Calculate your daily, monthly and total Cash Credit (CC) interest based on your outstanding balance, annual interest rate and number of days.
Check your LTV, safety buffer and estimated risk if gold prices fall.
Free ToolThis estimates how your LTV could change if the applicable gold valuation falls.
| Scenario | Collateral Value | LTV | Estimated Status |
|---|
This calculator provides an educational estimate only. A lender may use its own valuation method, net gold weight, outstanding balance calculation, LTV rules and loan agreement terms. A result showing a potential shortfall does not itself mean that a lender will issue a margin call.
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.