Calculate your daily, monthly and total Cash Credit (CC) interest based on your outstanding balance, annual interest rate and number of days.
Plan Your Loan Smartly Before You Borrow
Free ToolUses values from the EMI tab. Click Calculate.
Month-wise schedule appears below after Calculate. Use search and pagination on the table.
Loan A
Loan B
* Interest + processing fee + insurance.
| Month | Opening | Principal | Interest | Closing |
|---|
Equated Monthly Instalment — fixed monthly payment covering interest and principal under a reducing-balance loan.
Interest is charged on the outstanding principal, so the interest portion falls over time.
Fixed rates stay constant; floating rates move with the lender’s benchmark — EMI or tenure may change.
Ignoring fees, stretching tenure only to lower EMI, and not stress-testing affordability.
Using the standard reducing-balance formula with monthly rate and number of months.
Usually yes for fixed-rate reducing-balance loans; floating loans may change.
Sum of all interest portions across the schedule.
Yes for true cost of borrowing, even if not part of EMI.
Usually yes on reducing-balance loans if allowed without heavy charges.
Both help; monthly extras compound the effect over time.
Often lenders prefer total EMIs under ~40–50% of income; tighter is safer.
Less interest, higher EMI — match to cash flow.
Same formula; rates, security and tax treatment differ.
Yes — for learning loan maths and planning.
Estimate only; lender systems may round differently.
Month-by-month split of principal and interest.
Compare total interest and total outflow, not only EMI.
EMI or tenure can rise if benchmarks rise.
Include if mandatory or paid upfront with the loan.
Interest may still accrue — not modelled in this basic tool.
Apply after that month’s EMI in this planner.
CSV export of the amortization schedule.
Early EMIs are mostly interest on a large outstanding principal.
Based on residual income after expenses and existing EMIs vs proposed EMI.
Disclaimer: This calculator provides estimated EMI values for planning purposes only. Actual EMI, processing fees, taxes and repayment schedules may vary depending on the lender's policies.
Cash Credit interest is the interest charged by a bank on the amount actually utilized from a sanctioned Cash Credit facility. Interest is generally calculated on the outstanding amount rather than the entire sanctioned limit.
Cash Credit interest can generally be estimated using:
Interest = (Outstanding Amount × Annual Interest Rate × Number of Days) ÷ (Days in Year × 100)
Banks may use different calculation conventions depending on their terms and policies.
Generally, interest is charged on the utilized or outstanding amount rather than the entire sanctioned limit, subject to the terms of the lending bank and facility.
Cash Credit is generally a working-capital facility provided to businesses, while an overdraft facility allows borrowing beyond the available account balance under agreed terms. Specific features vary by bank and facility.
Yes. Enter your outstanding amount, annual interest rate and number of days in the calculator to estimate the interest payable.
This calculator provides an estimated Cash Credit (CC) interest calculation for informational purposes only. Actual interest charged by your bank may vary based on the applicable interest rate, daily outstanding balance, compounding method, penal interest, fees and your loan agreement. Always verify the final interest amount with your bank or financial institution.
For official information on banking and working-capital credit, refer to:
RBI guidance confirms that banks may structure and price working-capital facilities according to applicable regulations and their lending policies. Always check your bank’s latest terms and sanction letter for the exact interest calculation method.