Compound interest calculator

Compound interest adds each period's interest to the deposit, so the next period's interest is earned on the larger sum. Banks compound fixed deposits quarterly.

What a deposit grows to when interest is added to it and earns interest in turn

Your figures
₹
₹1,000₹10,00,00,000
%
1%20%
years
1 year30 years
Interest added
Amount at the end₹1.4 L
Principal
₹1,00,000
Interest earned
₹41,478
Amount at the end
₹1,41,478

Value at each year end

  • Principal
  • Interest earned

What if

Interest added monthly

₹1,41,763

₹285 higher

5 more years

₹2,00,160

₹58,682 higher

1% more interest

₹1,48,595

₹7,117 higher

How it is worked out

Amount = principal × (1 + r ÷ m)^(m × t)

where r is the yearly rate, m the times interest is added in a year and t the years.

Tax deducted at source on interest is not taken off.