Excel formula

=IF(LEFT(RIGHT(F3,7),1)="P","IND",(IF(LEFT(RIGHT(F3,7),1)="H","HUF","OTHER")))

please check , and let me know of any modification req

Thank You Mayur Ji

Can You explain me this formula, so that formula can be made more wide

so that I not need to distrub you again and again

can you give me your contact No.

Mayur Ji Formula Further Modified Thanks for the help

Thanks Lot Once Again

Welcome Gopal ji. 

=IF(LEFT(RIGHT(F6,7),1)="P","IND",(IF(LEFT(RIGHT(F6,7),1)="H","HUF",(IF(LEFT(RIGHT(F6,7),1)="C","COMPANY",IF(LEFT(RIGHT(F6,7),1)="T","TRUST",(IF(LEFT(RIGHT(F6,7),1)="F","FIRM","OTHER"))))))))

One moe simple formula to find 4th character

=MID(A1,4,1)

Thank you