Daily Product Interest Calculator
Create a cooperative-style daily interest statement and print/save it as PDF. Works offline in this HTML file.
Important: BS dates are kept as entered (text). For exact day-by-day accrual, enter the number of days since the previous transaction in “Days accrued”. The calculator accrues interest on the balance held during that interval, using balance × annual rate × days ÷ year basis. Confirm your cooperative’s policy before using this as an official audit statement.
Calculated summary
Transactions
| S.No. | Miti (BS) | Particular / Reference | Deposit (Rs.) | Withdrawal (Rs.) | Days accrued | Balance (Rs.) | Daily interest (Rs.) | Interest for interval (Rs.) | Remove |
|---|
“Days accrued” is the number of days the current balance earns interest before this transaction date. The first row normally uses 0 days; subsequent rows default to 1 day. Adjust it for gaps between dates. Transactions are applied on their row date, so interest for the interval is calculated on the previous balance.
Financial Statement — Daily Product Interest Method
| S.No. | Miti (BS) | Particular / Reference | Deposit (Rs.) | Withdrawal (Rs.) | Balance (Rs.) | Daily Int. (Rs.) | Days | Interval Interest (Rs.) |
|---|---|---|---|---|---|---|---|---|
| GRAND TOTAL | — | — | ||||||
Prepared by: Authorized Signature: ____________________
Calculation basis: Daily product method. Interest = balance × annual rate × days ÷ year basis. This statement is generated from the transaction data entered by the operator.