How PPF interest is calculated?

How-PPF-interest-is-calculated

The Public Provident Fund (PPF) is a tax-saving instrument in India, which is introduced by the National Savings Institute, Ministry of Finance, GoI in 1968. It is important to note is that the PPF interest is calculated on a monthly basis but credited to PPF account on 31st March of every year. The aim of the … Read more

PPF – Rate of Interest

PPF-Rate-of-Interest

The Ministry of Finance, GoI sets out the PPF rate of interest which is paid off on 31st March every year. The current PPF interest rate for the quarter of October 2020 – December 2020 is 7.1%. The interest is calculated every month but is credited to the investor’s account at the end of the … Read more

PPF account in SBI

SBI-PPF-Interest-rate

PPF account in SBI branches is a government-regulated personal financial scheme, which offers safety with attractive interest rates and returns that are fully exempted from Tax. Investors can get facilities such as loans, withdrawal, and extension of accounts.  The State Bank of India Public Provident Fund (PPF) scheme is a good investment option that provides … Read more

HDFC PPF Calculator

HDFC-PPF-Calculator

HDFC PPF Calculator is an investment tool designed for the calculation of maturity amount against the investment made in the Public Provident Fund Scheme in HDFC Bank. To use this Fixed Amount Investment HDFC PPF Calculator, you have to enter the current PPF Interest Rate and Fixed Yearly Investment Amount (in Rs).   PPF Calculator … Read more

ICICI PPF Calculator

ICICI-PPF-Calculator

ICICI PPF Calculator is an investment tool designed for the calculation of maturity amount against the investment made in the Public Provident Fund Scheme in ICICI Bank. To use this Fixed Amount Investment ICICI Bank PPF Calculator, you have to enter the current PPF Interest Rate and Fixed Yearly Investment Amount (in Rs).   PPF … Read more

Canara Bank PPF Calculator

Canara-Bank-PPF-Calculator

Canara Bank PPF Calculator is an investment tool designed for the calculation of maturity amount against the investment made in the Public Provident Fund Scheme in Canara Bank. To use this Fixed Amount Investment Canara Bank PPF Calculator, you have to enter the current PPF Interest Rate and Fixed Yearly Investment Amount (in Rs).   … Read more

SBI PPF Calculator

SBI-PPF-Calculator

SBI PPF Calculator is an investment tool designed for the calculation of maturity amount against the investment made in the Public Provident Fund Scheme in SBI. To use this Fixed Amount Investment SBI PPF Calculator, you have to enter the current PPF Interest Rate and Fixed Yearly Investment Amount (in Rs).   PPF Calculator for … Read more

SBI RD Calculator

SBI-RD-Calculator

SBI RD Calculator is for calculating the maturity amount of Recurring Deposit saving invested in State Bank of India for a specified period. Monthly Deposit Amount in RD : Rate of Interest : Period (in Months) : (fractions not allowed) Frequency of Compounding : SelectMonthlyQuarterlyHalfYearlyAnnual Maturity Amount (Rs.) : Invested Amount (Rs) :   Wealth … Read more