Is the MSME Delayed Payment Calculator free?

Yes. Every tool on MSMETOOLS is free to use without signing up. Create a free account only if you want to save and sync your work.

Calculations run entirely in your browser. Saved items are stored in your Toolbox and are never shared.

Can I download the result?

Yes. Use Download PDF to save a copy of the result, or Copy Result to paste it anywhere.

MSME Delayed Payment Calculator (India)

Calculate interest owed on late payments under the MSMED Act.

Calculate compound interest at three times the RBI bank rate on payments delayed beyond 45 days to Udyam-registered MSMEs.

100% Free Accurate Calculations Updated Regularly No Login Required

Enter Details

Country / Region

Invoice Amount Due (INR)

₹

Days Delayed (beyond 45 days)

RBI Bank Rate

Calculation Result

Applicable Rate (3× bank rate)17.25%

CompoundingMonthly rests (Sec 16, MSMED Act)

Interest Payable₹14,478.32

Total Amount Recoverable₹5,14,478.32

Pro Tip:Calculate interest owed on late payments under the MSMED Act. Save the result to your Toolbox to compare scenarios side by side.

Learn More

How it worksIndia Rules & Regulations

View Full Guide

Understand the key rules, applicable rates and compliance requirements in India.

Calculate interest owed on late payments under the MSMED Act. Save the result to your Toolbox to compare scenarios side by side.

Key Points for India

Buyers must pay MSME suppliers within the agreed period, capped at 45 days (Sec 15, MSMED Act).
Late payments attract compound interest with monthly rests at 3× the RBI bank rate (Sec 16).
Only Udyam-registered micro and small enterprises can claim this protection.
Disputes can be filed on the MSME Samadhaan portal.

Good practice

Re-run the numbers monthly with actuals, not estimates.
Save calculations to your Toolbox to compare scenarios over time.
Share results with your accountant before acting on them.
Pair this tool with related calculators to see the full picture.
Download a PDF for your records.

Read detailed MSME Delayed Payment compliance guide

Best Practices for Businesses

View Industry Guides

Tips to use the MSME Delayed Payment Calculator effectively and avoid common mistakes.

Re-run the numbers monthly with actuals, not estimates.
Save calculations to your Toolbox to compare scenarios over time.
Share results with your accountant before acting on them.
Pair this tool with related calculators to see the full picture.
Download a PDF for your records.

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Common questionsFrequently Asked Questions

Calculate compound interest at three times the RBI bank rate on payments delayed beyond 45 days to Udyam-registered MSMEs. Enter your numbers on the left and the result updates on the right instantly — nothing is sent to a server.

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