A PPF calculator is an online tool that helps you calculate the maturity amount at the end of the tenure of your PPF investment. It takes into account factors like yearly investment, rate of interest, and tenure of the PPF account.
Benefits of PPF calculator
A PPF (Public Provident Fund) calculator is an incredibly useful tool for individuals who are planning their investments in a PPF scheme. This tool allows you to easily and accurately calculate the maturity amount and interest earned on your PPF investments. It can greatly assist you in better planning your investment goals, ensuring that you’re making well-informed decisions about your savings. Additionally, it provides clear information about the compounded annual interest, tax benefits, and the returns you can expect from your PPF account, thus playing a vital role in financial planning and stability.