Compound Interest Calculator
Calculate compound interest with monthly, quarterly, yearly or daily compounding. See year-by-year growth.
5.0 yr
MATURITY AMOUNT
₹1.49 L
PRINCIPAL
₹1.00 L
TOTAL INTEREST
₹48,985
EFFECTIVE RATE
8.30%
Yearly Breakdown
| Year | Interest | Balance |
|---|---|---|
| 1 | ₹8,300 | ₹1.08 L |
| 2 | ₹17,289 | ₹1.17 L |
| 3 | ₹27,024 | ₹1.27 L |
| 4 | ₹37,567 | ₹1.38 L |
| 5 | ₹48,985 | ₹1.49 L |
💡 The Power of Compound Interest
Compound interest means earning interest on your interest — creating exponential growth over time. The more frequently interest is compounded (daily > monthly > quarterly > yearly), the more you earn.
Banks and FDs typically compound quarterly. SIPs and mutual funds compound at market rates. Our calculator shows you the maturity amount, effective rate, and a year-by-year breakdown of how your money grows.
₹1 Lakh at 8% for 5 years: Yearly compounding → ₹1,46,933 | Monthly → ₹1,48,985 | Daily → ₹1,49,182. Monthly compounding earns ₹2,052 more than yearly!