Simple Interest Calculator
Calculate simple interest on any principal, rate and time in seconds-with the formula broken down and contrasted against compound interest.
- Principal
- Simple interest
Simple interest
₹60,000.00
Total
₹2,60,000
Figures are mathematical illustrations only and not a promise of performance. Mutual funds, deposits, loans, and insurance are offered by respective institutions-please read scheme documents and terms before investing or borrowing.
From Saarthi Capital · AMFI-registered MFD
You ran the numbers. Want a plan that actually gets there?
You came for the number. Leave with a plan-a Saarthi advisor turns this projection into a goal-mapped portfolio, free first conversation.
- Mutual funds & SIPsOur core-goal-mapped investing
- Term & health insuranceProtection sized to your family
- FD laddersPredictable, planned liquidity
- Tax planning80C and beyond, all year
Reply within 1 business day · No spam, no pressure
Simple interest calculator - how to use this tool
Calculate simple interest on loans and savings-style illustrations.
A simple interest calculator applies principal × rate × time / 100 with no compounding-common in short-term and informal lending. Compare the same inputs on the compound interest calculator to see how much frequency matters over longer tenures.
Adjust sliders to stress-test assumptions, review the visual breakdown where shown, and export or share results. For a documented plan, talk to Saarthi Capital.
Browse the full calculator hub for SIP, EMI, FD, tax, and more.
Frequently asked questions
What is the simple interest formula?
Simple interest = principal × rate × time / 100. It is charged only on the original principal, unlike compound interest where interest itself earns interest.
Where is simple interest used in India?
Short-term informal lending, some gold loans and certain penalty computations use simple interest. Most bank deposits and loans use compounding-always check which method your product applies.
How different is simple interest from compound interest over time?
Over short periods the gap is small; over long tenures compounding pulls far ahead. Use the compound interest calculator on the same inputs to see the difference.
Ready to act on these numbers?
Share your scenario with Saarthi Capital-we’ll turn it into a goal-mapped portfolio, loan structure, deposit ladder, or tax-aware plan.
Talk to an advisor - free →