Loan Amount & Schedule
Rs.
e.g. 2 + Monthly = every 2 months.
Interest Rate
% / year
Whatever style you enter, the calculator converts it to the correct per-period rate automatically.
Grace & Fees
Number of interest-only installments before regular repayments begin.
Annual rate applied only during grace installments.
Rs.
Dates
Tick a day to shift any repayment/grace due date that lands on it forward to the next day that isn't ticked. The repayment interval itself never drifts because of this — only the displayed due date shifts, so future installments are still spaced correctly.
Fill in the loan details on the left and click Calculate Schedule to preview the amortization schedule.
Overdraft / Demand loans have no fixed installment schedule in this system — in production, interest is accrued automatically every month on the outstanding balance. The frequency selector below lets you project interest daily, weekly, or monthly for comparison purposes. The projection is illustrative only: it assumes the outstanding balance stays constant across the projected periods, which will not be true once real disbursements and repayments happen.
Overdraft Terms
Rs.
Rs.
This is treated as constant for the whole projection.
How often interest is projected to be charged on the balance.
% / year
Whatever style you enter, the calculator converts it to the correct per-period rate automatically.
Interest will be projected once per month, at the per-month rate derived from the annual rate.
Enter an assumed outstanding balance and rate, then click Project Interest to see a month-by-month illustration.