
–
|
Mar-13
|
10,000
|
–
|
–
|
1,20,000
|
–
|
1,20,000
|
–
|
1,80,000
|
20,40,000
|
14,960
|
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