Compound Interest Calculator
Growth of a lump sum with yearly, half-yearly, quarterly or monthly compounding.
₹
₹1 lakh
%
years
Compounding
Maturity amount
₹1,41,477.82
Principal
₹1,00,000.00
Interest earned
₹41,477.82
Principal 71%Interest 29%
Results are estimates for information only and are not financial, tax or medical advice.
How to use the compound interest calculator
- Enter principal, annual rate and years.
- Choose how often interest is compounded.
- See maturity amount and total interest.
Frequently asked questions
What is the compound interest formula?
A = P × (1 + r/n)^(n×t), where r is the annual rate, n is compounding periods per year and t is years.
Is compound interest better than simple interest?
For the same rate and time, compound interest always earns more because interest is earned on previous interest.