How It Works

This Interest Calculator helps you easily calculate Simple Interest, Compound Interest, Fixed Deposit maturity value, and Recurring Deposit returns. All formulas used are accurate and follow standard financial calculations.

📌 Features

• Calculates Simple Interest & Compound Interest instantly
• FD (Fixed Deposit) maturity amount with compounding
• RD (Recurring Deposit) maturity amount with monthly investment
• Fully responsive and mobile-friendly UI
• Auto-shows only relevant fields based on type (e.g., Monthly for RD, Frequency for CI/FD)

📘 How to Use

• Select the calculation type from the dropdown.
• Enter the principal amount (not required for RD).
• Enter the rate of interest.
• Enter the time period in years.
• If you select CI or FD, choose compounding frequency.
• If you select RD, enter the monthly deposit.
• Click on Calculate to view results instantly.