Simple Interest Calculator

Use this tool to calculate the simple interest earned on your investment. Adjust the sliders to see how different principal amounts, interest rates, and time periods affect your final interest.

₹1,000₹1,00,00,000
1.00%20.00%
1 years50 years

Total Interest

₹0
Principal Amount₹50,000
Maturity Amount₹0

How Simple Interest Calculator Works

Simple interest is calculated using the formula:

Interest = P × r × t

Where:
P = Principal Amount
r = Annual Interest Rate
t = Time Period (in years)