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What is the Public Provident Fund?
The Public Provident Fund (PPF) is a long-term investment scheme in India, established by the National Savings Institute in 1968. It is designed to encourage savings among the general public while providing a secure and attractive return.
What is the Public Provident Fund Calculator?Ppf group
A PPF calculator is an online tool that helps investors estimate the returns on their PPF investments. By using certain parameters, the calculator can compute the maturity amount and the interest earned over the investment period.
PPF Calculator Inputs
- Initial Deposit: The initial amount deposited in the PPF account.
- Annual Investment: The amount deposited annually.
The maximum investment allowed is Rs 1.5 lakh per year.
- Tenure: The minimum investment duration is 15 years.
- Interest Rate: The current interest rate offered on PPF is 7.1% (Q2 of FY 2024-25), which is set by the government and can vary.
PPF Calculator Outputs
- Total Investment: The sum of
