Payday Loan Calculator

Calculate your daily interest, processing charges, GST and total repayment amount for payday loans. View a complete day-wise repayment schedule including penal interest after the loan tenure ends.

Loan Details

Enter loan details to calculate repayment.

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Use start/end dates or tenure days.
Processing Fee Amount: ₹0.00
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Your calculation will appear here

Enter your principal amount, daily interest, date or tenure, processing fee and GST details to generate a complete day-wise repayment schedule.

How this payday loan calculator works

This calculator estimates repayment for a short-term payday loan by using the principal amount, daily interest rate, processing fee percentage and GST. It also builds a daily schedule so you can see how interest increases during the selected tenure.

If repayment goes beyond the selected loan tenure, the penal interest schedule shows the next 10 days with regular interest and penal interest added cumulatively.

Responsible borrowing tips

  • Borrow only what you need for the immediate requirement.
  • Check total payable amount before accepting any offer.
  • Keep repayment aligned with your expected salary date.
  • Avoid extending repayment because penal charges can increase the cost.