Finance Tools
Simple Interest Calculator
Calculate total interest and maturity amount based on principal, rate, and time.
Principal Amount
₹
Annual Interest Rate
%
Time Period
Compounding
Simple (non-compounding)
Interest is calculated only on the principal amount.
Interest
0%
Simple Interest
₹0
total interest
Principal
₹0
Total Interest
₹0
Maturity Amount
₹0
How the formula works
SI = P × R × T / 100 | A = P + SI
- P = Principal (original amount)
- R = Annual interest rate (%)
- T = Time period (in years)
- SI = Simple Interest, A = Maturity Amount (Principal + Interest)