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Canara Bank PPF Maturity Calculation Formula. The formula for Canara Bank PPF maturity value calculation is given below: F = P [ ( { (1+i) ^n}-1)/i] The variables used in the formula represents the following–. F is the Maturity of PPF. P is the Annual instalments. i is the Rate of interest. n is the Total number of years.
Currently, the interest rate is provided at 7.1%. The interest on PPF has compounded annually. Union Bank PPF Calculation Formula. PPF returns on a Union Bank PPF account can be calculated with the help of following formula: F = P [ ( { (1+i) ^n}-1)/i] The above formula represents the following variables –. F – Maturity of PPF.
A Public Provident Fund (PPF) calculator is an online long-term investment tool designed to help investors calculate the potential returns and growth of their investments in a PPF account. It provides an estimate of the maturity amount received over time by taking into account three variables, i.e., yearly investment, interest rate, and period (in years).
Working of public provident fund (PPF) A PPF interest rate calculator uses the formula mentioned below to calculate the amount of interest earned and the maturity amount of the investment: F = P [ (1 + i)n – 1)/i] Where, i is the prevailing rate of interest on PPF schemes. F is the maturity amount of your PPF investment.
The ICICI PPF calculator is an online tool that eases the process of estimating the returns on a PPF account. By considering key parameters such as the investment frequency, investment amount, interest rate, and tenure, the calculator will estimate the maturity amount an investor receives at the end of the PPF’s tenure.
The SBI PPF interest rate calculator provides an easy-to-use and user-friendly interface. The SBI PPF calculator displays the exact estimations using variables such as the investment amount, the tenure, and the interest rate. Once a user enters the requisite information, the SBI PPF calculator calculates the maturity value using the PPF formula.
The PPF calculator of Bank of Maharashtra is an online tool which helps to calculate the maturity value after 15 years on your PPF account. The calculator is very easy to use and takes less than minute to compute the value: Enter the yearly investment amount or adjust the slider to set the amount. Enter the time period of the PPF investment.
