Public Provident Fund Calculator
If you are just beginning the journey to a new career, or are responsible parents looking to fund your child’s future, or for yourself or risk, then PPF is the best option for you. However, the process of calculating returns and interest rates of your PPF account is a bit complicated. To make these difficult calculations simple you can use the Calculator for PPF accounts by iNVESTT.
PPF is the most suitable option for investors who are looking for longer- term tax savings and wealth building and risk-averse and seeking a guaranteed source of income. Investors who are seeking greater returns and are aware, you can investigate ELSS mutual funds. PPF is tax-efficient. PPF is covered by the EEE exemption of the 80C. The amount of interest, investment and maturity amount are tax-free in the Public Provident Fund.
How can a PPF Calculator help you?
This tool will allow anyone to answer their questions about the public provident fund account. A few requirements that can be used in calculating the maturity amount after a specified period of time. It monitors the progress of the capital. Anyone who has a PPF account will be aware of the fact that rates are subject to change on an annual basis.
Advantages of using PPF CALCULATOR
- PPF CALCULATOR allows you to get a clear idea about how much returns can be made with the investment of a particular amount of money.
- With the assistance provided by the PPF CALCULATOR, you will avoid paying an enormous tax.
PPF Interest Rates 2021
|Financial Year||Time Period||Returns (per annum)|
|2020-2021||April 2020 - June 2020||7.1|
|2019-2020||January 2020 - March 2020||7.9|
|2019-2020||October 2019 - December 2019||7.9|
|2019-2020||July 2019 - September 2019||7.9|
|2019-2020||April 2019 - June 2019||8.0|
|2018-2019||January 2019 - March 2019||8.0|
|2019-2020||October 2018 - December 2018||8.0|
|2019-2020||July 2018 - September 2018||8.0|
|2019-2020||April 2018 - June 2018||7.6|
|2017-2018||January 2018 - March 2018||7.6|
|2017-2018||October 2017 - December 2017||7.8|
|2017-2018||July 2017 - September 2017||7.8|
|2017-2018||April 2017 - June 2017||7.9|
|2016-2017||October 2016 - March 2017||8.0|
|2016-2017||April 2016 - September 2016||8.1|
|2015-2016||April 2015 - March 2016||8.7|
|2014-2015||April 2014 - March 2015||8.7|
|2013-2014||April 2013 - March 2014||8.7|
|2012-2013||April 2012 - March 2013||8.8|
|2011-2012||April 2011 - November 2011||8.0|
|2011-2012||December 2011 - March 2012||8.6|
|2010-2011||April 2010 - March 2011||8.0|
|2009-2010||April 2009 - March 2010||8.0|
|2008-2009||April 2008 - March 2009||8.0|
|2007-2008||April 2007 - March 2008||8.0|
|2006-2007||April 2006 - March 2007||8.0|
|2006-2007||April 2005 - March 2006||8.0|
|2006-2007||April 2004 - March 2005||8.0|
PPF CALCULATOR Frequently Asked Questions
- What is PPF Account?
- How much interest rate can I get on my PPF account?
- What is the minimum lock-in period for PPF?
- What is the minimum amount required to start investing in PPF?
Public Provident Fund Account is an insurance plan for savings that is supported by the government that provides stable and guaranteed returns as well as tax benefits. It’s a safe investment which can be used to fund long-term objectives like children’s higher education or retirement funds.
This rate of interest is declared from the Central Government every quarter. PPF interest rate for 2021 is 7.1 percent per year.
The lock-in period in a public provident fund is 15 years and is possible to extend it in blocks of five years significantly. The option of partial withdrawal is offered after 5 years, subject to certain conditions.
The minimum amount of investment required to invest in the government-owned fund is 500 rupees and the maximum amount you can make is 1.5 lakhs every year. The PPF CALCULATOR for calculating how much you will have to pay at the time of maturity.