Kotak Assured Savings Plan
A plan that offer guaranteed returns and financial protection for your family.
Kotak Guaranteed Savings Plan
A plan that offers long term savings and insurance in one premium.
Kotak Lifetime Income Plan
Retirement years are the golden years of life.
Our representative will get in touch with you at the earliest.
Amount You Would Like To Invest?
Number Of Years You Want To Invest?
Number Of Years Stay Invested For?
Years you want to Invest cannot be less than Stay Invested
Expected Interest Rate (P.A.)
Experience the power of compounding and see how much your wealth can grow with the help our quick Compound Interest Calculator.
Visit the Compound Interest Calculator page to plan for your future goals.
Compound Interest Calculator can be used to calculate future expenses for many goals. Enter your details carefully to ensure an accurate result.
Hit enter and check your amount. You can use this calculator to check different amounts and plan your SIP investments.
Compounding is a process in which one can generate additional earnings over time from either their asset’s gains or interest.
Compound Interest usually refers to the interest affiliated with a bank account, loan, or investment that accumulates over time rather than directly. A Compound Interest calculator is a great tool to know your earnings.
Compound Interest is calculated on the primary capital funds, which also includes all of the interest earned from the prior period on any deposit or a loan. You can find a Compound calculator online to quickly run the numbers.
Simple Interest is when, interest is paid only on the amount of capital investment or capital deposited. Whereas, Compound Interest pays “interest on interest”.
Growing your wealth exponentially and adding the profits earned back to the primary amount. This entire sum can be reinvested to gain momentum in the profit earning process. This idea of growing wealth is known as power of compounding.
Compound Interest is calculated, after accounting for the total amount over a period of time, the rate of interest, and the initial assets. A = P (1+ r/n)nt
In addition, one can calculate the Compound Interest by subtracting the principal from the amount. You can calculate the compound interest using this formula: CI = P (1+ r/n)nt - P
Here,
Calculating Compound Interest online is very convenient with the help of the Compound Interest rate calculator.
The total interest one pays over time is called Cumulative Interest. Whereas, Compound Interest is a way the interest is calculated. Compound Interest is gained by applying both the principal and past interest.
You may avail of tax benefits under Section 80C and Section 10(10D) of Income Tax Act, 1961 subject to conditions as specified in those sections. Tax benefits are subject to change as per tax laws. Customer is advised to take an independent view from tax consultant.
The calculation is generated on the basis of information provided and does not constitute an offer or solicitation for the purpose of purchase or sale of any product. Further customer is the advised to go through the sales brochure before conducting any sale. Ref No:KLI/22-23/E-WEB/1812.
BEWARE OF SPURIOUS PHONE CALLS AND FICTIOUS/FRADULENT OFFERS
IRDAI is not involved in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.
Kotak Mahindra Life Insurance Company Ltd ; Regn. No.:107, CIN : U66030MH2000PLC128503, Regd. Office: 8th Floor, Plot # C- 12, G- Block, BKC, Bandra (E), Mumbai- 400 051. Website: https://www.kotaklife.com, |Whatsapp:9321003007 |Toll free No: 1800 209 8800.
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