Simple Interest Calculator
Quickly calculate simple interest on loans and deposits using the classic principal, rate, and time formula.
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₹ 50,000
₹
₹ 1,000₹ 50,000,000
7.5 %
%
0.5 %30 %
3 Years
Years
1 Years30 Years
Simple Interest Result
Total Maturity Amount
₹ 61,250
Total Simple Interest
₹ 11,250
Initial Principal
₹ 50,000
Interest Per Year
₹ 3,750
Interest Per Month
₹ 313
Formula & Calculation Methodology
SI = (P x R x T) / 100
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