An Interest Calculator is a tool used to quickly calculate the simple or compound interest on a principal amount over a specified time period at a given rate of interest.
of each compounding period
Enter your details and calculate to see results
Quickly calculate interest earned or payable using the formula: (P × R × T) / 100.
Useful for short-term loans, deposits, or investments.
Estimate how money grows with compounding using: A = P (1 + R/100)T.
Ideal for long-term savings, fixed deposits, or reinvested returns.
Compare simple vs compound growth to make better decisions.
Plan EMIs, savings, or retirement goals with accurate interest projections.
Important: Interest calculations provide estimates. Actual returns may vary based on compounding frequency, market conditions, and specific loan or investment agreements. Always verify with your bank or financial advisor.
Start early to maximize compound interest benefits
Regular contributions build wealth through dollar-cost averaging
Consider tax implications on your investment returns
Factor in inflation for realistic buying power projections