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Overdraft interest calculator

Estimate interest on an unchanged balance over a chosen period.

Enter your details (BDT)

Dates

End dates follow the entered term; month-end dates use the last valid day. Dates do not change the interest calculation or adjust for bank holidays.

Your estimate

Estimated interestBDT 9,863.01
Balance plus interest
BDT 509,863.01
Daily interest
BDT 328.77

Results update as you change the numbers.

Sample inputs. Enter your own rates and fees. See assumptions below.

Formula, example & assumptions

Behind the answer

How it works

Interest = balance × annual rate ÷ 100 × days ÷ day-count basis.

Interest = balance × annual rate ÷ 100 × days ÷ day-count basis.

A worked example

10,000 at 24% for 30 days on a 360-day basis incurs 200 interest.