Financial Year 2021-2022
Interest is a fee on the money you invest, borrow or take as a loan. Simple In Simple Interest, the interest rate only applies to the loan or investment's principal amount and will not modify if any other interest occurs, unlike compound interest. Our SI Calculator is a handy tool for computing interest on loans and savings accounts without compounding.
With our Simple Interest Calculator, you can quickly and efficiently calculate all the simple interest amounts, irrespective of the amount.
Unlike the conventional offline SI calculators, our online SI calculator gives you instant results even for complex calculations with a hundred per cent accuracy.
Our Simple Interest Calculator lets you compare simple interest rates against compound interest rates while determining the current value of money.
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