How much will my money grow with compound interest?
Compound interest earns interest on the interest already added, so money grows faster the longer it stays and the more often interest is added. Enter an amount, a rate and a period to see what it becomes.
Amount after the period
₹2,15,892
Indicative only. Your lender’s figures may differ. Nothing you enter here is sent anywhere or stored.
A = P × (1 + r ÷ n)^(n × t)
P is the amount, r the yearly rate, n how many times a year interest is added (1, 2, 4 or 12) and t the years. Interest earned is A − P.
If you enter
You get
These are the calculator's starting values. Change them above to see your own.
Compare interest rates and charges before you open one.
Kotak Mahindra Bank
IndusInd Bank
Equitas Small Finance Bank
DBS Bank India
A = P × (1 + r ÷ n)^(n × t), where P is the amount, r the yearly rate, n how many times a year interest is added and t the years. Interest earned is A − P.
Simple interest is paid on the original amount only. Compound interest is also paid on interest already added, so the gap grows every year.
A little. At 8% for 10 years, quarterly compounding gives about 2% more than yearly. The rate and the time matter far more.
Divide 72 by the yearly rate to get roughly how many years money takes to double: at 8%, about 9 years.
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