Refund & Interest Calculator

Consumer order dated 12.05.2026 · OP-1 & OP-2 liable jointly & severally

Set the dates

Payment / valuation date

The date you want the figure calculated up to.

Certified copy received by builder (optional)

30-day window runs from here. Leave blank if not yet served / still within window.

Day-count basis

Simple interest, non-compounding.

Default date (auto = certified copy + 30 days)

Penal 3% / 12% on compensation starts after this date.

Total payable by builder

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Within 30-day window

A. Refund — interest on each deposit @ 12% (15% after default)

Deposit	Amount (₹)	Days	Interest 12%	Penal 3%	Sub-total

B. Compensation & litigation (12% only if paid after default)

Grand total

Notes & assumptions

• Interest is simple (not compounded) and computed separately on each of the 9 deposits from its own date of payment, as the order says "from the respective dates of deposits onwards".
• The ₹15,00,000 HDFC payment (25.02.2022) is part of the ₹70,28,070 refund and earns the same 12%. Note para 25: HDFC has first charge on the amount payable to that extent — so part of the refund may route to the bank.
• Penal interest: if the builder does not pay within 30 days of receiving the certified copy, the refund carries 15% (12% + 3%) from the default date, and the ₹75,000 & ₹35,000 start carrying 12% from the default date.
• This is an arithmetic estimate to help you, not legal or financial advice. The exact figure allowed in execution can vary with the court's own day-count and interpretation — get it confirmed by your advocate before filing execution.