PPF Calculator
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What is PPF Calculator?
PPF (Public Provident Fund) Calculator is a financial tool used to calculate the maturity amount of a PPF account. PPF is a savings scheme offered by the government of India that provides a combination of tax benefits and attractive interest rates.
How can the PPF Calculator help you?
The PPF calculator will then calculate the maturity amount you would receive at the end of the tenure, including the interest earned. This information can be useful in helping you plan your savings and make informed decisions about investing in a PPF account. Additionally, you can use the PPF calculator to compare the returns from other savings schemes to determine which one best fits your needs and budget.
How to use Swifttax compound interest calculator?
Here are the steps to use the SwiftTax PPF calculator:
- Visit the SwiftTax website, click Calculators, and select the “PPF Calculator” option.
- To use a PPF calculator, you simply enter the amount you plan to deposit into your PPF account each year, the interest rate offered by the government, and the tenure of the PPF account.