GoM

HAM Delayed Interest Calculator

Hybrid Annuity Model — Government of Maharashtra  •  Day-wise interest with quarterly compounding
Clause 41.4: Interest for the period of delay = Bank Rate + 4%, accruing on a daily outstanding basis, compounded on quarterly rests. Grace period 30 days unless otherwise specified.

⚙️ Calculation Settings

🧾 Invoices & Payments