Interest Computation
Simple Interest Calculator
Calculate the simple interest accumulated on personal loans, unsecured debts, bonds, or short-term deposits using the standard financial formula (P × R × T) / 100.
Interest Parameters Real-Time
Maturity Breakdown
Total Repayment / Maturity Value
₹ 1,25,500
Principal Amount (P):
₹ 1,00,000
Total Simple Interest (SI):
₹ 25,500
Formula & Mathematical Calculation
Simple Interest (SI) = (Principal × Rate × Time) / 100
Total Amount (A) = Principal + Simple Interest
Total Amount (A) = Principal + Simple Interest
Unlike compound interest, simple interest does not compound on past earned interest; it is computed exclusively on the original initial principal balance across all years.