Software product 03 / 03
Kriyex InterestAccurate
Accurate loan tracking and automated interest calculations.
A cloud-based loan management system that replaces paper ledgers and manual calculations with accurate interest, clear statements, and timely payment reminders.
In short
What is Kriyex InterestAccurate?
Kriyex InterestAccurate is cloud-based loan management software from KRIYEX Technologies. It calculates interest the way Indian lenders charge it—such as ₹1.50 or ₹2 per ₹100 per month—keeps a complete ledger for every borrower, and sends payment reminders by SMS and WhatsApp.
| Category | Loan management and interest calculation |
|---|---|
| Ideal for | Private financiers, money lenders, pawn brokers, vehicle and gold loan providers, real estate financiers, and micro-lending agencies |
| Interest | ₹ per ₹100 per month, annual interest, monthly cycles, daily broken periods, upfront deduction |
| Reminders | SMS a day before the due date; one-click WhatsApp with UPI details |
| Records | Borrower ledger, PDF receipts and loan statements |
| Access | Mobile and desktop, multi-user with activity tracking |
| Made by | KRIYEX Technologies, Ahmedabad, India |
How it works
From the first entry to the last receipt.
Enter a loan once. Interest, reminders, cycle dates and receipts follow from it.
How it works01 — 04
- 01
Create loans
Add borrowers, loan terms, interest rates, cycle dates, and collateral.
- 02
Calculate interest
Automatically calculate monthly, daily, and upfront interest.
- 03
Send reminders
Notify borrowers before due dates and alert lenders about collections.
- 04
Collect payments
Record partial or full payments and generate digital receipts.
Try the maths
How much interest is due? Work it out here.
The same rupees-per-hundred calculation InterestAccurate runs on every loan. Change any number and the result updates. How the formula works.
“₹2 per ₹100” means 2% of the loan amount every month.
Result
₹50,000 at ₹2 per ₹100 a month for 3 months and 10 days: ₹3,333.33 interest, ₹53,333.33 to repay in total.
- Interest per month
- ₹1,000
- Interest per day (30-day month)
- ₹33.33
- Interest for 3 months and 10 days
- ₹3,333.33
- Total to repay
- ₹53,333.33
- Interest deducted upfront
- ₹0
- Amount paid out to the borrower
- ₹50,000
- Balance due at the end
- ₹53,333.33
- Same rate as yearly simple interest
- 24% a year
Simple interest, for illustration. Kriyex InterestAccurate runs these calculations on every loan, every cycle.
Kriyex InterestAccurate
Key features
Built around how lending actually works in India—cycles, broken periods, partners and recovery agents included.
- Indian lending calculations, including ₹1.50 or ₹2 per ₹100 per month, annual interest, monthly cycles, and daily broken periods.
- Automatic upfront interest deductions and net loan disbursement calculations.
- Exact settlement calculations for early or mid-cycle payments.
- SMS reminders one day before the due date through DLT-approved gateways.
- One-click WhatsApp reminders with balances, due dates, and UPI details.
- Automatic next-cycle date updates after interest payments.
- Complete borrower ledger for loans, interest, payments, and outstanding balances.
- Shareable PDF receipts and loan statements.
- Secure multi-user access and activity tracking for partners and recovery agents.
- Mobile and desktop access, daily collection views, and today’s due payments.
Business benefits01 — 04
- Reduce interest calculation disputes.
- Improve payment collection and reduce overdue loans.
- Never miss a due date with the Today’s Dues dashboard.
- Protect records with encrypted cloud storage instead of paper diaries.
Ideal for
Private financiers, money lenders, pawn brokers, vehicle and gold loan providers, real estate financiers, and micro-lending agencies.
- Private finance
- Money lending
- Pawn broking
- Gold loans
- Vehicle loans
- Micro-lending
FAQ
Kriyex InterestAccurate, answered.
What is Kriyex InterestAccurate?
Kriyex InterestAccurate is a cloud-based loan management system by KRIYEX Technologies. It replaces paper ledgers and manual calculations with accurate interest, clear statements and timely payment reminders for private financiers, money lenders, pawn brokers and other lenders.
What does “₹2 per ₹100 per month” mean?
It means the borrower pays ₹2 of interest every month for every ₹100 borrowed—2% of the loan amount per month. On a ₹1,00,000 loan that is ₹2,000 a month, the same as 24% a year in simple interest. Our rupee interest guide has worked examples.
How does it handle part-month periods and early repayment?
InterestAccurate calculates daily broken periods and exact settlement amounts for early or mid-cycle payments, and moves the next cycle date automatically after an interest payment.
Can it deduct interest upfront?
Yes. It calculates upfront interest deductions automatically and shows the net amount to disburse to the borrower.
How are borrowers reminded to pay?
By SMS one day before the due date, through DLT-approved gateways, and by one-click WhatsApp messages that include the balance, due date and UPI payment details. Lenders are alerted about collections.
Can partners and recovery agents use it?
Yes. InterestAccurate has secure multi-user access with activity tracking, so partners and recovery agents can work in the same records and every change is visible.
Is my lending data safe?
Records are kept in encrypted cloud storage instead of paper diaries, and every user’s activity is tracked.
Does it work on mobile?
Yes. InterestAccurate works on mobile and desktop, with a daily collection view and a list of today’s due payments.
Next step
Close the paper ledger for good.
See InterestAccurate with the way you lend today.
- kriyex.info@gmail.com
- Phone / WhatsApp
- +91 63535 20761
- Location
- Ahmedabad, Gujarat, India