PPF Calculator - Calculate public provident fund maturity amount, interest with Vakilsearch's Online PPF calculator. Simplify your PPF amount calculation here!
. It is compounded on an annual basis. The interest is paid on March 31 and the PPF interest rate is set by the Finance Ministry every year. The calculation of interest is based on the minimum balance that is available between the close of the fifth day and the last day of the month...
2. Remember to make your PPF deposits well in time as the date of funds crediting to your PPF account is considered the date of deposit, for interest calculation purposes. 3. Don't withdraw from your PPF account to simply deposit the same funds back in your PPF account to get the tax ...
E.g., the calculation will be done as of March 31, 2019, if you started investing in PPF in October 2018. This means the maturity of 15 years will be on April 1, 2034. There are onlinePPF calculators that can help you with calculating the maturity period too. PPF Interest Rate The ...
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...