Compound Interest Calculator
Calculate how your wealth grows over time with compound interest using our free Compound Interest Calculator. Whether you’re investing a lump sum or adding regular contributions, get instant and precise insights into your financial growth to plan your future effectively.
Compound Interest Calculator
Frequently Asked Questions
Quick Tips for Using the Compound Interest Calculator
Our Compound Interest Calculator simplifies wealth planning—here’s how to use it effectively:
- Key Inputs: Enter your initial investment (e.g., ₹1,00,000), interest rate (e.g., 8% p.a.), tenure (e.g., 10 years), and monthly contribution (e.g., ₹5,000) for accurate growth projections.
- Compounding Frequency: Adjust the compounding period (e.g., annually, quarterly) to see how it impacts your returns—more frequent compounding means higher growth.
- Long-Term Goals: Increase tenure or contributions to understand the power of compounding over time—ideal for retirement or education planning.
For example, investing ₹2,00,000 at 7% annual interest with ₹2,000 monthly contributions, compounded quarterly for 5 years, grows to approximately ₹3,49,054. Try it now with your own numbers to see how compounding can boost your wealth!