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Cash Credit Interest Calculator

Calculate interest on cash credit / overdraft facilities used by MSMEs and traders.

Inputs

Credit Limit (₹) Sanctioned cash credit limit

Outstanding Amount (₹)

Annual Interest Rate (%)

Number of Days

Calculation Basis (Days in Year)

360 365 366

Results

Credit Utilization —

Unused Limit —

Daily Interest —

Monthly Interest (30 days) —

Quarterly Interest (90 days) —

Half-Yearly Interest (180 days) —

Annual Interest —

Interest Payable (for selected days) —

Total Amount (Principal + Interest) —

Note: Interest is calculated on the outstanding amount using the formula: (Outstanding × Rate × Days) / (Basis × 100). Banks may use slightly different conventions. This tool is for estimation purposes only.