⚠️ Important Disclaimer
These calculations are approximate and for illustration only.
Banks and financial institutions may use different rules. Always confirm the final
interest and maturity amount with your bank before investing.
Enter Your Details
Example: 2 years 6 months → enter 2 years and 6 months.
💡 What is Simple Interest?
Simple interest is calculated only on your original amount (principal).
The formula is
Interest = Principal × Rate × Time.
Interest does not earn interest again. This calculator
helps you see the total interest and maturity value clearly.
📘
Very Easy to Use
Designed for beginners. Just enter amount, rate, and time to see instant results.
📈
Visual Growth Graph
Understand how your money grows over time with a simple line chart.
🔄
Use for Loans & Deposits
Works for fixed deposits, savings, and even simple-interest loans.
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