What is a PPF Calculator?
A Public Provident Fund (PPF) calculator is a tool designed to help you estimate the future value of your PPF investments. By inputting details such as investment frequency, amount, duration, and interest rate, you can calculate important figures like the maturity amount, total deposits, and total interest earned over the investment period. This helps in planning and understanding the benefits of your investment in PPF.
Usage of the PPF Calculator
- Investment Frequency: Choose how often you will make investments (Monthly, Quarterly, Half-Yearly, Annual).
- Investment Amount: Enter the amount you plan to invest each period.
- Duration: Specify the investment duration in years.
- Rate of Interest: Enter the annual interest rate applicable to your PPF account.
After entering these details, the calculator will provide:
- Maturity Amount: The total amount accumulated in the PPF account at the end of the investment period.
- Total Deposit: The total amount of money deposited into the PPF account over the investment period.
- Total Interest: The total interest earned on the deposited amount.
Maturity Amount: 0.00
Total Deposit: 0.00
Total Interest: 0.00
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