Close Button Close Button
X
NRI Services Helpline

Calling FromPhone Number
Calling us from INDIA+91 20 6712 1212
Rest of the World+91 20 6787 1700

Inflation Calculator

Inflation means a general rise in the prices of goods and services over time. For instance, if today something costs ₹100, it might cost ₹125 a few years later. Since the cost of goods and services increases due to inflation, it becomes necessary to plan a corpus that would be sufficient for your future financial goals. This is where the inflation calculator comes into the picture. The inflation calculator tells you the future value of your financial goals and can help you save accordingly. Let’s understand the workings and benefits of the inflation calculator.

Enter below details to show your Future Cost

All fields are Mandatory

Please enter your name
Please enter your mobile number
I agree and consent to the Terms & Conditions and the Privacy Policy
Please agree to Terms and Conditions

Calculate your Life Goal's Future Cost After Inflation

tooltip
Choose the goal you’d like to start investing for

Estimated Amount to be Saved

₹

Min: ₹1,000

Max: ₹10 Crore

Annual Inflation Rate (%)

%

Min: 5%

Max: 13%

I will need the money after

Years

Min: 5 Years

Max: 30 Years

Inflation Calculator
Inflation means a general rise in the prices of goods and services over time. For instance, if today something costs ₹100, it might cost ₹125 a few years later. Since the cost of goods and services increases due to inflation, it becomes necessary to plan a corpus that would be sufficient for your future financial goals. This is where the inflation calculator comes into the picture. The inflation calculator tells you the future value of your financial goals and can help you save accordingly. Let’s understand the workings and benefits of the inflation calculator.

Calculate your Life Goal's Future Cost After Inflation

Choose the goal you’d like to start investing for

Estimated Amount to be Saved

₹

Min: ₹1,000

Max: ₹10 Crore

Annual Inflation Rate (%)

%

Min: 5 %

Max: 13 %

I will need the money after

Years

Min: 5 Years

Max: 30 Years

Here is your Future Cost

Goal Amount

Future Cost
tooltip
This is the value of your investment in future

Future Cost

Goal Amount

Graph Graph
Table Table
Years Investment Amount Estimated Value Estimated Gain
1 ₹ 1,80,000 ₹ 1,92,139 ₹ 12,139
2 ₹ 3,60,000 ₹ 4,08,647 ₹ 48,647

X
Terms & Conditions

I hereby authorize Bajaj Allianz Life Insurance Co. Ltd. to call me on the contact number made available by me on the website with a specific request to call back. I further declare that, irrespective of my contact number being registered on National Customer Preference Register (NCPR) or on National Do Not Call Registry (NDNC), any call made, SMS or WhatsApp sent in response to my request shall not be construed as an Unsolicited Commercial Communication even though the content of the call may be for the purposes of explaining various insurance products and services or solicitation and procurement of insurance business

 

Please refer to BALIC Privacy Policy

Get Your Life Goals, Done!

Tailored Life Insurance Solutions for your long-term Life Goals.

Term Insurance
ULIP Plans
Savings Plans
Guaranteed Return Plans
Retirement Plans
Child Plans
Written ByPalak Bagadia
AboutPalak Bagadia
LinkedIn Icon
Palak Bagadia, Associate – Digital Marketing at Bajaj Allianz Life, with experience spanning content and performance marketing, recruitment, employee engagement in the BFSI industry, with a strong understanding of the insurance sector.
Reviewed ByRituraj Singh
AboutRituraj Singh
LinkedIn Icon
Rituraj Singh,With over 6.5 years of experience in the insurance industry, Rituraj Singh, Manager- Product & Brand Marketing at Bajaj Allianz Life Insurance overlooks new product launches, compliance, and brand projects, leveraging artificial intelligence and technology to enhance outcomes.
Written on: 18th July 2025
Modified on: 22th July 2025
Reading Time: 20 Mins
Share
left arrow icon right arrow icon

Why Use an Inflation Calculator?

The inflation calculator is a beneficial tool that can help with financial planning. Here are some reasons to use it when making financial decisions –


  1. Easy to use

    First of all, the calculator is user friendly and accessible. It is an online tool that you can access from your smartphone or computer. Just enter a few details, and you will be able to figure out the inflated value of your goal so that you can plan your savings.


  2. Free

    The best part about the inflation calculator is that it is free to use. You can use it multiple times without incurring any charge. The calculator can help you determine how much your goals will be worth in the future so that you can plan for them in advance.


  3. Instant and accurate calculations

    The calculator calculates the future value of your goals at a given inflation rate and gives the results instantly. You don’t have to do complex mathematical calculations yourself. The results are also accurate, avoiding the possibility of manual error.


  4. Helps in financial planning

    Planning for your financial goals, not knowing how much corpus you would need, is challenging. You need to know the expected corpus so that you can save optimally. Unplanned savings can create a deficient corpus, which would not be able to meet your financial goals and might cause a strain.

    The inflation calculator solves this problem by giving you the inflated corpus that you will need after a specific period. Once you know how much you would need, you can calculate how much savings would be sufficient to create the desired corpus. This will help you make an informed decision when it comes to savings and investments.


How to Use the Inflation Calculator

Using the inflation calculator is quite easy and simple. All you have to do is enter the following details:


  1. Your life goal:

    The financial goal for which you want to save. It can be marriage planning, taking a vacation, buying a home, retirement planning, saving for your child’s higher education, etc.


  2. Estimated corpus:

    This represents the expected corpus for your financial goal. For instance, if you want to save for your child’s higher education and you believe that you will need ₹25 lakhs for the same, you can enter this amount in this field.


  3. Annual inflation rate:

    This is the inflation rate that you should mention, which would depict the percentage by which the corpus would be inflated every year. You can enter the average inflation rate of the economy to get a realistic value.


  4. Tenure:

    This represents the period after which you would need the corpus to fulfil your financial goal. For instance, if your child is aged 2 years and you want to save for their higher education at 16 years, you have a horizon of 14 years. This would be the tenure after which you would need the corpus.

    Once you enter these details, the calculator will show the expected inflated corpus after the specified tenure. You will be able to see how the estimated corpus has increased over time, and what estimated corpus you will need after the specified tenure.


Conclusion

The inflation calculator is a handy tool that helps you find out the effect of inflation on your savings. Use the calculator to find the estimated value of your future financial goals so that you can save the desired amount to reach the calculated corpus.

The inflation calculator is an essential financial planning tool which, when used correctly, can help you attain financial peace of mind.

Frequently Asked Questions

1. Why is accounting for inflation important in financial planning?

Inflation tends to increase the value of goals over time. It also increases the household expenses over the years. When you don’t factor in inflation, your savings might fall short in fulfilling your financial goals or meeting your household expenses. That is why factoring in inflation is important so that you can save optimally.

2. What inflation rate should I use for calculations?

It is better to study the average inflation rate over the last 10 or 12 years to find out an estimate of  inflation rate.

3. How does inflation affect life insurance coverage?

Inflation reduces the purchasing power of money. So, it impacts your life insurance coverage in the sense that the coverage might prove insufficient to meet your family’s needs after a few years. That is why it is recommended to review and supplement your life insurance coverage over time to tackle the effect of inflation.

4. Can I adjust my existing insurance policy for inflation?

Increasing the sum assured of your existing insurance policy might not be allowed. However, you can buy a new life insurance policy to supplement the coverage to tackle inflation.

5. How often should I review my financial plan for inflation?

It is better to review your financial plan every year to estimate if it is keeping up with inflation, or if you should step up your savings.

6. Does the inflation calculator consider taxes?

No, the inflation calculator does not consider taxes. It is meant to calculate only the effect of inflation on your financial goals.

Read All

Customer Reviews

Customer Rating
4.3
4.3
Reviews by 3124 customers
Rate & Review

(Rate your experience on the website)

Please select the rating to proceed

Close Icon

Tell us how was your experience ?

1. Easily found what I needed

2. Information provided are clear and easy to understand

3. Look and feel of the website is attractive

4. Easy to download all relevant documents

5. User friendly website

6. Write Your Review

500 characters remaining
I agree and consent to the Terms & Conditions, Privacy Policy
×

Terms & Conditions

I hereby authorize Bajaj Life Insurance Co. Ltd. to call me on the contact number made available by me on the website with a specific request to call back. I further declare that, irrespective of my contact number being registered on National Customer Preference Register (NCPR) or on National Do Not Call Registry (NDNC), any call made, SMS or WhatsApp sent in response to my request shall not be construed as an Unsolicited Commercial Communication even though the content of the call may be for the purposes of explaining various insurance products and services or solicitation and procurement of insurance business

Please refer to BALIC Privacy Policy

Checked Thanks Icon

Thank You.

Your review has been submitted successfully.

Go Back

Customer Speaks

Happy with the services
I have invested in various products of Bajaj Allianz Life Insurance - I am happy with the services, returns and diversified product portfolio.
Rashmi Bhavnani
5
Satisfied, Trust
I am a happy customer who is satisfied with the after sales service. I have full trust in Bajaj Allianz Life Insurance Company.
Shrikant A Karande
5
Happy with the returns
I was introduced by my advisor to invest in Bajaj Allianz Life Insurance .I have invested in the same and am happy with the returns and services.
Kavita Goplani
5
Very Happy
I am a 7 year old customer of Bajaj Allianz Life Insurance and very happy about the services.
Dhruv Soni
5

Life Insurance Guide

  • Articles

  • Calculators

  • Podcasts

  • Videos

Search Symbol

Why Should You Invest In SIP

We all have various financial obligations like daily needs, school fees, and short trip with family or buying a fancy gadget where we require onetime payment for which money

How To Diversify Your Portfolio?

It is because a balanced meal contains all the important nutrients that your body needs and that too in the right quantity.

3 Types Of Investment And Insurance Plans

From the time you start earning, the chances of accumulating funds are higher. However, the savings habit inculcated in Indians overlooks the benefits of

Investment Tips to Stay Financially Fit for Long Term

When it comes to money, having ups and downs in dealing with it may be something you should expect. However, it may be the bigger picture that truly matters.

Child Education Planning Tool

A simple to use and comprehensive tool to plan for your child's education.

Term Insurance Calculator

An easy to use Term Insurance calculator to determine the right life cover amount as per your needs.

Savings to Life Goals Convertor

Use this calculator to know how savings from regular expenses can help you achieve your Life Goals.

Financial Fitness Calculator

Get to know your Financial Fitness Score by answering few simple questions.

Immunity Score Calculator

Use our immunity calculator to find out your immunity score in just a few clicks!

ULIP Calculator

Know the amount to invest today to have the corpus to accomplish your Life Goals tomorrow.

Power of Compounding Calculator

Get an estimate of how much your investment will grow over a period of time.

Income Tax Calculator

Know your income tax based on the taxable income and explore Life Insurance plans to save more tax.

Child Plan Calculator

A simple to use calculator that helps you plan for fulfilling your Child's Life Goals.

Retirement Calculator

Calculate the amount you need to invest today to accomplish your retirement life goals.

Investment Calculator

Answer a few simple questions to know estimated corpus you will have to fulfil your Life Goals.

Body Mass Index (BMI) Calculator

Body Mass Index (BMI) is a measure to understand whether your body weight is healthy as per your height.

SIP Calculator

Plan your investments effortlessly and achieve your financial goals with our easy-to-use SIP Calculator

How to Retire Rich

ft. Mr. Sameer Joshi, Chief Agency Officer, discussing how to manage finances for financial freedom.

Decoding Union Budget FY24

Mr. Sampath Reddy, Chief Investment Officer, shares his views on the Union Budget 2023.

Will Writing Simplified

Mr. Dheeraj Sehgal, CDO – IB & Mr. Jatin Popat, WillJini discuss Will Writing & Succession Planning.

Buidling Wealth with SISO

ft. Mr. Ajay Rajvanshi, Sr. EVP, as he shares his views on building wealth with SISO.

NRIs and Investment in India

Mr. Rajesh Krishnan, COO, discusses immense investment potential of India for NRIs.

Life Insurance Made Easy | Policy Admin Charges

Explore the management of life insurance processes with Policy Administration Charge in this video

Life Insurance Made Easy | Endowment

Wondering about combining life insurance and long-term savings? Explore Endowment Plan benefits and suitability here

Life Insurance Made Easy | Waiver of Premium

Discover how the waiver of premium provision can protect you from financial burdens in times of Death, critical illness or disability

Life Insurance Made Easy | Solvency Ratio

Discover the importance of solvency ratio for insurance companies and its implications in this insightful video

Close Button
Disclaimers:
Plus Symbol
Minus Symbol

BJAZ-WP-ECNF-16118/25

© Copyright 2025. Bajaj Life Insurance Limited. All Rights Reserved.
BEWARE OF SPURIOUS PHONE CALLS AND FICTITIOUS / FRAUDULENT OFFERS
IRDAI or its officials do not involve in activities like selling insurance policies, announcing bonus or investment of premiums. Public receiving such phone calls are requested to lodge a police complaint.
IRDAI Public Notice on Spurious calls
Fraud Prevention Tips
Fraud Awareness Booklet
Sabse Pehle Life Insurance
Bajaj Life Insurance Limited (Formerly known as Bajaj Allianz Life Insurance Company Limited). All Rights Reserved. | IRDAI Reg. No. 116 | An ISO 27001:2013 Certified IT Department
Contact Us

Sales: 022 6124 1800 | Service: 020 6712 1212

Email: customercare@bajajlife.com

Registered Office Address

Bajaj Insurance House, Airport Road, 

Yerwada, Pune, Maharashtra - 411006

Download Mobile App
Follow Us On
Life Insurance Plans
Tools & Calculators
Insurance Coverage Plans
Insurance for All
Affordable Term Plans
Policy Term Plans
Insurance Guide for Women
NRI Plans - Canada
NRI Plans - Singapore
NRI Plans - Saudi Arabia
NRI Plans - UAE
NRI Plans - United States
NRI Plans - Oman
NRI Plans - Qatar
NRI Plans - Kuwait
NRI Plans - Australia
NRI Plans - UK
Know More
Customer Service
Life Insurance Guide
Customer Support
Announcements
Distribution Channels List
Tools & Support

© Bajaj Life Insurance Limited (Formerly known as Bajaj Allianz Life Insurance Company Limited). All Rights Reserved. | IRDAI Reg. No. 116 | An ISO 27001:2013 Certified IT Department

CIN: U66010PN2001PLC015959 | Registered Office Address: Bajaj Insurance House, Airport Road, Yerawada, Pune - 411006, Maharashtra

Email: customercare@bajajlife.com | Customer Care No.: 020 6712 1212

Disclaimer: Images used on this website and the models photographed in them are for representative purposes only and are not indicative of anyone's personal thoughts or ideas.

The Logo of Bajaj Life Insurance Limited is provided on the basis of license given by Bajaj Finserv Ltd. to use its “Bajaj” Logo.

Website Compatible Browsers: IE11, Firefox, Safari, Opera, Chrome

Disclaimer

For more details on risk factors, terms and conditions, please read sales brochure carefully before concluding a sale. The terms and conditions of product/plan as contained in the Policy Document issued by the Company is available on the Web Site. The names of the Company, Products/Plans/funds do not indicate the quality and its future prospects or returns. IN ULIPs, THE INVESTMENT RISK IN THE INVESTMENT PORTFOLIO IS BORNE BY THE POLICYHOLDER. Unlike traditional products, Unit linked insurance products are subject to market risk, which affect the Net Asset Values & the customer shall be responsible for his/her decision. Tax benefits are as per the prevailing Income Tax Laws including the Income Tax Act, 1961 and are subject to change from time to time. Goods and Services Tax will have to be borne by the Policyholder as per applicable rates. All other charges shall be levied in accordance with the terms and conditions of the policy.

This calculation and results displayed are based on information provided and certain assumptions about the rates of return. It is for assistance only and does not constitute an offer or solicitation. It is not intended to be and must not alone be taken as the basis for an investment decision. Kindly note that the returns are only illustrative and they are not guaranteed. The returns do not indicate the upper or lower limits of the return that you may get with your policy and the value is dependent on a number of factors including future performance. Bajaj Life Insurance Limited shall not be in any way responsible for any loss or damage that may arise to any person from any inadvertent error in the information reported by the calculator.

1©2021 Morningstar. All Rights Reserved. The Morningstar name and logo are registered marks of Morningstar, Inc. The information, data, analyses and opinions ("Information") contained herein: (1) include the proprietary information of Morningstar and its content providers; (2) may not be copied or redistributed except as specifically authorized; (3) do not constitute investment advice; (4) are provided solely for informational purposes; (5) are not warranted to be complete, accurate or timely; and (6) may be drawn from fund data published on various dates and procured from various sources. Morningstar, its affiliates, and its officers, directors and employees shall not be liable for any trading decision, damage or any other loss arising from using the Information. Please verify all of the Information before using it and do not make any investment decision, except upon the advice of a professional financial adviser. Past performance is no guarantee of future results. The value and income derived from investments may go down as well as up

Disclaimer
close
Ask for an Agent
Sign up for personal visit and tailored advice from our expert agents

Claim Settlement Ratio of 99.29%~