PPF Calculator
(Calculate your PPF returns basis your investment amount)
If you are looking to open a Public Provident Fund account or already have one, the PPF account calculator will help you understand how much money you would be able to grow through the investment over a given period. Whether you are trying to save on your taxes or secure long-term financial returns, with the help of the PPF calculator online , you can determine the value of your investments within a few minutes. Control your financial goals by using the Public Provident Fund
for 15 Years at 7.1 % p.a
Formula Used for Calculating PPF
PPF provides individuals with a safe and tax-efficient way to build a retirement corpus while earning a fixed rate of interest. Understanding the formula used for calculating PPF can help you better comprehend how your investments grow over time. Let's explore the formula and how it works:
F = P [({(1+i) ^n}-1)/i]
- i- Rate of interest
- F- Maturity of PPF
- n- Total number of years
- P- Annual instalments
Comments
Post a Comment