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Interest Calculator India

Calculate simple interest, compound interest, total interest earned and final maturity value for savings, deposits or loans.

Simple interest Compound interest Maturity value
Growth estimate

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.

Rs.
%
Years
PrincipalRs. 0
Total interestRs. 0
Maturity valueRs. 0

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.