Clients delay payments, while counterparties do not return debts? By law, you have the right to recover interest for the use of your funds. Independent calculation is a complex task: the key rate of the Central Bank changes, and the slightest mistake can lead to problems in court.
What is Article 395 of the Civil Code of the Russian Federation in simple terms?
The essence of the article can be summed up in one sentence: this is a legal compensation for the fact that your money was unlawfully withheld.
| Interest under Article 395 of the Civil Code of the Russian Federation | Penalty (fines) |
| Accrue by law, even if not specified in the contract | Accrue only based on the contract |
How to use the calculator: step-by-step instructions
Let's break it down with an example: the company was supposed to pay 150,000 rubles on March 1, but transferred the money only on May 20.
- Debt amount - enter the exact amount of the principal debt
- Delay period - start date (next day after the violation) and end date (actual payment day)
- Central Bank key rate - the calculator will automatically divide the term into periods
Calculation formula and example
Debt amount * Rate (%) / 365 * Number of days
Example: 100,000 rubles * 16% / 365 * 31 days = 1,359.72 rubles
Questions and Answers (FAQ)
What is the difference between interest under Article 395 of the Civil Code of the Russian Federation and penalty?
Penalty is a contractual fine. Interest under Article 395 is a compensation established by law, your right that applies even without mention in the contract.
Can penalties be calculated under Article 395 of the Civil Code of the Russian Federation?
Legally, these are interest, not penalties. But in practice, this request often refers to the calculation under Article 395. Our calculator is designed for this purpose.
Which calculator is more reliable?
Our algorithm takes into account all requirements of arbitration practice. Such calculation will not raise questions in any court.
Conclusion
Accurate calculation is a powerful tool for recovery. Do not take risks: manual methods are outdated. Our calculator guarantees accuracy, considers all changes in Central Bank rates, and provides a ready result for the court.