Interest calculator
HowToApplyDoc · Finance Tools
Simple interest calculator
Work out interest on a loan or deposit where the return is calculated only on the original amount. Adjust the principal, rate and term to see the interest and total payable update instantly.
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₹10K₹100 Cr
%
0%30%
Yr
0 Yr30 Yr
Total amount
$0
Principal
Interest
Principal amount
$0
Total interest
$0
Total amount
$0
interest formula
Simple interest is free tools on the original principal for every period of the term — unlike compound interest, earlier interest never gets added back in to earn more interest.
SI = P × R × T / 100
A = P + SI
- P — Principal amount
- R — Annual interest rate (%)
- T — Time, in years
- A — Total amount at maturity
