Search results
Oct 9, 2024 · Know the latest PPF Interest Rates for Q3 of FY 2024-25, PPF interest calculator, PPF interest rate history, PPF interest rate for Senior Citizens & Minors!
PPF Calculator Online – Calculate Public Provident Fund Interest and Return with ClearTax Online PPF Calculator. This PPF calculator uses compound interest formula to calculate PPF maturity amount at the current PPF interest rate.
Public Provident Fund or PPF interest rate is fixed by the government and compounded annually. Check PPF current interest rate for 2024 here.
Oct 4, 2024 · The current PPF interest rate is 7.1% (Q3 of FY 2024-25), the minimum investment tenure is fixed at 15 years while the investment amount can range between Rs. 500 to Rs. 1.50 lakh in a financial year.
HDFC Bank’s PPF calculator takes into account the deposit amount, number of deposits that you make in a year along with prevailing interest rate and the number of years for which the money is invested to help you calculate value of your investment at maturity.
Sep 22, 2023 · Currently, the interest rate on PPF is 7.1%, assuming this interest rate is the same throughout the investment period. Putting these values in the formula, 1,50,000 [ ( { (1+7.1%)^15}-1)/7.1%], we get Rs 37,98,514.68.
Jul 25, 2024 · What is PPF Interest Rate? The PPF interest rate for 2024 is 7.1% p.a., which is compounded annually. However, to receive the PPF interest for the deposit month, it is very important that you deposit your PPF amount within 5th of that month.
This calculation becomes easier once you buy PPF calculator. Suppose, an individual pays an annual amount of Rs. 1,50,000 in their PPF investment for a period of 15 years at an interest rate of 7.1%, then his/her maturity sum at the closing year will be equal to Rs. 40,68,209.
What is a PPF Calculator? A PPF calculator is an online tool that helps you estimate the investment value of your monthly, quaertly or yearly Public Provident Fund (PPF) investment over a certain time period.
Sep 30, 2023 · Which means, the interest rate on Public Provident Fund (PPF) is unchanged at 7.1%. The Public Provident Fund (PPF) is a popular long-term investing scheme backed by the Indian government. It offers security in the form of attractive interest rates and tax-free returns. Formula for PPF interest rate.
