PPF Calculator
Total Investment: $ 0
Interest Earned: $ 0
Maturity Value: $ 0
About Our PPF Calculator
The Public Provident Fund (PPF) is a long-term investment vehicle popular in India, offering attractive interest rates and tax benefits. Our PPF Calculator helps you estimate the maturity value of your PPF investment. By providing the annual investment amount, the expected interest rate, and the investment tenure, you can get a clear projection of your savings growth.
How to Use the PPF Calculator
- Enter the Annual Investment: This is the amount you plan to invest in your PPF account each year.
- Enter the Expected Annual Return: This is the interest rate applicable to the PPF scheme for the given year.
- Enter the Time Period: The default tenure for a PPF account is 15 years.
- Click "Calculate PPF": The calculator will display the total investment, the interest earned, and the final maturity value of your PPF investment.
Frequently Asked Questions (FAQ)
- What is the Public Provident Fund (PPF)?
- The Public Provident Fund is a savings-cum-tax-saving instrument in India, introduced by the National Savings Institute of the Ministry of Finance in 1968. It aims to mobilize small savings by offering an investment with reasonable returns combined with income tax benefits.
- What is the lock-in period for a PPF account?
- A PPF account has a lock-in period of 15 years. However, partial withdrawals are allowed from the 7th financial year onwards.
- Is the interest rate on PPF fixed?
- No, the interest rate for the PPF scheme is reviewed and announced by the government on a quarterly basis.