Instruction

1

The calculation

Taken the amount

**of interest**at the refinancing rate is as follows:Taken the amount

**of the loan**. It is established by the contract.2

The amount

According to paragraph 2 of the Resolution of Plenum of the Supreme Court and the Plenum of the Supreme Arbitration Court of the Russian Federation from October 8, 1998 n 13/14 "About practice of application of the provisions of the Civil Code of the Russian Federation about percent for using another's money resources" the number of days defined as 360.

**of the loan**divided by the number of days in a year.According to paragraph 2 of the Resolution of Plenum of the Supreme Court and the Plenum of the Supreme Arbitration Court of the Russian Federation from October 8, 1998 n 13/14 "About practice of application of the provisions of the Civil Code of the Russian Federation about percent for using another's money resources" the number of days defined as 360.

3

Multiply the resulting amount by the number of days

**of the loan**.The number of days is calculated from the moment of conclusion of the contract**of the loan**or other time provided by the contract or by law (eg, from the date of overdue repayment**of the loan**) and up to the date of actual repayment amount**of the loan**, either before the date of submission of the application to the court. In the case of proceedings in the court of the interest on*the contract***loan**will be calculated on the date of the decision of the court. But after the pronouncement of the court, you can calculate the interest on the date of the judgment and until actual payment and also to recover them.4

Multiply the resulting number by the percentage of the refinancing rate set by the Central Bank at the time of calculations.Refinancing can be found on the official website of the Central Bank of Russia.

5

The resulting amount will be the sum

**of percent**on*the contract***of the loan**.6

Here is an example:

Amount

The number of days

Take the rate of 8%.

The calculation will look like this:

50 000(rubles) / 360(days in year) x 50(days

Amount

**of loan**- 50,000 rubles.The number of days

**of the loan**50.Take the rate of 8%.

The calculation will look like this:

50 000(rubles) / 360(days in year) x 50(days

**of the loan**) x 8%(the refinancing rate) = 555 rubles 55 kopecks(amount**percent**).