Bank Rate is aligned with the RBI Marginal Standing Facility (MSF) rate. The applicable rate for each day of delay is picked automatically from the schedule below (rate effective on or before that day). Values below were last verified in July 2026; verify against RBI before use for a live claim.
| Effective Date | Bank Rate (%) |
|---|
Prepare invoice and payment data in the template and upload it to populate the calculator. Use one row per payment: put the invoice details (Ref, Date, Amount, Grace) on the first row of each invoice, then for further payments of the same invoice leave the invoice columns blank (or repeat the same Invoice Ref) and fill only Payment Date and Payment Amount. An invoice with no payment yet: fill invoice columns, leave payment columns blank.
| Invoice Ref | Invoice Date | Invoice Amount | Grace Days | Payment Date | Payment Amount |
|---|---|---|---|---|---|
| RA-05 | 10-01-2025 | 1,50,00,000 | 30 | 15-05-2025 | 60,00,000 |
| 20-09-2025 | 60,00,000 | ||||
| RA-06 | 01-03-2025 | 80,00,000 | 30 | 31-07-2025 | 80,00,000 |
| RA-07 | 15-02-2025 | 50,00,000 | 30 | (unpaid) |