Simple Interest Calculator Savings & Interest
Calculate basic interest earned or paid without compounding over a specified term.
Simple Interest Inputs
Linear Growth Formula
10 Lakhs
₹
₹ 10,000
₹ 50 Lakhs
₹ 1 Crore
9.0% p.a.
%
1%
10%
20%
25%
5 Years
Years
1 Year
10 Years
20 Years
30 Years
Simple Interest Formula:
SI = (P × R × T) / 100 | Maturity Amount = P + SI
Where P is the initial principal, R is the annual rate of interest, and T is the time in years.
Interest Growth & Maturity
Calculated Instantly
Total Interest
₹ 0
9% per annum
Maturity Amount
₹ 0
Principal + Interest
Yearly Payout
₹ 0
₹ 0 / moYearly Cumulative Value Progression
Year-by-Year Capital & Interest Schedule
| Year | Principal | Year Interest | Total Interest | Accumulated Total |
|---|