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Calculating Interest on Ledger Balances
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https://help.tallysolutions.com/docs/te9rel61/Advanced_Features/Advanced_Accounting_Features/Interest_Calculation_on_Ledger_Balances.htm

Calculating Interest on Ledger Balances

You can get a report on the Ledger balances for the interest calculated.

1.    Go to Gateway of Tally > Display > Statements of Accounts > Interest Calculations > Ledger

2.    Select an Account, for example, Bank Loan Account.

The Ledger Interest report appears as shown below: