Interest Comparator - BankBoosta

Compare Investment Options

Principal Amount (₹)

Time Period (Years)

Investment Options (Compare up to 5)

Enter at least 2 investment options to compare

Option 1 Name

Interest Rate (% per annum)

Option 2 Name

Interest Rate (% per annum)

Option 3 Name

Interest Rate (% per annum)

Option 4 Name

Interest Rate (% per annum)

Option 5 Name

Interest Rate (% per annum)

Understanding Interest Comparison

Compound Interest

Compound interest is interest earned on both the principal and accumulated interest. This creates exponential growth, making even small rate differences significant over time.

Factors to Consider

Interest Rate: Higher rates mean more returns
Time Period: Longer periods amplify differences
Risk Level: Higher returns often mean higher risk
Liquidity: Consider access to your funds

Investment Tips

Compare multiple options before investing
Consider your risk tolerance
Diversify your investments
Review and rebalance periodically