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Average bank balance calculator

Paste balances to get the average, the low and high, and how the proposed EMI compares. Use made-up figures only.

CalculatorRuns in your browser

Indicative only. Verify against your institution's policy. Nothing you type into the calculator leaves this page.

Your figures

Result

Enter figures, or load the made-up example, to see results.

Keep this result

Get your inputs, results and the formulas as a spreadsheet you can attach to a credit note. Your figures stay on this page: only your name and email are sent.

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Formulas used

ABB = sum of balances / number of balances

EMI to ABB = proposed EMI / ABB

Worked example, made-up numbers

Nine sample balances averaging 2,16,667, and an EMI of 25,000, give an EMI to ABB of 11.5%.

Assumptions

  • You choose the sample dates. Conventions vary by institution.
  • ABB alone proves little, since a balance can be arranged. Check bounces and credit sources too.
  • Do not paste real customer statements.