Question 1

how is article 395 interest calculated

Accepted Answer

The debt is multiplied by the Bank of Russia key rate and by the number of days of delay, then divided by the number of days in the year — 365 or 366. If the rate changed, the period is split by rate and the interest for each part is added up. The calculator does this itself, shows the formula of every row and rounds the total to kopecks once, at the end.

Question 2

from which day does interest accrue

Accepted Answer

From the day after the day the debt had to be paid: if payment was due on 31 December, the first day of delay is 1 January. If the last day of the term fell on a weekend or a public holiday, the term moves to the next working day (Article 193 of the Civil Code). The calculator checks the Russian work calendar and offers the shift itself.

Question 3

how do i account for a partial payment

Accepted Answer

Add a payment row with its date and amount: from the next day interest is charged on the reduced debt, and a new row starts in the table. New unpaid amounts — deliveries, invoices, acts — are added as a debt increase with the date they were due. The list can be pasted from Excel: a date and an amount separated by a tab or a semicolon.

Question 4

is interest charged for the 2022 moratorium

Accepted Answer

For debts that arose before 1 April 2022, interest for the moratorium period from 1 April to 1 October 2022 is not recoverable from a debtor covered by it (paragraph 7 of Supreme Court plenum Resolution No. 44). Tick the box and these days drop out of the calculation. Debts that arose after 1 April still bear interest on those days.

Question 5

can interest be claimed until the debt is actually paid

Accepted Answer

Yes. At the claimant's request the court states in its decision that interest is recovered until the obligation is actually performed (paragraph 48 of plenum Resolution No. 7), and the rest is counted at enforcement. The calculator prepares such wording for the relief sought: the interest for the period and interest on the remaining debt from the next day.

Question 6

what if the contract sets a penalty

Accepted Answer

Then the contract penalty is recovered for late payment, not Article 395 interest: the two do not apply together to one breach (paragraph 42 of plenum Resolution No. 7). This calculator is for the case when the contract has no penalty. A contract penalty calculation will appear on the hub as a separate operation — it has its own rate and its own limits.

Penalties · Article 395 of the Civil CodeArticle 395 interest calculator

Calculation

Bank of Russia key rate

How it is calculated

FAQ

how is article 395 interest calculated

from which day does interest accrue

how do i account for a partial payment

is interest charged for the 2022 moratorium

can interest be claimed until the debt is actually paid

what if the contract sets a penalty

Download — Word

Penalties · Article 395 of the Civil CodeArticle 395 interest calculator

Calculation

Bank of Russia key rate

How it is calculated

FAQ

how is article 395 interest calculated

from which day does interest accrue

how do i account for a partial payment

is interest charged for the 2022 moratorium

can interest be claimed until the debt is actually paid

what if the contract sets a penalty

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