Why use No Riba instead of Excel?
You can track interest manually in a spreadsheet, and that works if you have only a few entries. No Riba is useful when you want the process to be faster, cleaner, and less error-prone.
Less manual work
Instead of opening every statement, finding each interest entry, and typing the date, bank, and amount into a sheet, No Riba extracts the entries from your statement PDF.
Reduces missed entries
Interest entries can be easy to overlook, especially across multiple banks or yearly statements. No Riba helps surface them clearly for review.
Totals update automatically
Excel can store values, but you still have to maintain totals. No Riba shows total interest, paid interest, and pending interest at a glance.
Bank-wise and year-wise views
No Riba groups interest by bank and by year, making it easier to review what needs attention and track progress over time.
Avoids double-counting overlaps
If a monthly statement and a full-year statement contain the same interest entry, No Riba is designed to avoid counting that entry twice.
Private by design
Statement PDFs are processed on your device. Only extracted summary data, such as amount, date, bank, and paid status, is saved to your account.
In short
Excel is fine for manual tracking. No Riba helps you reduce repeated work, catch entries more reliably, avoid duplicate counts, and keep paid and pending amounts organized in one place.