Simple Interest Calculator
Calculate the interest earned using the simple interest formula — no compounding, just straightforward P × R × T.
Maturity Amount
₹1,40,000
₹667/month interest income
Principal₹1,00,000
Total interest₹40,000
Formula: SI = P × R × T / 100 = ₹1,00,000 × 8% × 5 = ₹40,000