What is a PPF Calculator?
The Public Provident Fund (PPF) is a popular tax-saving investment scheme in India backed by the government. It has a lock-in period of 15 years. This calculator helps you determine the maturity value of your yearly PPF investments.
PPF Rules & Limits
- Minimum Investment: ₹500 per year
- Maximum Investment: ₹1,50,000 per year (for tax exemption under 80C)
- Lock-in Period: 15 Years
- Interest Calculation: Compounded annually, calculated on the minimum balance between the 5th and the end of the month.