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Cash Credit Interest Calculator

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

Inputs

Sanctioned cash credit limit
Calculation Basis (Days in Year)

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.