Interest Calculator India
Calculate simple interest, compound interest, total interest earned and final maturity value for savings, deposits or loans.
Compare interest types
See the difference between simple and compound interest for the same amount, rate and period.
Simple & Compound Interest Calculator
Enter principal, rate, tenure and interest type.
Simple interest vs compound interest
Simple interest is calculated only on the principal amount. Compound interest is calculated on the principal plus accumulated interest, so growth can become faster over longer periods.
Formula used
Simple interest maturity amount = P + (P x R x T / 100). Compound interest maturity amount = P x (1 + R / 100)^T.
When to use this calculator
Use it for savings estimates, fixed deposit planning, education examples, or comparing how different rates and periods change maturity value.


