Daily-rest simple interest · full audit trail

Lending, accounted precisely.

Track private loans the way a ledger should work — interest to the day, balances that recompute on every change, and a record both sides can trust.

Principal

₹5,00,000

Rate

10.00%

First interest

₹4,109.59

Closing

₹4,87,975.59

Built around one decision

The schedule is derived, never saved. Everything good follows from that.

Interest accrues on the exact balance for the exact number of days — to the paisa.

The ledger is never stored. Edit a payment from a year ago and every figure re-derives.

Every create, edit and delete is logged with who, when and the before/after values.

Lenders record and adjust. Borrowers get a calm, read-only view of everything.

Part-prepayments cut principal and lower future interest automatically.

Arbitrary-precision money math that ties out exactly to the spreadsheet.