*If you liked it then please provide feedback with your experience. And also if you find any glitch or give any suggestions, then also report with us. We will love to hear that both.

After opening the calculation page, Just follow those steps

- The default values are already entered.
- Change the value as per your need from the following fields "Investment Amount", and "Interest Rate".
- The system will automatically calculate "Monthly Payout" amount.

To calculate monthly interest you only need two variable one is principal amount and the other one is mis interest rate. After that, Here is it how?

Hold,

P | Principal Amount |

R | Interest Rate |

**Formula = **

Monthly Interest = (P * R / 12) / 100;

**Result = **

Monthly Interest = (10000 * 7 / 12) / 100; = 58

MIS calculator comes with lots of features. In our tools, we implement all the possible features that can be implementable. Here are the features are

- Simple Design, Easy to Use, and Free
- Automatic Calculaton
- Monthly Interest - How much money you will get on a monthly basis.
- Formula with Example

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