The Compound Interest Calculator - Axis Bank is a powerful financial tool that assists users in estimating the growth of their investments. It provides a quick and accurate way to compute returns based on the principal amount, interest rate, tenure, and compounding frequency, making it an essential tool for informed financial planning.
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Investment Plans
Generate wealthEarn 1 Cr# in maturity with Zero LTCG tax¶
Double tax savings^On premiums (under 80C) and on maturity (under
10(10D))
What is a Compound Interest Calculator - Axis Bank?
The Axis Bank Compound Interest Calculator is an online tool designed to calculate the interest earned on investments with the power of compounding. Unlike simple interest, compound interest accumulates not only on the principal amount but also on the previously earned interest, helping your money grow exponentially.
Key Features
User-Friendly Interface: Simplifies complex calculations with an easy design.
Instant Results: Quickly computes interest and maturity amounts based on user inputs.
Customizable Options: Allows users to adjust parameters like principal, interest rate, and compounding frequency.
Uses of a Compound Interest Calculator - Axis Bank
Below are the uses of Compound Interest Calculator-Axis Bank:
Investment Planning: Helps users estimate the future value of their investments.
Comparison Tool: Enables comparisons between various savings and deposit schemes.
Educational Resource: Enhances understanding of the impact of compounding on investments.
Power of Compounding Calculator
YOU INVEST
YOU GET
Investing Amount
₹500₹150,000
Invest for (in years)
1
2
3
4
5
6
7
8
9
10
Stay invested for (in years)
1
3
5
10
15
20
25
30
Interest rate
1%25%
Sensex has given 10% return from 2010-2020
Steps to Use an Online Axis Bank Compound Interest Calculator by Policybazaar
The Axis Bank Compound Interest Calculator by Policybazaar is a must-have tool for anyone aiming to make sound financial decisions. By leveraging this calculator, users can easily visualize the growth of their investments and optimize their savings strategies. Whether you are planning for a short-term expense or a long-term goal, this tool ensures your financial planning is on track.
FAQs
Can I use the Axis Bank Compound Interest Calculator for different investment tenures?
Yes, the calculator allows users to select various tenures to compute returns.
How does compounding frequency affect my returns?
Higher compounding frequencies, such as monthly or quarterly, result in greater returns compared to annual compounding.
Is the Axis Bank Compound Interest Calculator free to use?
Yes, it is free and accessible online for all users.
Can the calculator be used for recurring deposits?
Yes, the calculator works for both fixed deposits and recurring deposits offered by Axis Bank.
˜Top 5 plans based on annualized premium, for bookings made in the first 6 months of FY 24-25. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. This list of plans listed here comprise of insurance products offered by all the insurance partners of Policybazaar. For a complete list of insurers in India refer to the Insurance Regulatory and Development Authority of India website, www.irdai.gov.in
Disclaimer: #The investment risk in the portfolio is borne by the policyholder. Life insurance is available in this product. The maturity amount of Rs 1 Cr. is for a 30 year old healthy individual investing Rs 10,000/- per month for 30 years, with assumed rates of returns @ 8% p.a. that is not guaranteed and is not the upper or lower limits as the value of your policy depends on a number of factors including future investment performance. In Unit Linked Insurance Plans, the investment risk in the investment portfolio is borne by the policyholder and the returns are not guaranteed. Maturity Value: ₹1,05,02,174 @ CAGR 8%; ₹50,45,591 @ CAGR 4%. *Tax benefits and savings are subject to changes in tax laws. All plans listed here are of insurance companies’ funds.
Past 10 Years' annualised returns as on 01-07-2025
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
*All savings are provided by the insurer as per the IRDAI approved insurance plan.
Tax benefit is subject to changes in tax laws. Standard T&C Apply
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ
^^The information relating to mutual funds presented in this article is for educational purpose only and is not meant for sale. Investment is subject to market risks and the risk is borne by the investor. Please consult your financial advisor before planning your investments.
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
**Returns are based on past 10 years’ fund performance data (Fund Data Source: Value Research).
Generate wealth Earn 1 Cr# in maturity with Zero LTCG tax¶
Double tax savings^ On premiums (under 80C) and on maturity (under 10(10D))
Compare & Choose 30+ Plans and 150+ Fund options
