Loans & interest
Compound Interest Calculator
చక్రవడ్డీ కాలిక్యులేటర్
How money grows when interest earns interest, from yearly to daily compounding.
Your result ఫలితం
Maturity amount మెచ్యూరిటీ మొత్తం
2.16 lakh rupees
- Principalఅసలు
- ₹1,00,000
- Interestచక్రవడ్డీ
- ₹1,15,892
- Effective yearly rate
- 8%
Compounding earns ₹35,892 more than simple interest (₹80,000) on the same money.
Year by year ఏడాదివారీగా
- Principal
- Interest
Use the left and right arrow keys to read each year; the table below lists every value.
Show the year-by-year table
| Year | Interest so far | Value |
|---|---|---|
| 1 | ₹8,000 | ₹1,08,000 |
| 2 | ₹16,640 | ₹1,16,640 |
| 3 | ₹25,971 | ₹1,25,971 |
| 4 | ₹36,049 | ₹1,36,049 |
| 5 | ₹46,933 | ₹1,46,933 |
| 6 | ₹58,687 | ₹1,58,687 |
| 7 | ₹71,382 | ₹1,71,382 |
| 8 | ₹85,093 | ₹1,85,093 |
| 9 | ₹99,900 | ₹1,99,900 |
| 10 | ₹1,15,892 | ₹2,15,892 |
How compound interest is calculated
Interest is added to the principal at every compounding date, and the next interest is worked out on the larger amount:
A = P × (1 + r ÷ n) n × T
P is the principal, r the yearly rate (8% = 0.08), n the number of times interest is added in a year and T the years. The interest is A − P.
Example: ₹1,00,000 at 8% for 10 years grows to ₹2,15,892 with yearly compounding and to ₹2,20,804 with quarterly compounding: an effective 8.24% a year.
Questions
What is the effective yearly rate?
The yearly rate that would pay the same with interest added once a year. The more often interest is added, the higher it is.
How often do banks compound?
Fixed and recurring deposits compound every quarter. Use the FD and RD calculators for bank deposits.
What next? తర్వాత ఏం చూడాలి
See all calculators →Results are estimates for planning, at the rates you enter. Check exact figures with your bank, fund house or tax adviser before you decide.
