Village Interest Calculator

JMK Easy Apps

About this app

This app offers following features
1. Simple interest
2. Compound interest
3. Calculating interest by
a. Interest in Rupees per 100 per month
b. Percentage of interest annually
4. Save the record for future reference (Records calculates interest for today’s date automatically)
5. Interim Payments (Add in-between payments)
6. Application can be used in English, తెలుగు, தமிழ், हिंदी, ಕನ್ನಡ and മലയാളം
7. Dates are with indicated with Month names, and easy to pick
8. Application support PDF export
9. 100% Free application

Interest calculation features are:
• You can calculate the interest for the money which was given to your friends or relatives at village style (Like, 1-rupee interest for one month per 100).
• You can easily switch from Simple interest to compound interest.
• Application will help you to make the amount rounded for convenience purpose, if you need you can also enable for the fraction values.
• You can save any record for reference purpose. - All Saved Records are Dynamic (Up to today’s Date) all calculation will happened to today dates automatically
• You can share the calculated record with any one.
• At the time of Compound interest, you can also make compound interest exemption for the last year months and days.

Example: if total time duration is 2 years 3 months 4 days, by enabling compound exemption app will calculate compound interest up to 2 years, remaining 3 months and 4 days interest will be calculated on basis of 2-year interest rate
• Now you and add in between payments (Interim Payments) application will calculate the interest for the remaining amount from that day automatically
• You can Generate PDF file for selected records and share the PDF
• Interim payment records will not appear in PDF file


APP User FEATURES:
• Clear interface and easy to use
• App works on Phones & Tablets
• Calculates does not require any time
• Application is light weight and it loads super-fast
• This application does not require any of your personal information with in the app.
• Application supports English, తెలుగు, தமிழ் , हिंदी, ಕನ್ನಡ and മലയാളം languages


DISCLAIMER:
** Application calculation was implemented based on the village interest calculations based on our personal understanding only, it does not consider any of bank or any other financial institution calculations. It may not suite for some of your personal and customize calculations.

** PDF features might not support in some devices


** Kindly consider this calculator for guidance only, we are not responsible for any loss or high interest pays based on the calculations based on the app.

Ratings and reviews

Hi, I have scenario like.. I have taken a loan from bank with interest rate 7% per year.. We have to pay this loan within a year... If we don't pay the loan within the year the interest rate will be 11% for the all time period so based on the time period the interest rate will be changed... Please update the app with this kind of feature... Thank you..

Very nice app. Can you add a feature wherein if enabled, the extra days are also rounded up for one month. I mean to say if interest needs to be calculated betwen 15-3-23 to 20-2-24, generally it calculates 11 months n 5 days, but it should calculate it as 12 months only. Please do the needful.

Looks Addition fuctionality in "saved records" is not giving the correct results .. I could see wrong calculation is displaying in 'Grand Total' field ..this happen with latest update. Kindly verify and correct it. Overall the application is good.

What’s new

Bug fixes and performance improvements