N.K.Assumi (Advocate) 14 August 2009
Dear Hon'ble Members, In a motor accident claim case the Tribunal award Rs.300000/- (Rs.three lakh only) with interest of 8% from the date of institution of the case, that is 5 years. Can some of you help me how to work out the total interest of 5 years at 8 %? Thanking you all in advance.
Pankaj Rai (Lawyer) 15 August 2009
Dear,You may calculatate 8% simple interest per annum on awarded amount 300000/- from filling of petition till its realization
Shree. ( Advocate.) 15 August 2009
Dear Assumi Sir,
Click the below Link to Simple Interest Calculator:
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