Compound Interest Calculator
Watch interest earn interest — at whatever frequency your account compounds.
₹
%
yrs
Total amount
₹2,20,804
Principal
₹1,00,000
Interest earned
₹1,20,804
Year-wise growth
How compound interest is calculated
Compound interest pays interest on both your original deposit and the interest already earned. The more frequently interest compounds, the faster the balance grows.
A = P × (1 + r/n)^(n × t)Where P is the principal, r is the annual rate as a decimal (rate ÷ 100), n is the number of compounding periods per year and t is the time in years. Interest earned is A − P.