RERA Delay Interest Calculator — Home Buyer

RERA: If a developer fails to complete the project by the agreed date, the home buyer is entitled to interest at MCLR+1% on amounts paid, from the date of default to the date of completion or refund.

Agreed Date of Completion

Current Date

Amount Paid till Completion Date (₹) Excluding stamp duty, registration & taxes

MCLR Rate (%)

Amount Paid After Completion Date (₹) Excluding taxes & registration

Date of Payment (for above amount)

Delay Interest Working (₹)

Description	Amount (₹)	Days	Rate	Interest (₹)