MSME Interest Calculator

MSMED Act, 2006 — Section 16 · Compound Interest · Monthly Rests

RBI Bank Rate

6.5%

MSME rate: 19.50% p.a.

Overdue Bill Details

Enter details to see how much interest has built up so far

Interest accrued from due date up to this date. Defaults to today.

Track all your MSME payables — free

Save vendors, record bills, auto-calculate interest across the full year. No credit card needed.

Vendor Master

Udyam no., GSTIN, MSME effective date, category.

Bills & Payments

Invoice-wise tracking, partial payments, FIFO settlement.

Interest Dashboard

Partywise summary, aging buckets, overdue alerts.

Section 22 Note

Auto-generated FS disclosure note — auditor-ready.

PDF / Excel Export

Interest worksheet with period-wise compound breakup.

Live RBI Rates

Bank rate auto-synced — no manual updates needed.

Free: 5 vendors · 20 bills · PDF export

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