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Compound interest.

Yearly, half-yearly, quarterly, or monthly. The table stops at 20 rows; the total still uses the full period.

₹ 14.9 Lakh

Interest earned ₹ 4.86 Lakh. Formula: P × (1 + r/n)^(n×t).

Balance by year
YearBalance
1₹ 10.8 Lakh
2₹ 11.7 Lakh
3₹ 12.7 Lakh
4₹ 13.7 Lakh
5₹ 14.9 Lakh