Simple Interest Calculator
Calculate simple interest and the total repayment amount on a principal sum over a given time period.
Enter Details
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Result
Total Amount
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Principal
₹0
Simple Interest
₹0
About Simple Interest Calculator
Simple interest is calculated only on the original principal amount, unlike compound interest which is calculated on principal plus accumulated interest.
SI = (P × R × T) ÷ 100
Here P is the principal, R is the annual interest rate, and T is the time period in years.
Note: This calculator provides an estimate. Actual interest terms depend on the lender or financial product.