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PPF calculator.
A deposit at the start of each year for fifteen years, at the current rate. Slow, dull, government-backed and tax-free at every stage.
₹
The yearly cap is ₹1,50,000.
%
Currently 7.1%, reset every quarter.
After 15 years
₹40.7 L
Tax free going in, while it grows, and coming out. Few things in Indian finance are.
You depositedInterest
- You deposited
- ₹22,50,000
- Interest earned
- ₹18,18,209
- Maturity amount
- ₹40,68,209
How it adds up
- Every year₹1,50,000
- times15 years, you put in₹22,50,000
- plusInterest at 7.1%, tax free₹18,18,209
- equalsAt maturity₹40,68,209
What this assumes
The rate stays where it is, which it will not: it is reset every quarter. The yearly cap is ₹1.5 lakh.
Rules and rates from
- National Savings Institute (opens in a new tab)
- Department of Economic Affairs (small savings rates) (opens in a new tab)
Education only, not investment, tax or legal advice. I am not a SEBI-registered investment adviser.
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