Udhar Calculator

Calculate interest on credit (udhar) given. Enter principal, rate, and days to get total due.

Amount given on credit (udhar)

Common: 1–2% per month for udhar

Number of days the amount has been outstanding

Simple interest: Interest = Principal × (Rate ÷ 100) × (Days ÷ 30). Total due = Principal + Interest. Many shops charge 1–2% per month on udhar. Adjust based on your local practice.

This is for estimation only. Actual terms depend on your agreement with the customer.

How to use

  1. Enter principal (amount given on credit).
  2. Enter interest rate per month (e.g. 2 for 2%).
  3. Enter number of months overdue.
  4. Get total interest and amount due.

Formula

Simple Interest = Principal × (Rate ÷ 100) × Time. For monthly: Interest = P × (r/100) × months.

Most kirana udhar uses simple interest. Agree rate and repayment terms in advance.

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FAQs

How to calculate udhar interest?
Simple: Interest = Principal × Rate × Time. E.g. ₹10,000 at 2% per month for 3 months = ₹600 interest.
What interest rate for udhar?
Kirana stores often charge 1–3% per month or waive for short periods. Must be clearly agreed with customer.
Simple vs compound interest on udhar?
Simple: interest only on principal. Compound: interest on interest. Most udhar books use simple for fairness.
How to track customer udhar?
Use a ledger—date, amount, balance. Stockkeeper app helps track udhar digitally with reminders.

Embed this calculator

Add this Udhar Calculator to your blog or website. Copy the code below:

<iframe src="https://stockkeeper.in/tools/udhar-calculator?embed=1" width="400" height="480" loading="lazy" title="Udhar Calculator"></iframe>

Adjust width and height as needed. Free to embed with link back to Stockkeeper.

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