Savings goal calculator
See exactly how many months it takes to reach any savings target — a down payment, a trip, an emergency fund.
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Time to reach your goal
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Balance growth
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How this is calculated
Each month, your existing balance earns interest and you add a fresh contribution. This calculator simulates that growth month by month until your balance reaches your target.
Balancen = Balancen-1 × (1 + r) + Monthly Savings
Example: saving ₹10,000/month at 7% annual return reaches a ₹5,00,000 goal in about 45 months — roughly 4 months sooner than with no interest at all.
Tips to reach your goal faster
- Automate the monthly transfer so saving isn't a decision you re-make every month.
- Put any bonus or refund directly toward the goal instead of spending it.
- Choose an account or fund that matches your timeline — don't lock up money you'll need soon.
- Revisit the goal every few months and increase contributions as your income grows.
Frequently asked questions
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