Simple Interest Calculator
Calculate simple interest on a loan or deposit over a fixed period.
Total Amount
₹1,00,000
Principal
₹1,00,000
Simple Interest
₹0
Amount Breakdown
Principal₹1,00,000
Simple Interest₹0
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What is a Simple Interest Calculator?
A simple interest calculator computes interest on a fixed principal amount for a given period, without compounding — meaning interest is always calculated on the original amount only, never on interest already earned.
This makes the growth linear rather than exponential, unlike compound interest. It is useful for understanding short-term loans and certain fixed-rate products where simple interest terms apply.