Compound interest calculator
See how savings grow with a monthly top-up, for a fixed deposit, ASB, Tabung Haji or EPF. Enter a starting amount, a monthly amount and a yearly rate.
| Year | Paid in | Balance |
|---|---|---|
| 1 | RM13,600 | RM14,086 |
| 2 | RM17,200 | RM18,339 |
| 3 | RM20,800 | RM22,765 |
| 4 | RM24,400 | RM27,372 |
| 5 | RM28,000 | RM32,166 |
| 6 | RM31,600 | RM37,155 |
| 7 | RM35,200 | RM42,348 |
| 8 | RM38,800 | RM47,752 |
| 9 | RM42,400 | RM53,377 |
| 10 | RM46,000 | RM59,231 |
How it works
With monthly crediting, each month your top-up is added and a twelfth of the yearly rate is paid on the whole balance. With yearly crediting, the return is paid once a year on the opening balance plus each top-up for the months it was held, which is close to how ASB and EPF work out their payouts on your average balance.
Examples after 10 years
| Start | Monthly | Rate | Monthly crediting | Yearly crediting |
|---|---|---|---|---|
| RM10,000 | RM0 | 3% | RM13,494 | RM13,439 |
| RM10,000 | RM300 | 4% | RM59,231 | RM58,961 |
| RM0 | RM500 | 5% | RM77,965 | RM77,511 |
| RM50,000 | RM1,000 | 6% | RM255,669 | RM252,852 |
The rate and the time matter more than small changes to the top-up. RM500 a month at 5% for 20 years grows to RM206,373, while RM120,000 of it is money you put in.
Fixed deposits, ASB and EPF
- Fixed deposits usually pay interest at maturity. Renewing a 12-month FD and keeping the interest in gives yearly compounding.
- ASB pays a yearly distribution on your average monthly minimum balance; reinvesting it compounds your units.
- EPF credits its dividend once a year on your daily balance, so contributions made early in the year earn more.
Tax on returns
For individuals, interest from licensed banks in Malaysia, ASB distributions and EPF dividends are generally not taxed, so the figures here are close to what you keep. Inflation still reduces what the final amount will buy, so compare your rate with the consumer price index when you judge real growth.
FAQ
What is RM10,000 at 4% for 10 years?
About RM14,908 with monthly crediting and RM14,802 with yearly crediting, with no top-ups.
Which setting should I use for EPF?
Yearly crediting. EPF declares its dividend once a year and credits it on the average daily balance, which the yearly setting approximates.
Does the calculator include tax?
No tax is deducted. Bank interest, ASB distributions and EPF dividends are generally tax-free for individuals in Malaysia.
Sources
Checked 28 September 2026. OneCalcs is independent and not affiliated with LHDNM, KWSP, PERKESO, the Royal Malaysian Customs Department or the Ministry of Human Resources.