Loan Calculator For SHG

Loan Calculator For SHG is the perfect tool for tracking personal loans, informal lending (Udhar), and managing finances for Self-Help Groups (SHGs). Whether you are lending money to a friend, borrowing for your business, or calculating monthly contributions for your SHG, this app takes the headache out of manual interest calculations. Unlike standard EMI calculators, our app allows you to track custom monthly payments for both principal and interest, giving you complete control over your loan records. ✨ Key Features: 🔹 Simple & Compound Interest: Calculate both types of interest accurately based on your specific agreement. 🔹 Flexible Interest Rates: Easily switch between Monthly (% per month) and Yearly interest rates. 🔹 Custom Repayment Tracking: Enter the exact amount of Principal and Interest paid each month to see how it affects your outstanding balance. 🔹 Detailed Monthly Breakdown: Generate a clear, row-by-row table showing your month, interest generated, principal paid, and remaining balance. 🔹 Instant Summary: View your Total Pending Interest and Total Outstanding Amount at a glance in a clean, easy-to-read summary card. 🔹 SHG Friendly: Custom-built to handle the unique lending and borrowing structures of Self-Help Groups. 🔹 100% Offline & Secure: No internet connection is required. All your calculations stay safely on your device. 👥 Who is this app for? Self-Help Groups (SHGs): Easily calculate member loans and monthly interest. Small Business Owners: Keep track of money lent to customers or borrowed from suppliers. Individuals: Manage personal "Udhar" given to friends or family without any confusion. Accountants & Finance Managers: Quickly run complex loan scenarios with partial payments. Stop relying on confusing spreadsheets or manual notebook calculations. Get accurate numbers in seconds! 🚀 Download the Loan Calculator For SHG today and take control of your lending and borrowing!