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

  1. chasekh says:


    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


  2. Tanin says:

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

    anyway thanks

  3. Santosh says:

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

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