Car Insurance Calculation sheet

Car Insurance Value: Rs 320400 * 3.283% (Insurance Multipication Factor)

= Rs 10514

subtract 40% discount by reliance insurance company

equals Rs 6311

subrtract 25% as no claim bonus

equals Rs 4733

add (800+100+25).. i forgot the details

equals Rs 5658

add 10.3% servive tax

equals Rs 6241

This is the final Insurance Premium to pay

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