Interest Calculator 2026 (Statutory and Commercial Interest)

Interest Calculator (Statutory and Commercial Interest)

Calculate, period by period, the statutory or commercial (advance rate) interest on your receivable from the default date to the payment date.

Law No. 3095 Arts. 1–2 · Rates retrieved automatically from the Central Bank of Türkiye (CBRT)
Receivable Details
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Summary
Period Breakdown
Statutory interest was 9% from 01.01.2006 to 31.05.2024 and 24% from 01.06.2024 to 30.07.2026. From 31.07.2026, under Article 1 of Law No. 3095, 80% of the CBRT rediscount rate in force on 31 December of the previous year applies; if the rate on 30 June has changed by 5 points or more, 80% of that rate applies in the second half of the year. Commercial default interest (Art. 2/2) is the CBRT short-term advance rate on 31 December, updated semi-annually under the same 5-point rule, and cannot be lower than statutory interest. A 365-day year is used. Results are for information only.
For collection of your receivable or enforcement proceedings, you can get information from our office in Denizli by calling 0554 513 14 97 .

How Are Statutory and Commercial Interest Calculated?

With the amendment of 31 July 2026 to Law No. 3095 on Statutory Interest and Default Interest, the statutory interest rate was linked to the Central Bank rediscount rate. Accordingly, statutory interest is 80% of the rediscount rate in force on the last day of the previous year. In commercial matters, the Central Bank short-term advance rate may be claimed as default interest. Interest is calculated separately for each period at the rate in force in that period; the calculator splits these periods automatically.

For legal support in Denizli on debt collection, enforcement proceedings and interest claims, you can visit our Enforcement Law page.

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