Principal amount
₹1,00,000
Total interest
₹61,051
Find out how much you can save for your future!
Easily calculate Simple Interest and Compound Interest using Sperso Filings' free online calculator.
Whether you're planning investments or managing loans, this tool helps you understand your earnings and make informed financial decisions—instantly and accurately.
A Simple and Compound Interest Calculator is an online tool that helps you calculate interest earned on investments or paid on loans.
It’s a useful tool for understanding returns on savings or planning loan repayments—making complex financial decisions easier and more accurate.
The Sperso Filings Interest Calculator saves time and removes the hassle of manual calculations. It helps you accurately estimate your investment returns or loan repayments in seconds.
Use it to compare savings plans, check loan interest rates, or plan long-term goals. Whether you're an investor, borrower, or student, this tool helps you make smarter financial decisions with ease.
Simple Interest (SI) is calculated using the formula:
SI = (Principal × Rate × Time) / 100
Example:
If you invest ₹10,000 at 5% interest for 3 years:
SI = (10,000 × 5 × 3) / 100 = ₹1,500
Use the Sperso Filings Simple Interest Calculator to get accurate results in seconds!
Compound Interest (CI) is calculated using the formula:
CI = P × (1 + R/n)n×T - P
Example:
If you invest ₹10,000 at 5% annual interest compounded annually for 3 years:
CI = 10,000 × (1 + 5/100)3 - 10,000 = ₹1,576.25
The Sperso Filings Interest Calculator makes this quick and hassle-free—perfect for smarter financial planning.
Using the Sperso Filings Interest Calculator is quick and easy:
Yes, Sperso Filings’ calculator allows you to compute both simple and compound interest quickly and accurately.
You’ll need to enter the principal amount, interest rate, time period, and compounding frequency (annually, quarterly, monthly, etc.).
Yes, it’s suitable for estimating interest on short-term or fixed-rate loans, especially when interest is not compounded.
Use the formula:
SI = (Principal × Rate × Time) / 100,
where time is in years (or convert days/months accordingly).
You can calculate this by adjusting the principal each year and using the compound interest formula for each time period. For more complex cases, consulting a financial advisor is recommended.