← Back
💵

Simple Interest Calculator

Calculate simple interest and compare it with compound interest easily

💵 Simple Interest Calculator

SI = P × R × T / 100

P = Principal | R = Rate % | T = Time in years
Principal Amount (₹)
₹
Annual Rate of Interest (%)
%
Time Period (Years)
Years
SIMPLE INTEREST
₹50,000
On ₹1,00,000 @ 10% for 5 years
💰
Principal Amount
₹1,00,000
📈
Simple Interest
₹50,000
🏦
Total Amount
₹1,50,000
📊
Interest Per Year
₹10,000
💡
Interest Per Month
₹833
📊 SI vs CI Comparison

📊 Simple Interest

₹50,000
Total: ₹1,50,000

📈 Compound Interest

₹61,051
Total: ₹1,61,051

💡 Extra earnings with Compound Interest: ₹11,051 more than Simple Interest over same period!

📋 Year-wise Breakdown
YearSI for YearTotal SITotal Amount (SI)Total Amount (CI)
Done!