Compound interest is the interest calculated on the initial principal, which also includes all of the accumulated interest from previous periods. It's often called 'interest on interest' and is crucial for financial planning as it can significantly grow your wealth over time.

Our calculator uses the standard compound interest formula to project the future value of your investment. It considers your initial principal, interest rate, investment tenure, and any regular periodic deposits to give you a comprehensive view of your investment's growth.

Deposits made at the 'beginning' of a period start earning interest immediately for that period. Deposits made at the 'end' only start earning interest in the next period. Over long durations, beginning-of-period deposits result in higher returns.

This calculator shows the nominal future value. To find the 'real' value, you should use an interest rate that is adjusted for inflation (e.g., if returns are 10% and inflation is 4%, use 6%). Taxes on gains will also reduce your final amount and should be considered separately.

The future value of ₹1 lakh invested for 10 years at 8% annual compound interest would be approximately ₹2.16 lakhs. Our calculator can instantly compute these values for any amount, interest rate, and time period.

For a ₹10,000 monthly SIP for 20 years at 12% annual returns, the future value would be approximately ₹1 crore. At 10% returns, it would be around ₹76 lakhs. Our calculator helps you see how different rates affect your SIP investments.