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New suite of calculators lets users compute loan payments, SIP returns and retirement benefits

Reported by Deepak Mishra (Copy Editor) · Times of India - Top Stories ·

Verified — Confirmed by a second source: NDTV - Top Stories

Confirmed by a second source: NDTV - Top Stories

Important
GeneralNew suite of calculators lets users compute loan payments, SIP returns and retirement benefits

A set of online calculators now lets users estimate key financial figures across several popular products. One tool calculates the monthly installment amount for any loan based on principal, rate and tenure. Another estimates the returns on systematic investment plans, showing how regular contributions can grow over time. A third provides the maturity amount and interest earned on a Public Provident Fund account, helping savers see the total benefit at the end of the term. A separate fixed‑deposit calculator reveals the final amount and interest earned for a chosen deposit period and rate. There is also a pension calculator that works out the expected monthly pension and the corpus accumulated under the National Pension System. Finally, a mutual‑fund calculator projects the future value of investments, allowing users to gauge potential growth before committing money. Together, these calculators give individuals clear numbers to plan loans, savings and retirement decisions.

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