Compound Interest Calculator
Calculate compound interest, total interest earned and maturity amount based on your investment amount, interest rate, time period and compounding frequency.
Investment Details
Enter the details below to calculate your estimated maturity amount.
₹0.00
Enter your investment details
Investment Growth
Estimated balance at the end of each year.
| Year | Opening Balance | Interest | Closing Balance |
|---|---|---|---|
| Enter details and click Calculate. | |||
Calculate Compound Interest Easily
Enter your investment details and see how compounding can grow your money over time.
Enter Principal
Enter the initial amount you want to invest.
Enter Interest Rate
Enter the expected annual interest rate in percentage.
Select Period
Enter the number of years you plan to keep the investment.
View Growth
See the maturity amount and estimated interest earned.
Compound Interest
Compound interest allows interest to be added to the accumulated balance, so future interest can be calculated on the increased amount.
Principal
Principal is the initial amount invested before interest is added.
Interest Rate
The annual interest rate determines how quickly the investment grows.
Time
A longer investment period can increase the effect of compounding.
Important Information
This calculator provides estimates for educational and planning purposes only. Actual returns may differ depending on the investment product, interest rate, taxation, fees and other conditions.
The calculator assumes that the stated interest rate remains unchanged throughout the selected period and that interest is compounded according to the selected frequency.
Compound Interest Calculator FAQ
What is compound interest?
Compound interest is interest calculated on the initial principal and on accumulated interest from previous periods.
What is the difference between simple and compound interest?
Simple interest is generally calculated only on the original principal, while compound interest can also be calculated on previously accumulated interest.
Does more frequent compounding increase the maturity amount?
When the nominal annual rate and other assumptions remain the same, more frequent compounding generally results in a higher effective return.
What does monthly compounding mean?
Monthly compounding means interest is added to the balance twelve times per year.
Can I use this calculator for investments?
Yes. You can use it to estimate growth for investments where the stated return is compounded at a specified frequency.
Does this calculator include tax?
No. The displayed result is before applicable taxes, fees and other deductions unless separately accounted for.