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New Online Tool Lets Users Compute Loans, SIPs, PPF and FD Returns

Reported by Shreya Kapoor (Senior Writer) · Times of India - Top Stories ·

New Online Tool Lets Users Compute Loans, SIPs, PPF and FD ReturnsRepresentative image · Wikimedia Commons

A new digital calculator has been launched to help people work out key financial figures. Users can input loan details to see the exact monthly installment they will need to pay. The same platform estimates the future value of systematic investment plans, showing how much an SIP could grow over time. It also calculates the maturity amount and interest earned on a public provident fund account. In addition, the tool provides the final payout and interest from a fixed deposit based on the entered tenure and rate. The calculator aims to simplify personal finance planning for students and professionals alike, allowing quick comparisons without consulting a banker. By covering four common financial products in one place, it promises to save time and reduce errors in budgeting decisions.

Read more at Times of India - Top Stories