Calculator

Security deposit settlement

A transparent move-out settlement: itemised deductions, tenant credits, a temporary hold for pending bills, and the amount refundable now.

Enter the settlement details

Use documented amounts that your agreement supports wherever possible.

Property and deposit

Property or flat

Tenant name

Move-out / handover date

Security deposit received

Tenant credits

Advance rent / overpayment creditOwed to the tenant in addition to the deposit.

Other tenant creditExample: an agreed reimbursement for a repair the tenant paid for.

Confirmed deductions

Examples: unpaid rent, the last electricity bill, documented damage, missing inventory, cleaning, or a charge named in the agreement. Normal wear and tear is not damage.

Pending bill hold

Temporary amount to holdKeep this separate from confirmed deductions until the final bill is known.

Reason for the hold

Prior refund and statement

Amount already returned

Settlement statement date

Settlement summary

See exactly what is deducted, held temporarily and refundable.

Enter the deposit and the settlement items, then press Calculate settlement.

An administrative calculator, not legal advice. Whether a deduction is permitted depends on the rental agreement, the evidence, applicable law and the facts of the tenancy. Normal wear and tear should not be treated as tenant-caused damage. Several states expect the deposit to be returned within a fixed time after handover (one month under the Tamil Nadu Act, 2017).