Accounts
Deposits
Loans
Wealth & Insure
Payments
Cards

Select language

Popular searches

Product Hom e Loan

Products & Services (12)

Apply Now Product Hom e Loan
Apply Now Product Loan Agaisnt Property - Hom e Loan
Apply Now Product Balance Transfer - Hom e Loan
Apply Now Product Hom e Loan EMI Calculator

Recent searches

Download Form Hom e Loan Application Form
Download Product Loan Agaisnt Property - Hom e Loan
Download Article Benefits of Balance Transfer

Notifications

Average Monthly Balance Calculator

Lorem ipsum dolor sit amet consectetur.

wealth

Overview

Lorem ipsum dolor sit amet consectetur. In ut at etiam sit. Etiam habitant eget pretium purus. Sed tincidunt fermentum elit sit. Dolor enim dui quis ac magna amet dignissim. Sit enim nisl purus nulla nunc ut sed purus. Pharetra gravida fusce sed lacus facilisis suspendisse. Duis tincidunt mi odio vel felis amet eget. Sapien eget amet dolor lectus senectus. Nisi justo risus felis cras aliquam a diam. Phasellus mauris sit aliquam eget vestibulum molestie sit. Vestibulum nulla morbi at elit.

How to use the Average Monthly Balance Calculator

1

Access the calculator

Many banks offer these tools within their mobile apps or internet banking platforms.

2

Enter your monthly data

Input the balance of your account for each day of the month or select the month for which you want to calculate your AMB.

3

Choose your date range

Some calculators allow you to calculate AMB for a specific range, like 30 days or monthly.

4

Calculate and review

Click the ‘Calculate’ button. The tool will calculate your average balance for the month.

5

Check for accuracy

Ensure the MAB calculator counts for all deposits, withdrawals, and your account’s daily balances.

6

Keep a check on your AMB

Regularly monitoring your AMB ensures you stay informed and avoid fees.

1

Access the calculator

Many banks offer these tools within their mobile apps or internet banking platforms.

2

Enter your monthly data

Input the balance of your account for each day of the month or select the month for which you want to calculate your AMB.

3

Choose your date range

Some calculators allow you to calculate AMB for a specific range, like 30 days or monthly.

4

Calculate and review

Click the ‘Calculate’ button. The tool will calculate your average balance for the month.

5

Check for accuracy

Ensure the MAB calculator counts for all deposits, withdrawals, and your account’s daily balances.

6

Keep a check on your AMB

Regularly monitoring your AMB ensures you stay informed and avoid fees.

Average Monthly Balance Calculator

Calculate your required Average Monthly Balance (AMB)

Account type

Required Average Monthly Balance

Month

Year

Enter day wise balances

Account balance on the day selected

Current average balance for the month:

--

To meet your required AMB, please add ₹ XXXXX and maintain ₹XXXXX in your account till month-end

Frequently asked question

How much tax should I pay on my salary in the new regime?

Under the new tax regime, the tax you pay depends on your salary and the applicable income slabs. For instance, if your salary is ₹15 lakhs, you would pay a total tax of ₹1,45,600, including cess, without claiming any deductions or exemptions. You can easily determine your tax liability using the IDFC FIRST Bank income tax calculator, which provides accurate calculations based on the latest tax slabs.

How can I calculate my income tax?

How much tax will be deducted from my salary?

Lorem ipsum dolor sit amet consectetur adipisicing elit.

Lorem ipsum dolor sit amet consectetur adipisicing elit.

Lorem ipsum dolor sit amet consectetur adipisicing elit.

FinFIRST BlogsDeep dive into everything finance

Get in touch with us

ON A MISSION TO BUILD THE WORLD’S MOST
CUSTOMER FRIENDLY BANK