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SBI PPF Calculator
Public Provident Fund or PPF was introduced in 1968 in India to mobilize savings in the form of investment, coupled with better returns. It can also be called as a savings-cum-tax-savings investment that helps in building a retirement corpus whilst saving on annual taxes.
WHAT IS A PPF ACCOUNT?
Public Provident Fund or PPF is a long-term investment option which offers better returns and interest rate on the amount invested. The returns and interest rate are not taxable under the income tax. The person has to open a PPF account and the amount deposited yearly will be claimed under 80C.
SBI PPF Calculator
SBI is one of the leading accounts that offer PPF to non-customers & customers. Both adults and minors can open a PPF account with SBI & start saving. Talking about SBI PPF calculator, it makes it easier to calculate the returns based on tenure and rate of interest. Currently, the interest rate is 7.9%.
How it can be Helpful?
The requirement of PPF states to invest a minimum amount yearly until the investment is mature. You may pre-maturely withdraw your sum before maturity (as per terms & conditions)/ or extend your account.
Benefits of the Calculator:
- Helps you to choose the right investment amount.
- Tells you the total interest earned after your maturity.
- Showcase the total invested amount according to the overall tenure.
- Displays the total amount once you receive after the maturity of the account.
How to use Gulaq’s PPF Calculator?
Fill-in the details –
- Investment amount/year
- Number of years
The sum-up will show according to the fetched details stating
- Total invested amount
- Total interest earned
- Total maturity amount
Investments in Mutual fund & Securities Market are subject to market risks. Please read the scheme information and other related documents carefully before investing. Past performance is not indicative of future returns. Please consider your specific investment requirements before choosing a fund or designing a portfolio that suits your needs. Terms and conditions of the website are applicable.
Gulaq Registered Office
Estee Financial Services Pvt. Ltd. (hereinafter referred to as “EFSPL”), 7th Floor, Block 1, Vatika Business Park, Sohna Road, Sector 49, Gurugram, Haryana 122001.
Estee Advisors Pvt Limited (hereinafter referred to as “EAPL”) is registered with the Securities and Exchange Board of India as Stock Broker with registration number INZ000170130 and registered with BSE Star with code 24408 for mutual fund transaction facility.ECPL and EAPL are group companies and EAPL is authorized to provide its services to the Users on the Gulaq website/app under a license agreement with ECPL
Complaints & Grievances
In case of any grievances/ complaints please write to us [email protected]
Mutual fund investments are subject to market risks, read all scheme documents carefully.