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Online calculators simplify personal finance planning for Indian investors

Reported by Ananya Das (Senior Writer) Β· Times of India - Top Stories Β·

Unconfirmed β€” Reported by one source so far

Reported by one source so far

Worth knowing
Online calculators simplify personal finance planning for Indian investorsPhoto: Wikimedia Commons

A suite of online calculators now lets Indian investors quickly estimate returns across popular savings and investment products. One tool calculates the monthly installment amount for a loan based on principal, interest rate and tenure. Another estimates the returns on systematic investment plans (SIPs) by projecting future value from regular contributions. A separate calculator shows the maturity amount and interest earned on a Public Provident Fund (PPF) account. Yet another works out the maturity amount and interest earned on a fixed deposit (FD). There is also a pension calculator that estimates the corpus accumulated and monthly payout under the National Pension System (NPS). Finally, a mutual fund calculator helps users gauge the future value of investments in mutual fund schemes. ## Context These calculators are designed to help individuals make informed decisions about borrowing, saving and investing without needing complex spreadsheets.

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