Installment Savings Calculator

Enter your information to calculate your savings.

Important Information

For general taxation, enter 15.4%. For tax-preferential savings, enter 9.5%. For tax-exempt savings, enter 0%.

Installment Savings Calculator Concept & Useful Information

The installment savings calculator is a tool that predicts the total amount you will receive at maturity based on your monthly deposits, interest rate, and savings period.

1. What is Installment Savings?

Installment savings is a financial product where you deposit a fixed amount each month for a set period, earning interest based on the agreed-upon rate, and receive the total amount, including principal and interest, at maturity.

2. Simple Interest vs. Compound Interest

Simple Interest: Interest is calculated only on the deposited principal.
Compound Interest: Interest is added to the principal, and subsequent interest is calculated on the new total.

3. Benefits of Installment Savings

  • Ideal for accumulating a lump sum and encouraging systematic savings
  • Guaranteed principal, making it a stable financial option
  • Automated transfers make saving easy