compound interest is the “interest on interest.” unlike simple interest, it also takes into account the interest earned by the investor to date.

here is the compound interest formula –

mr xy invested rs. 1,00,000 bearing an interest rate of 12% that compounds monthly. what would be his interest for the entire year?

compound interest – ₹1,00,000 * (1 + 0.01)12 – ₹1,00,000 = ₹12,680

so, mr. xy earned ₹12,680 for the entire year by investing ₹10,0000.

it is easy to calculate simple interest. all you have to do is multiply three components with each other. 

we do not think that anyone can say the same about calculating compound interest. so people resort to using a compound interest calculator online to give them peace of mind.

here is how you can calculate your returns via a compound interest formula calculator online –

click on “calculate” and wait for a few seconds for the results to pop-up. 

how to use a compound interest calculator?

for calculating compound interest, you need the following details at your disposal –

once you have the requisite details, fill them in their requisite text boxes and get results within seconds. often people have options to choose from, and the online calculator is the best partner to help you choose the best one. you can fill in the details of all the options and find out the one bearing the highest interest.

how to use compound interest calculator online?

there are two ways we calculate interest on the amount deposited – simple and compound.

the former is simple – you take an interest rate and multiply it with the principal amount and the time period.

compound interest is a bit complex. also known as “interest on interest,” we calculate it on the principal amount and the accumulated interest until the calculation date.

p – principal amount on which interest is to be calculated

the answer is compound interest. compound interest builds on the principal and the accumulated interest, whereas simple interest only considers the principal amount. the more times you are getting your investment compounded, the higher returns you will get. 

which one bears higher returns for the investor?

there are two ways in which we can calculate interest—simple and compound. the former calculates the interest on the principal amount. in contrast, we calculate compound interest on the principal and the interest earned on it till that date.

calculating simple interest is everyone’s cup of tea, whereas compound interest calculation can be out of your ballpark unless you are a finance guy. so, it is always a better option to use a compound interest (ci) calculator online to inform you about your accumulated interest.

here is why you should use a compound interest calculator –

accurate and reliable - our calculator is known for its accuracy, and you can trust it to provide reliable results.

offers ease of use and can manage complex data conveniently - we do not believe in unnecessarily complexing our resources. so, you get a basic calculator that works!

get results within seconds - we ensure that you get results within seconds. 

no upper limit on usage - our calculator is a free-to-use version with no hidden limits.

advantages of using compound interest calculator

online calculators can churn out results much faster than most humans. 

unlike most humans, online calculators don’t suffer from monotonicity. 

benefits of online calculators over manual calculations: 

the basic idea of compound interest is that your principal gets compounded over and over again. it is simple - the lower the compounding period, the higher the interest earned.

a compound interest formula generator can help you calculate your compound interest in the following way –

what are the frequencies of calculating compound interest?

understanding important terms of compound interest

principal – it is the seed, i.e., the amount that you initially deposit for compounding.

frequency of compounding - it refers to the times the plant bears fruit, i.e., it is the number of times you pay interest in a year (say monthly, quarterly, half-yearly, or annually).

compound interest takes into account several factors, including time horizon, compounding periods, and more. it is the reason many people resort to using a compound interest formula calculator for calculating the same.

compounding periods refer to the number of times the compounding takes into place in a given time horizon. it also impacts the applicable interest rates and other factors. 

mr. x invested ₹10,000 at an interest rate of 12% that compounds (i) monthly & (ii) quarterly. what would be his interest for the entire year in both scenarios?

compound interest – rs. 10,000 * (1 + 0.01)12 – rs. 10,000 = rs. 1,268

so, mr. x earned ₹1,268 for the entire year by investing ₹10,000.

compound interest – rs. 10,000 * (1 + 0.03) 4– rs. 10,000 = rs. 1,255.

so mr. x earns ₹13 more by opting for monthly compounding.

a compound interest calculator online would help you compare the different compounding periods and gauge the change in the overall interest earned.

how do different compounding periods affect interest?

n – number of compounding periods   

1: what are the components of compound interest?

there are four vital components of calculating compound interest –

2: is compound interest better than simple interest?

yes. compound interest calculates interest on the principal and the interest earned to date. in contrast, simple interest takes only the principal into account.

3: how can you easily calculate compound interest?

 you can use a compound interest calculator online to calculate your returns conveniently.

4: how many times can I use the calculator?

our calculator is free to use with no upper limit. you can use it unlimited times.

Determine how much money can be grown monthly, quarterly or annually with the help of compound interest calculator. Visit us to know more.

Compound Interest Calculator Online – CRED

are you having trouble calculating your compound interest? why not consider using a compound interest calculator online? it allows you to calculate your interest earnings within seconds. all you need to do is enter the required details and click on the “calculate” button to get your results.

Check out this Compound Interest calculator I found on CRED. It helps you calculate how much money can be grown monthly, quarterly or annually.

earn up to ₹1000 cashback by paying your credit card bill on CRED

https://app.cred.club/k63y/compoundinterest

calculating the maturity of fds is a complicated process, which involves several variables, with the help of an fd calculator, since it provides you with precise statistics.

it allows you to save a significant amount of time while doing these complicated calculations.

you may use a fixed deposit return calculator to evaluate the maturity amounts and interest rates of various financial firms' fds. if you have all of the numbers in front of you, you will make a more informed decision.

here is a step-by-step guide for using the fd calculator:

use only a dependable online fd interest calculator, such as the one provided by CRED.

pick the consumer type, which varies depending on the issuer.

choose between cumulative and non-cumulative deposit options for maximum returns at maturity and periodic returns.

choose a tenor on your fixed deposit, which will vary from 12 to 60 months, depending on your needs.

the maturity amount and gross interest paid on your fixed deposit will be automatically shown on the fixed deposit calculator. you should experiment with various tenors and deposit amounts to see if the maturity amount and interest received charges change over time. this will help you properly prepare your fd investments and predict your returns before you invest.

a fixed deposit (fd) is a secure way to save and expand your money. the rate of interest on your deposit is calculated by the tenure you choose, as well as the frequency at which the interest is charged.

the fd method for calculating interest is:

for example, Ram has invested ₹20,000 for 6 years at a 20% interest rate, then at the time of maturity.

a = 20,000 (1.025) ^ (24) = ₹26,898 (approximately)

compound interest (ci) earned over 6 years = maturity amount – principal amount.

how is the return on a fixed deposit calculated?

the following steps should be taken to measure the maturity level of a fixed deposit using the fd interest rate calculator:

the customer must choose between two customer types: normal or senior citizen.

choose either a cumulative or interest payout (quarterly/monthly) or short term fixed deposit.

choose the fd's required tenure, either in years/months/days, or in days only.

the customer is shown the relevant interest rate, interest level, maturity date, and maturity amount.

how to calculate fixed deposit maturity amount?

many variations exist while calculating the maturity number on your fd fund, making it a time-consuming process.

a fixed deposit interest calculator, also known as an fd calculator, instantly calculates the balance you will earn when the fd matures for your deposit amount, after taking into account the appropriate rate of interest with your selected fd scheme and tenure.

the CRED fd calculator is simple to use and completely free:



enter the number you want to put into your fd. 

calculate the length of time you want to spend in months.

you may also utilise our fixed deposit calculator to compute maturity amounts with different tenures and interest rates.

computing the maturity number on your fd investment is a complicated equation that requires several variables. you can use a CRED fd calculator to:

calculate the balance you'll get when your fd matures for the amount you've put in.

make a comparison of the maturity amounts and available rates of interest for different fd schemes. 

you can select the tenures to make an educated decision when finalising an fd purchase.

however, keep in mind a few limits when using the CRED fd calculator, as mentioned below:

since tds deductions are applicable, the maturity number measured is just an estimate.

if you make early withdrawals, the expected sum will adjust.

the majority of fd calculators only function when you have a functioning internet connection.

as of march 2021, the following are the most recent interest rates proposed by top banks for terms ranging from 7 days to 10 years.

what are the different interest rates offered by banks? 

for the general public, idfc bank proposes the highest fd interest rate of 5.75 per cent p.a. for a 500-day period. the interest rate for senior citizens is 0.50 per cent higher.

the highest fd rate among india's well-known banks is 7.00 per cent per annum, which indusind bank provides for terms ranging from 7 days to 10 years to the general public.

for senior citizens, indusind bank provides the maximum fixed deposit rate of 7.50 per cent for periods ranging from 7 days to 10 years.

best fixed deposit rates in india among india's popular banks

compounding is beneficial to an accumulated fixed deposit investment. while investing in accumulated fds, the interest received for the first year is clubbed with the principal amount of the second year, on the basis of which the interest is measured.

as a result, the amount of interest accrued grows with each passing year. however, remember that the accumulated fixed deposits can only be redeemed at the end of the term.

it gives you the possibility of collecting monthly interest payments. you can select if you are looking to earn payouts every month, every six months, or yearly. non-cumulative fixed deposits, on the other hand, give lower total interest owing to the lack of compounding.

if you know you'll need money regularly, it's a smart idea to sign up for this fixed deposit option.

what is the difference between cumulative & non-cumulative payout options?


several considerations affect banks' decision to lower or raise fixed deposit rates, including the following:

the rate of inflation: it is related to deposit rates. depositors should expect good returns from banks. as a result, borrowers should hold an eye on the rate of inflation, which affects loan rates. even though depositors have negative returns due to high inflation, banks seldom lift deposit rates, because it will affect their bottom line.

liquidity situation: banks do not need to rely on retail fixed deposits for their needs if liquidity is sufficient, as opposed to periods when liquidity is scarce and banks must rely on their deposits.

conditions of supply and demand: when there is less need for loans, banks can often increase fixed deposit rates. banks, on the other hand, lift fixed deposit rates when credit demand is high.

what are the factors affecting fixed deposit interest rates?

when is the bank not liable to deduct the tds?

if the gross interest revenue from your total fixed deposits with the financial institution is under ₹40,000 per annum, the bank cannot subtract any tds.

the cap for a senior citizen is ₹50,000, whether he or she is 60 years old or older. alternatively, you can calculate the interest income using the fixed deposit calculator.

tds is deducted at a rate of 10% by the bank.

the bank measures the annual interest gain from all of your fds for them. you will be entitled to a 10% tds deduction if your interest income reaches ₹40,000. (₹50,000 in the case of senior citizens). the rest of the time, you should use the fd calculator to figure out how much interest you've received.

tds is deducted at a rate of 20% by the bank.

if you do not give your bank your pan number, they will subtract 20% tds from your account. as a consequence, double-check that your pan number is on file with the bank.

how to pay income tax on fixed deposit interest income?

1: what information is needed to use an fd calculator?

the fd calculator can be used to compute the maturity value of an amount deposited using information such as the deposited money.

2: what is the formula for calculating a fixed deposit?

a = p(1+r/4/100)(4*n) is the formula for calculating the maturity amount of a cumulative fd; where a id the maturity amount, p is the principal amount invested, r is the rate of interest, and n is tenure.

3: what is the smallest deposit amount which can be made into an fd account?

the minimum deposit level in an fd account is ₹1,000; however, there is no upper limit to the amount you can deposit.

4: are there any additional fixed deposit advantages for senior citizens?

yes, senior citizens benefit from higher interest rates on their savings accounts.

here are the steps to use the fd interest rate calculator -

choose the preferred tenor of the fixed deposit.

you will then automatically see the interest amount and total amount earned at maturity.

Use our easy to use fixed deposit calculator to calculate the maturity and interest amount you can earn on your FD investment. Visit us to know more.

FD Calculator, Calculate Fixed Deposit Interest Rate Online – CRED

calculating an fd's maturity level can be a difficult and time-consuming task. however, it is possible to calculate it without cracking a sweat, using an online fd calculator.

Check out this Fixed Deposit calculator I found on CRED. It helps you calculate the the maturity amounts and interest rates.

earning money is good. but this is just the start. it's important to increase the value of this existing wealth. and this is where investment vehicles like mutual funds come into play. 

to introduce mutual funds briefly, they are investment pools handled by professional fund managers. 

these managers pool in the money from different investors to further invest them in stocks, bonds, money market instruments, and global funds for earning greater returns.  

people often use the terms mutual funds and systematic investment plan (sip) interchangeably. but there is a major difference between the two. 

mutual funds is an investment instrument.

sip is an investment route in mutual funds that allows an investor to invest a fixed amount in weekly, monthly, or quarterly intervals.

this is where the sip calculator for mutual funds comes in effect. this online calculator helps you stay updated by providing estimated values of your mutual fund investment returns.  

this calculator, however, does not take into effect the exit load and expense ratio (if any). thus, it yields "estimated" values. 

to make the sip calculator work, you have to fill in the requisite information in its editable fields. the required information is the monthly investment amount, expected rate of return and investment duration. as you change these numbers, your sip return calculator will change its total investment amount and total expected return.

for instance, if you assume an expected rate of return of 10% and wish to invest for 20 years, here are two indicative scenarios -

to build a maturity corpus of ₹ 50 lakhs, you will have to invest a little over ₹ 6,500 per month. however, if you invest a minimal ₹ 500, you will get around ₹ 3.82 lakhs at the time of maturity.

one of the easiest ways of finding out how much you need to invest, how much you stand to earn or how long you need to invest, is to use the very simple and easy-to-use cred sip calculator.

when you decide to invest in an sip, you will either have a financial goal in mind or a certain amount that you wish to invest.

in the first scenario, an sip return calculator tells you how much you need to invest monthly and for how long, so that you achieve your goal. if you invest for a longer duration, your monthly contribution would be lower, and vice versa.

inversely, if you have a certain amount of money in hand every month that you want to invest in sip, a mutual fund sip calculator will tell you how much you can earn if you invest it for a given number of years. in this case, you can find out the duration that you invest for, to earn your desired amount, if any.

thus, an sip calculator can be of great help in taking the right sip decision. the cred sip calculator can be your perfect tool before starting an sip investment.

if you want to know the probable maturity amount of sip investment, it will depend on your monthly contribution, the rate of return and the duration of your investment. taking all these three together, it is quite complex to calculate the return manually. an online sip return calculator helps you find out the estimated return in the blink of an eye. it gives a breakup of your total investment as well as the earning you can earn from it. these calculators help you to take the right sip investment decision.

the cred sip calculator is one of the most convenient sip calculation tools available online.

how can an sip return calculator help you?

let's assume you are a fresh investor eyeing for sip mutual fund investments. you want to make a rs 2,500 monthly investment for the next 12 months, with an expected return of 12%. 

the sip calculator uses the following formula to generate results: 

fv = p × ({[1 + i]n – 1} / i) × (1 + i).

·       fv = future value earned upon maturity

·       p = fixed investment through sip

·       i = compounded interest rate

now, your monthly return would be 12%/12 = 1/100 = 0.01 

hence, the estimated money you are entitled to earn upon maturity is: 

fv = 2500 ({(1 + 0.01)12 - 1} / 0.01) x (1 + 0.01)

fv = rs 32,017 approximately in 12 months. 

running the numbers on the sip calculator: an example

the advantages of using a sip calculator are manifold. let's discuss them here:

1. choosing the right mutual fund scheme 

we all know mutual funds are subjected to market risks. and no one can give a sure-shot answer on expected returns. this calculator, however, helps you work through these challenges to make an informed decision. 

plugging in your investment values under different sip calculators help you understand your risk-return-ratio. this way, you can choose the scheme that yields the highest return against your investments. 

by using this calculator, you tend to be well-informed of the estimated returns on your periodic investments and the maturity value. 

this way, if you intend to plan a big investment in the future, you can estimate your holding position and take a better planning call. 

this computer-operated calculator saves you a great deal of time and effort into doing calculations and re-calculations to arrive at the estimated returns. 

however, with one simple click, you can access this calculator, plug in your values, and get the result from anywhere in the world.

sips is calculated on compound interest. while a minority of people somehow are able to calculate this manually, it's a complex task for most of us, especially for long-term investments. 

with this calculator, this worry remains no more. these calculators incorporate the compounding function and present quick results as accurately as possible.

some pertinent advantages of the sip calculator

to invest in sip, you have to complete the kyc process, submit the required documents and complete the in-person verification. once done, you can register for the sip. you have to select the sip fund house and the contribution amount. the maturity amount will depend on how much you invest regularly and for how long. you can finalise this by filling your desired amount and duration in an sip return calculator.

a mutual fund sip calculator is the best tool while you decide your sip details. the cred sip calculator is a simple tool that gives you an estimate of the return that you can expect to earn on your sip. 

the four commonly known sips in the market are,

in top-up sip, you can increase your sip amount in regular intervals by investing in mutual funds that are doing well. you can identify such schemes by comparing them on an sip return calculator.

perpetual sip is on where you don’t fill an end date while filling out the sip mandate. you can close the sip once you find that your sip has fulfilled your financial expectations. not that a regular sip can be invested in for a predetermined tenure.

flexible sip allows you to increase or decrease your regular sip amount at your convenience. you can contribute as per your cash inflow, contributing more if you earn a bonus or profit, and even skip an instalment if you are facing a cash shortage.

trigger sip is suitable for people who have good knowledge of the financial market. you can speculate your sip contribution timing after studying the market volatility. you can also seek the help of a mutual fund sip calculator to time your sip investment.

with the cred sip calculator, you can estimate your return by simply filling in the monthly investment, investment tenure, and expected return rate.

what are the different types of sips available?

making an investment decision requires a great deal of time and patience. sip calculators help you achieve your investment goals. utilise them to your advantage to reap the fruits of investment management. 

1.   what happens if the monthly amount is skipped?

there is no penalty. however, the bank may charge a fee in some cases.

yes, it can be stopped by filing an sip stoppage form.

sips are taxed on a first-in-first-out basis.

ideally, sip should be stopped if you find that it is the wrong asset class or fund, the fund is a perennial underperformer, or the sip achieved your financial goals.

5.  can i estimate my sip return online?

you can use an sip calculator to decide the amount and duration that is right for you. always try an sip return calculator rather than finalizing a random monthly contribution amount.

the cred mutual fund sip calculator is a convenient way of finding out the sip numbers that are most suitable for you.

Systematic Investment Plan (SIP) calculator Online: Calculate SIP Returns & Invest in SIP using CRED Calculator. Get the Best Plan to achieve your various financial goals.

SIP Calculator [Mutual Fund Calculator]: Calculate SIP Returns - CRED

an sip calculator is an online tool using which you can decide on your sip monthly investment amount and the investment time period. you can also find out how much you can expect to earn by investing an amount for a specific period

Check out this SIP calculator I found on CRED. It helps you find the total returns from your mutual fund investments and know your future wealth.

planning to buy your dream home? you may have probably discovered that purchasing a house is more complex than you anticipated, especially if you need to apply for a home loan.

crunching the numbers is necessary so that you don’t default later. but for an ordinary citizen with only a vague interest in mathematics, arriving at the right numbers can be an uphill battle.

and you are not alone: millions of indians apply for a home loan each year. 

according to data by the reserve bank of india (rbi), outstanding home loans have been rising in number over the years, peaking at a value of inr 11.6 trillion in 2018-19.