MaxLife PCHFL Premium Calc app icon

MaxLife PCHFL Premium Calc

Vilva Infotech Private Limited

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Description

Max Life Group Life Secure - Premium calculator mobile application enables the users to compute the premium amount for Mortgage Loan (Reducing and Level Cover). The application accepts the following inputs from the user. • Date of birth of applicant • Loan Amount in Indian Rupees • Interest Rate in % • Loan Tenure in Years • Whether to finance the premium amount or not Based on the inputs gathered from the user the application will compute the premium amount and other details as mentioned below: • Age of borrower in years. • Eligible tenure in years. • Total sum assured in rupees. • Total Premium for Group Credit Life Secure including Service Tax • Tentative EMI