Simple Interest Calculator

Simple Interest Calculator

Calculate simple interest on your investments or loans

Calculation Details

Principal Amount (₹)

Rate of Interest (% p.a.)

Time Period (Years)

Formula: SI = (P × R × T) / 100

SI = (100000 × 8 × 5) / 100 = ₹40,000

Total Amount

₹1,40,000

Summary

Principal₹1,00,000

Interest Earned₹40,000

Total Amount₹1,40,000