Help calculate bank interest? How to calculate bank interest

1) When the term deposit was made on September 11, 08, the interest tax rate was 5% at the semi-annual fixed interest rate at that time, but it was exempted from October 9. To be calculated in segments.

After-tax net interest days from September 11 to October 8.

Interest days from 09/10 to 11/03/09=

Subtotal: 2) Automatically rolled over from 3/11/09 to 11/09/09, when the semi-annual fixed interest rate is day =

3) 09/11/09 to 04/12/09 Calculated as days = according to the current interest rate

Total: Explain two points: a. Divide the annual interest rate by 360 to find the daily interest rate b. Bank deposit interest is not calculated as compound interest.

If it is a formula for calculating bank deposit interest, the formula is: interest = deposit amount deposit time deposit interest rate. If it refers to the formula for calculating the interest on bank loans, the formula is: interest = loan amount loan interest rate loan time.

When calculating the interest rate, the loan interest rate of the bank is generally floated on the central bank's benchmark lending rate, which is:

1. Loans: 1) Short, medium and long-term loans:

1. The interest rate of the loan within one year (inclusive) is;

2. The loan interest rate within one to five years is;

3. The interest rate for loans over five years is.

2) Provident Fund Loans:

1. The interest rate of loans below five years is;

2. The interest rate for loans over five years is.

2. Deposits: 1) Demand Deposits:

The deposit rate is.

2) Fixed Deposits:

1. When the deposit is three months, the annual interest rate is;

2. When the deposit is half a year, the annual interest rate is;

3. When the deposit is for one year, the annual interest rate is;

4. When the deposit is for two years, the annual interest rate is;

5. When the deposit is three years, the annual interest rate is. If it is a formula for calculating bank deposit interest, the formula is: interest = deposit amount deposit time deposit interest rate.

If it refers to the formula for calculating the interest on bank loans, the formula is: interest = loan amount loan interest rate loan time.

When calculating the interest rate, the loan interest rate of the bank is generally floated on the central bank's benchmark lending rate, which is:

1. Loans: 1) Short, medium and long-term loans:

1. The interest rate of the loan within one year (inclusive) is;

2. The loan interest rate within one to five years is;

3. The interest rate for loans over five years is.

2) Provident Fund Loans:

1. The interest rate of loans below five years is;

2. The interest rate for loans over five years is.

2. Deposits: 1) Demand Deposits:

The deposit rate is.

2) Fixed Deposits:

1. When the deposit is three months, the annual interest rate is;

2. When the deposit is half a year, the annual interest rate is;

3. When the deposit is for one year, the annual interest rate is;

4. When the deposit is for two years, the annual interest rate is;

5. When the deposit is three years, the annual interest rate is.

What is the annual interest rate of a bank loan?

Generally speaking, the bank's benchmark lending rate is based on the LPR interest rate, which fluctuates by about 10%. The short-term loan interest rates of major banks are: within one year (including one year), the annual interest rate is; Medium and long-term loans are:

1 to 5 years (including 5 years), the annual interest rate is; The interest rate for long-term loans is: annual interest rate for more than five years.

If it is a provident fund loan, if the loan term is less than five years (including five years), the annual interest rate is; If the loan term is more than five years, the annual interest rate is.

The bank interest rate is the ratio of the amount of interest to the principal over a certain period of time, usually expressed as a percentage, and is called the annual interest rate when calculated on an annual basis. The formula is: interest rate = interest amount principal time 100%.

Generally, the bank interest rate is expressed in the following ways: annual interest rate, monthly interest rate, and daily interest rate according to the measurement term standard.

Mortgage interest calculation.

1. Loan interest: Generally calculated on a monthly basis with compound interest, compound interest means that after each interest-bearing period, the remaining interest must be added to the principal to calculate the interest for the next period. In this way, in each interest-bearing period, the interest of the previous interest-bearing period will become the principal of interest-bearing, that is, to generate interest, which is commonly known as "rolling interest".

There are two types of installment repayment, one is equal principal and interest, and the other is equal principal. Due to the different repayment methods, the monthly loan interest that needs to be paid is also different. However, no matter what kind of loan method you make, there is a uniform standard for calculating bank loan interest.

2. Formula for calculating loan interest:

Daily interest rate (0 000) = annual interest rate (%)360 = monthly interest rate ( ) 30;

Monthly Interest Rate ( ) Annual Interest Rate (%)12;

Loan interest of the current month = remaining principal of the previous month * monthly interest rate of the loan;

Principal repaid in the current month = repayment amount in the current month - loan interest in the current month;

Remaining principal of the previous month = total loan amount - accumulated principal repaid;

So, how exactly is the loan interest calculated? The following is illustrated by a practical example:

For example, the borrower A to XX bank loan of 100,000 yuan, the loan term is 3 years, according to the latest loan interest rate in 2013, the monthly loan interest rate is the current 3-year loan annual interest rate.

The first month's loan interest = 100,000*;

Principal repaid in the first month = repayment amount in the first month (depending on the repayment method);

Remaining principal in the first month = 100,000 - (repayment amount in the first month;

2nd Month Loan Interest = *

The monthly loan interest is calculated and so on until the repayment is completed (the loan is due).

Bank Interest Calculation Method:

1. When the interest-bearing period is a whole year or a full month:

Interest = Principal * Monthly (Yearly) Interest Rate * Number of Months (Years).

2. When calculating interest according to the actual number of days the principal is occupied:

Interest = Principal * Daily Interest Rate * Number of Days.

3. When the interest-bearing period is a whole year or a whole month and there are a fraction of days:

Interest = Principal * Monthly (Yearly) Interest Rate * Number of Months (Years) + Principal * Daily Interest Rate * Fractional Days.

Clause. 1. The basic formula for calculating interest. The basic formula for calculating the interest on a savings deposit is: interest = principal x tenor x interest rate.

Clause. 2. The conversion of interest rates, in which the conversion relationship between annual interest rate, monthly interest rate and daily interest rate is: annual interest rate = monthly interest rate x 12 (month) = daily interest rate x 360 (days); Monthly Interest Rate = Annual Interest Rate + 12 (Month) = Daily Interest Rate x 30 (Days); Daily interest rate = annual interest rate + 360 (days) = monthly interest rate + 30 (days), in addition, the use of interest rate should be consistent with the deposit period.

According to this formula, you can know the interest of the bank.

Clause.

1. Interest rates. Interest rate, as everyone should know, refers to the ratio of the amount of interest to the amount of borrowed funds, that is, the principal, in a certain period of time. Interest rates are expressed in the following ways: annual interest rate, monthly interest rate, and daily interest rate according to the term standard of measurement. The annual interest rate is expressed as a percentage, the monthly interest rate is expressed as a thousandth, and the daily interest rate is expressed as a thousandth.

For example, the annual interest rate of 9% is written as 9%, which means that the interest rate for every 100 yuan deposit is 9 yuan for one year; The monthly interest rate of 6% is written as 6, that is, the monthly interest rate for every 1,000 yuan deposit is 6 yuan; The daily interest rate is 1 percent and 5 millimeters, that is, the daily interest of 10,000 yuan and 5 jiao per 10,000 yuan deposit. The conversion formula is:

Annual interest rate 12 = monthly interest rate; Monthly interest rate 30 = daily interest rate; Annual interest rate 360 = daily interest rate.

Clause. 2. Interest.

According to the nature of the bank's business, it can be divided into two types: bank interest receivable and bank interest payable.

Interest receivable refers to the remuneration that the bank receives from the borrower for lending funds to the borrower; It is the price that the borrower must pay to use the money; It is also a part of the bank's profits.

Interest payable refers to the remuneration paid by the bank to the depositor for absorbing the deposit; It is the price that the bank has to pay to absorb the deposit and is part of the bank's cost.

Due to the different types of deposits, the specific interest calculation method is also different, but the basic formula for interest calculation remains the same. The formula is: Interest = Principal * Interest Rate * Time.

1. The method of calculating the number of overdue days: number of overdue days = (withdrawal year - maturity year) 360 + withdrawal month and number of days - maturity month and number of days.

2. How to calculate interest:

a.100 yuan base interest method. It is applicable to the calculation of interest on fixed deposit and lump sum withdrawal, and demand certificate of deposit savings.

b.Accumulation of interest. It is applicable to the calculation of interest on the lump sum deposit, and can also be used to calculate the interest on the current passbook.

c.Surplus interest calculation method. It is applicable to the calculation of savings interest on current passbooks.

Bank interest varies slightly from bank to bank, depending on how much you borrow and how many years you borrow.

The calculation of bank interest is as follows:

1. The basic formula for calculating interest, the basic formula for calculating interest on savings deposits is: interest = principal deposit interest rate;

2. The conversion of interest rates, in which the conversion relationship between annual interest rate, monthly interest rate and daily interest rate is: annual interest rate = monthly interest rate 12 (month) = daily interest rate 360 (days); Monthly interest rate = annual interest rate 12 (month) = daily interest rate 30 (days); Daily interest rate = annual interest rate + 360 (days) = monthly interest rate + 30 (days), in addition, the use of interest rate should be consistent with the deposit period.

3. The starting point of interest calculation in the interest calculation formula:

1) The interest amount is rounded to the nearest cent, and the actual payment will be rounded to the nearest cent;

2) Except for the annual settlement of current savings, which can transfer interest to the principal to earn interest, all other savings deposits, regardless of the deposit period, will be paid off with the principal at the time of withdrawal, without compound interest;

For demand deposits and loans, interest is calculated based on the actual number of days of deposits or loans. If the bank interest rate is adjusted, the interest on deposits and loans will be calculated in stages, and the bank will calculate it separately according to each period of time and interest rate, and then add it up.

Categories: Business Banking >> Banking.

Problem description: For example, I have deposited a lump sum deposit in the bank for one year, and the annual interest rate is 18,000 yuan.

If Zhipinzhou calculates according to this pattern, then the interest should be 18,000 * yuan, but the interest given by the bank is yuan, how is this calculated, and how is it so far away from my calculation?

In the end, the 20% tax rate was deducted, and only yuan was left.

Analysis: 1) The bank settles interest on June 30 of each year.

2) The bank calculates the interest as 360 days a year, and the calculation and storage date is "the beginning and not the end".

3) It is an annual interest rate, which is converted into a daily interest rate, which is 10,000 percent.

4) The number of days from the deposit period to the withdrawal date of each deposit is multiplied by the daily interest rate, which is the interest, unless the account is closed, otherwise it will be accumulated on June 30 of each year.

I am a bank clerk, and now I am working hard to earn points, and the reward can answer my father's ** prawns, so you are welcome to ask me more questions about the bank, and you are welcome to point out that I am in Shanghai to do personal credit business.

Calculating interest twice a year is equivalent to calculating compound interest, and the cycle is half a year, and the interest of half a year will be added to the principal to calculate the interest for the second half of the year.

If the annual interest rate is 10% and the deposit is 100 yuan, the interest will be calculated once a year, and the interest will be 10 yuan. Calculated twice a year, half a year is once, the annual interest rate is 10%, half a year is 5%, half a year of interest is 5 yuan, half a year after the interest is added to the principal is 105 yuan, and then according to the principal of 105 yuan half a year interest rate of 5% to calculate the interest is yuan.

In this way, the interest of 100 yuan for one year is yuan, and the interest calculation is not so much, only 10 yuan.

The interest rate of savings deposits is uniformly stipulated by the state and announced by the People's Bank of China. Interest rate, also known as interest rate, is the ratio of interest to principal within a certain date, which is generally divided into three types: annual interest rate, monthly interest rate, and daily interest rate. The annual interest rate is expressed as a percentage, the monthly interest rate is expressed in thousandths, and the daily interest rate is expressed in thousandths.

For example, the annual interest rate of 9% is written as 9%, that is, the interest rate of every 1,000 yuan deposit is 90 yuan, and the monthly interest rate of 6% is written as 6, that is, the monthly interest rate of every 1,000 yuan deposit is 6 yuan, and the daily interest rate of 1 percent and 5 millimeters is written as, that is, the daily interest rate of 1 yuan and 5 jiao per 1,000 yuan deposit, and the monthly interest rate of China savings deposit is listed.

For the convenience of interest calculation, the three interest rates can be converted, and the conversion formula is: annual interest rate 12 = monthly interest rate; Monthly interest rate 30 = daily interest rate; Annual interest rate 360 = daily interest rate.

Interest rate = interest principal * 100%.

The bank interest rate, also known as the interest rate, indicates the ratio of interest to principal over a certain period of time, expressed as a percentage. Generally speaking, interest rates are expressed in the following ways: annual interest rate, monthly interest rate, and daily interest rate according to the term standard of measurement.

According to the economic relationship on which the interest rate depends, the interest rate can be divided into the deposit interest rate and the loan interest rate.

From the borrower's point of view, the interest rate is the unit cost of the capital used, which is paid by the borrower to the lender using the lender's monetary capital**; From the lender's point of view, the interest rate is the rate of return that the lender receives for lending money capital. If i is used to represent the interest rate, i is used to represent the interest amount, and p is used to represent the principal, then the interest rate can be expressed by the formula: i = i p.

Summary. Dear, <>

I am glad to answer for you, how to calculate bank interest: the calculation method of bank deposit interest is: the basic formula for calculating savings deposit interest is:

1.Interest = Principal Tenor Interest Rate; 2.Annual interest rate = monthly interest rate 12 (month) = daily interest rate 360 (days); 3.

Monthly interest rate = annual interest rate 12 (month) = daily interest rate 30 (days); 4.Daily interest rate = annual interest rate 360 (days) = monthly interest rate 30 (days).

How to calculate bank interest

Dear, <>

I am glad to answer for you, how to calculate bank interest: the calculation method of bank deposit interest is: the basic formula for calculating savings deposit interest is:

1.Interest = Principal Tenor Interest Rate; 2.Annual interest rate = monthly interest rate 12 (month) = daily interest rate 360 (days); 3.

Monthly interest rate = annual interest rate 12 (month) = daily interest rate 30 (days); 4.Daily interest rate = annual interest rate 360 (days) = monthly interest rate 30 (days).

Pro<> Interest is the remuneration that the owner of the currency receives from the borrower for issuing the monetary funds, and it is also the price that the borrower must pay for the use of the monetary funds. Interest is essentially a part of the profit and is a special form of transformation of the profit.