Financial Planning
Savings Calculator
Calculate how your savings grow with compound interest and monthly contributions.
Initial Savings
₨
Monthly Contribution
₨
Amount you save each month
Annual Interest Rate
%
Savings Period
Savings Goal (optional)
₨
Set a target to see progress
Growth
0%
Future Value
₨0
total savings
Total Contributions
₨0
Total Interest Earned
₨0
Final Balance
₨0
Monthly Savings
₨0
Total Months
0
Interest Earned
₨0
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Savings Goal: Not set
How the formula works
FV = P(1 + r)ⁿ + PMT × [((1 + r)ⁿ − 1) / r]
- P = Initial savings (principal)
- r = Monthly interest rate (annual rate ÷ 12 ÷ 100)
- n = Total number of months
- PMT = Monthly contribution
- FV = Future value (final balance)