Start your
journey with us

ULIP

Power of
compounding

1 2

Tell us your requirement

You will be able to generate total corpus of

₹ 5,14,00,000 5.14 Crores

Get 5% discount on online buying Save 2.5% on total by paying premium annually

OTP verification

Kindly enter the OTP sent on your mobile no. +91 736365432 Edit

00:00

To fulfill
your goal

Diamond Savings Plan

key benefits

  • Guaranteed income after the premium payment term
  • The benefit of a life cover throughout the policy term
  • Enhanced protection with optional riders

Need help to choose the right plan?

+91

By submitting your details, you are giving your consent to receive SMS/Call by Tata AIA Life Insurance Company Limited or its representative, with reference to this solicited inquiry even though you may be registered on the DND list. L&C/Advt/2019/Jan/075

People frequently asked us about…
What is compound interest?

Compound interest is the interest that you earn on interest. In other words, the money you invest earns some interest, and that interest is again reinvested, so it also goes on to earn more interest. 

For example, say you have invested Rs. 1,000 in a plan that offers 5% compound interest annually. At the end of the first year, your money would have grown to Rs. 1,050 due to an interest of Rs. 50 (Rs. 1,000 x 5%).

Then, at the end of the second year, your money would have grown to Rs. 1,102.50 due to an interest of Rs. 52.50 (Rs. 1,050 x 5%). In other words, you have earned interest upon your interest, which is essentially what compound interest is.

What is the power of compounding?
The power of compounding is a mathematical phenomenon that grows your wealth exponentially. The profit or the interest that you earn on the initial principal is reinvested, so you earn exponential returns instead of linear gains. When used well, the power of compounding has the potential to help you achieve the level of corpus that you are interested in accumulating by a specific stage in your life.
What is the power of compounding calculator?

The power of compounding calculator is a free online tool that can help you understand how your money will likely grow, given certain set parameters like the tenure of investment, and the rate of interest or growth. You can make use of this free online tool to get more insights into how much you need to save, and for how long, in order to let your money grow up to the level you want it to.

How do I make use of the power of compounding calculator?

You can use the power of compounding calculator from Tata AIA Life Insurance free of charge. Simply enter the necessary details, such as the amount you would like to invest, the frequency at which you would prefer to invest it, the investment tenure, the assumed rate of interest, and the period for which you would like to stay invested. Once you have entered these details, the calculator shows you how much your corpus would grow to be. 

How can I make the most of the power of compounding?

To maximize the effect of the power of compounding, you can follow some practical ideas such as:

  • Start investing as early in life as possible 

  • Invest wisely, and choose products that offer higher rates of returns

  • Continue to invest regularly and consistently