Compound Interest Calculator
See how your investments grow over time with the power of compound interest
Input Parameters
₹
₹
%
years
Final Amount
₹1,13,669.42
Total Invested
₹70,000.00
Interest Earned
₹43,669.42
Breakdown
Initial Investment₹10,000.00
Total Monthly Contributions₹60,000.00
Interest from Principal₹12,196.40
Interest from Contributions₹31,473.02
Final Amount₹1,13,669.42
Composition
Principal8.8%
Contributions52.8%
Interest Earned38.4%
What is Compound Interest?
Compound interest is the interest calculated on the initial principal and also on the accumulated interest from previous periods. It's often called "interest on interest" and can significantly increase your returns over time.
Albert Einstein reportedly called compound interest "the eighth wonder of the world" because of its powerful effect on growing wealth over time.
Tips for Maximizing Returns
- •Start investing as early as possible to maximize time in the market
- •Make regular monthly contributions to accelerate growth
- •Choose investments with higher compounding frequencies when possible
- •Reinvest dividends and returns to benefit from compound growth