Savings Calculator (INR)
Plan your financial goals with this simple calculator
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Yr
Projected Savings
Initial Investment
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Total Contributions
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Interest Earned
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Future Value: ₹0
Savings Tips
Start Early
The power of compounding works best when you start saving early, even with smaller amounts.
Regular Contributions
Consistent monthly investments can grow significantly over time due to rupee cost averaging.
Interest Rates
Current FD rates in India range from 5-7.5% for 1-5 year terms. Consider higher-yield options for long-term goals.
Tax Benefits
Explore tax-saving instruments like PPF, ELSS, or NPS that offer EEE (Exempt-Exempt-Exempt) benefits.
Inflation Consideration
Remember that inflation reduces purchasing power. Aim for returns that outpace inflation (currently ~6% in India).