Freelance tools
Late Payment Interest Calculator
Calculate interest owed on an overdue client payment.
₹
days
%
Under the MSME Act, if you're Udyam-registered and the client agreed to (or exceeded) a 45-day payment term, you may be entitled to compound interest at 3× the RBI bank rate — check current rules for your exact entitlement.
Total now owed
₹50,739.73
Interest accrued₹739.73