AMB (Average Monthly Balance) calculator
Use our AMB (Average Monthly Balance) calculator to calculate the amount of average balance required to be maintained in your Resident SB / NRE / NRO account.
To use the calculator, please follow the steps given below:
- Select your account Scheme. AMB(Average Monthly Balance) required for the scheme will be displayed on screen.
- Select a date and Enter the balance amount for that day (end of day balance). Repeat this for all dates of the month on which transactions have been made. Days having same closing balance should be combinely selected.
- In the account summary, you will be able to see the details of inputs provided by you. Click "Calculate" button.
- Calculator will display existing average balance for the month as well as average balance to be maintained in the remaining days of the month