PPF Calculator

PPF account refers to a Public Provident Fund account, it is a savings account for investing capital. It is a better ideal for new employees or responsible parents who want to save for the future. PPF accounts offer substantial risk-free returns to investors.

The PPF Calculator is a simple tool , and it can help you estimate the maturity amount of your PPF investment. To use the calculator, follow these steps:

1. Enter the investment amount you will invest in PPF.
2. Select the investment frequency (yearly, quarterly, or monthly).
3. The interest rate is fixed at 7.1% per annum.
4. Choose the tenure of your PPF investment (minimum 15 years, maximum 30 years).
5. At the end, The calculator will show the estimated maturity amount based on your inputs.

Plan your investments: It can help you visualize how your PPF grows, thus helping you plan your contributions to reach desired financial goals, such as children's education, marriage, etc.

To maximize your contributions: It can help you effectively utilize the full Rs.1.5 lakh annual limit by understanding how different contribution frequencies impact returns.

Track your progress: You can monitor your PPF's growth over a period, keeping you motivated enough to remain on track to get your financial goals.

The PPF calculator makes it easy for you to keep track of the account balance and growth. It can also aid in resolving your queries regarding changing interest rates or how they affect your maturity value.

1. Equity-Linked Saving Scheme (ELSS).
2. Unit-Linked Insurance Plan (ULIP).
3. National Savings Certificate (NSC).
4. National Pension System (NPS).
5. Senior Citizen's Saving Scheme (SCSS).
6. tax-saving Fixed Deposit (FD).