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Investment

Simple Interest Calculator

Interest on the principal only.

Your figures

₹2 L
%
years
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Maturity amount

₹2,48,000

Interest
₹48,000
Principal
₹2,00,000
Less than compounding by
₹3,942
How this is calculated

SI = P × r × t

Simple interest accrues on the original principal alone. It is the basis of most short-term lending arrangements and a useful contrast to compounding.

Assumptions used

    Any figure you enter overrides the assumption above for your calculation.

    Educational calculation, not personal advice

    This calculator is provided for education and illustration. It applies the assumptions shown to the figures you entered; it does not take account of your circumstances, goals, tax position or risk tolerance, and it is not a personal recommendation. Projections are not forecasts, and no return is guaranteed. Investment values can fall as well as rise. Speak to a qualified adviser before acting on anything here.

    Want this checked against your actual position?

    A calculator works with the numbers you give it. A planner works with the ones you have — including the tax, protection and liquidity questions this tool does not ask.

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