The MSME Interest Calculator helps small and medium enterprises (SMEs) in India calculate the interest due on delayed payments from buyers. It follows the rules laid down in the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006.
Enter your Invoice Date
Enter your Due Date
Enter Payment Date
Enter Invoice Amount
Click on Calculate
Q1. Is this calculator free to use?
Yes, 100% free and no login is needed.
Q2. Is the interest calculation accurate?
Yes, it uses RBI’s current bank rate multiplied by 3, as per MSMED Act.
Q3. Can I use this report in court?
Yes. The PDF generated can be submitted along with your claim documents.
Q4. Can this be used for multiple invoices?
Yes, you can calculate separately for each invoice.
Enter your invoice details below and get your free MSME interest report instantly.