Compound Interest Calculator
Calculate how your investments grow over time with compound interest. See the power of compounding and plan your financial future.
Final Amount
₹0
Total Interest
₹0
Total Contributions
₹10,000
Note: This calculator provides an estimate based on the given inputs. Actual returns may vary depending on market conditions and tax implications.
What is Compound Interest?
Compound interest is the addition of interest to the principal sum of a loan or deposit, or in other words, interest on interest. It is the result of reinvesting interest, rather than paying it out, so that interest in the next period is earned on the principal sum plus previously accumulated interest.
Compound Interest Formula
The compound interest formula is:
Where:
- A = Final amount
- P = Principal (initial investment)
- r = Annual interest rate (decimal)
- n = Number of times interest is compounded per year
- t = Time period in years
With Regular Contributions
When you make regular contributions, the formula becomes more complex. Our calculator handles this calculation for you, showing how your wealth can grow with consistent investing over time.
The Power of Compounding
Start Early
The earlier you start investing, the more time your money has to grow through compounding.
Regular Contributions
Adding regular contributions significantly boosts your returns over time.
Higher Frequency
More frequent compounding (monthly vs. annually) results in higher returns.
Investment Tips
- Reinvest dividends and interest to maximize compound growth
- Consider tax-advantaged accounts to protect your investment growth
- Maintain a diversified portfolio to manage risk
- Stay invested for the long term to benefit from compounding
- Increase your contributions over time as your income grows