How does the PPF calculator work? The PPF calculator takes 2 inputs namely, Yearly investment and tenure of investment. It uses the following logic The formula for this is: F = P[({(1+i)^n}-1)/i] Here,F= Maturity proceeds of the PPF P = Amount Invested n = Number of years i...
This long-term investment option has a lock-in period of 15 years and provides higher returns than other options like fixed deposits. PPF is a fantastic strategy to lower your tax burden while you are employed. When you use an online PPF calculator, the calculator will simply apply the PPF...
The basic idea behind PPF calculator is compounding the interest on your investment. Although, you can exercise this method manually when you have to calculate interest for one year. But, when it comes down to fifteen or ten years, the calculations can be messier. So, to save you from ...
PPF has a 15-year maturity period. Once the lock-in period is over, the subscriber can also extend the tenure for periods of 5 years. One can also open a PPF account online. Important Note -For active NRI PPF Accounts extended beyond maturity, kindly note, Post Office Saving rate of in...
To use a PPF calculator correctly, you need to input the following data: Tenure– Minimum 15 years to maximum 50 years with an option of extension in blocks of 5 years. Payment Frequency– Payment frequency could be monthly, quarterly, half-yearly and annually. In case of quarterly deposits...
years from the end of the year in which the initial subscription was made but before then expiry of one year thereafter, may exercise an option with the Accounts Office in Form H, or as near thereto as possible, that he would continue to subscribe for a further block period of 5 years....
5. It is vital to have a nominee or preferably more than one. 6. Don't bother with depositing more than Rs. 1 lakh each year in a single account, as you won't get any tax benefit on the additional corpus invested. Do you have a PPF Calculator I can use to see maturity amount,...
PPF Calculator更新内容 - Added PPF Extension "with deposits" feature- Added PPF Extension to "Fixed Amount" & "Variable Amount" calculators- Calculates the Maturity Amount for Extension period- Supports up to 5 Extension blocks (25 years)- Added a new tab "Extn" for Extension calculations- Add...
You can try out different scenarios using thisPPF for Child Calculator. By the way, the Minor PPF account interest rates are the same as the regularPPF account interest rates. So go ahead and open a PPF account for your children as soon as you can ...
India’s PPF maturity period is 15 years. You will extend it in blocks of 5 years after the completion of this duration. The last date of completion of the financial year shall be taken as the date of commencement, by the PPF scheme law, irrespective of the month of the fiscal year yo...