Compound Interest Calculator
See what a lump sum grows to with compound interest. Pick how often interest is added (yearly, quarterly, monthly or daily) and the rupee figures update as you type.
Tax and salary
Income tax calculator2026-27, both regimes, slab by slabOld vs new regimeYour break-even deductionsCTC to in-handNew wage rules and ₹25,000 PF ceilingHRA exemptionLeast of three, month by monthEPF calculatorYour share, employer share, EPSGratuity calculator15 days' wages a year, ₹20 lakh capWork out flat simple interest, charged only on the principal and never on earlier interest. In ₹, calculated in your browser as you type.
Updated
Your browser is preparing the tool. It runs 100% locally.
Enter a principal, an annual rate and a number of years to get the simple interest and the total amount from SI = P × R × T ÷ 100. Simple interest is flat: it is charged on the original principal only, never on interest already added. So ₹1,00,000 at 8% for 5 years earns exactly ₹40,000, and the total is ₹1,40,000. The calculation runs in your browser.
Enter a principal, an annual rate and a number of years, and the tool shows the simple interest and the total you would repay or receive. It recalculates as you type and works in rupees.
Simple interest is linear. The interest is the same every year because it is always a percentage of the original principal, not of a growing balance. That makes it easy to predict, and on a loan it costs less than compound interest at the same rate.
It uses the simple interest formula SI = P × R × T ÷ 100, where P is the principal, R the annual rate as a percentage and T the time in years.
The total is the principal plus that interest. Nothing compounds, so doubling the term doubles the interest and the growth never speeds up.
SI = P × R × T ÷ 100
Total = P + SI
(P = principal, R = annual rate %, T = years)₹1,00,000 at 8% for 5 years: 100000 × 8 × 5 ÷ 100 = ₹40,000 (total ₹1,40,000)Each year adds the same ₹8,000, which is why it is called flat interestThe interest is always worked out on the original ₹1,00,000, so the yearly amount never changes. Compound interest on the same figures would earn more, because it also pays interest on the interest.
| Inputs | Principal, annual rate %, years |
|---|---|
| Outputs | Simple interest, total amount |
| Growth | Linear (flat) |
| Currency | Rupees (₹) |
| Formula | SI = P × R × T ÷ 100 |
| Where it runs | In your browser, as you type |
It calculates flat interest only. Most savings accounts and fixed deposits compound, and for those this figure is too low; use the compound interest or FD calculator.
It assumes a constant rate and no part-payments. A loan you prepay builds up less interest than shown here.
Time is in years. For a period in months, enter the fraction: 9 months is 0.75.
The figure is gross, before tax or fees.
Estimate the interest on a car, personal or other flat-rate loan.
Get a fast, predictable interest figure for a short term.
Put a flat-rate offer next to a compounding one to see the difference.
Show how flat interest differs from compounding.
For money that compounds, use the compound interest calculator. For a bank fixed deposit, use the FD calculator, which compounds quarterly. For monthly investing, use the SIP calculator.
The calculator uses SI = P × R × T ÷ 100, so interest is charged only on the original principal. The total grows in a straight line and never earns interest on interest.
See what a lump sum grows to with compound interest. Pick how often interest is added (yearly, quarterly, monthly or daily) and the rupee figures update as you type.
FD maturity to the day, TDS for each tax year, tax at your slab, monthly payout and what you get back if you break it early.
Loan EMI with part payments, a rate change and the APR from fees, plus the full schedule by month or financial year.
RD maturity compounded quarterly the way banks and India Post do it, interest and TDS by tax year, late fees, early closure and a target amount.
Enter what you put in, what it is worth now and how many years you held it. The calculator gives the annual CAGR behind that growth, with the total gain and total return beside it.
SIP and step-up SIP value, the SIP a goal needs, inflation, and the tax when you redeem, split into short-term and long-term.
Enter your numbers at the top of the page. Nothing you type leaves this device.