3 Responses to How to calculate quarterly average balance for Indian banks

  1. chasekh says:

    thanks

    but i think the formula should be

    (((15000*10)+ (10000*21)+( 26000*12)+ (4000*16)+ (50000*15)+ (200*16))/ (31+28+31)) = 16546.67

    thanks again

    bye

  2. Tanin says:

    thanks,
    I think Mr. Chasekh says right.
    the amount (15000*10) not (15000*100)

    anyway thanks
    Tanin

  3. Santosh says:

    Thanks, this is the info I am looking for..

Leave a Reply

Your email address will not be published. Required fields are marked *

You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>