Financial calculators help users plan loans and investments

Financial Planning Tools

Users can determine monthly loan installment amounts and estimate returns on mutual fund investments made through SIPs. These tools also help find out the maturity amount and interest earned on Public Provident Funds and fixed deposits. Additionally, individuals can estimate their pension amount and the accumulated corpus under the National Pension System.

Context

Financial calculators are common online tools provided by banks and financial platforms to help people plan their personal budgets and savings goals. These tools use standard mathematical formulas based on the inputs provided by the user.