One Lakh Rupees

Six Percent

Effective APY

6.17%

Monthly Compounding

Simple vs Compound Growth (5 Years)

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Yield Comparison

PeriodSimple InterestCompound (APY)Difference
Year 1₹1,06,000₹1,06,168₹168
Year 2₹1,12,000₹1,12,716₹716
Year 3₹1,18,000₹1,19,668₹1,668
Year 4₹1,24,000₹1,27,049₹3,049
Year 5₹1,30,000₹1,34,885₹4,885
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