Our Story
MasterTools was founded in 2020 by a team of finance professionals and tech enthusiasts who recognized a gap in accessible financial planning tools for Indian users. While working at major banks in Mumbai, our founders noticed that most financial calculators were either too complex or not tailored to Indian economic conditions.
What began as a simple Budget Calculator for personal use has now grown into a suite of 12+ specialized tools used by over 500,000 Indians monthly. From college students managing their first salary to retirees planning their investments, MasterTools serves users across all life stages.
Our Mission
Core Values
Transparency
We believe in complete transparency - our tools show all calculations, assumptions, and data sources. Unlike many financial platforms, we don't hide fees or push products.
Accuracy
Our tools are regularly updated to reflect current tax slabs, interest rates, and market conditions. We source data from RBI, SEBI, and other official Indian financial institutions.
User-First Approach
Every tool is designed based on actual user problems. We conduct monthly surveys and interviews to understand the financial challenges Indians face.
What Makes Us Different
India-First Design: Unlike international tools that convert currencies or ignore local tax laws, our calculators are built specifically for Indian users. We account for GST, TDS, and other India-specific factors.
No Registration Required: We believe financial tools should be accessible to everyone instantly. Use all our calculators without creating accounts or sharing personal data.
Educational Focus: Each tool includes detailed explanations of financial concepts in simple Hindi/English. Our goal is to educate while we calculate.
Privacy Commitment: We don't sell user data or show intrusive ads. The site is funded through minimal, non-intrusive advertising.
Our Tools Make Real Impact
Here's how MasterTools has helped real users:
We receive 50+ thank you emails weekly from users who've transformed their financial lives using our free tools. This motivates us to keep improving.
Future Vision
By 2025, we aim to:
We believe every Indian deserves access to quality financial tools regardless of income or education level. Join us in making financial freedom accessible to all.