This tool helps you to calculate the investment value of your Public Provident Fund (PPF) after a certain period of time. The current interest rate is 7.1 %. It's a long term investment option which comes with 15-year lock-in with better returns like a Fixed Deposit (FD).
How to use PPF calculator?
Step 1: Click on PPF Calculator tab under Calculators section
Step 2: Choose if you want to invest annually or half-yearly
Step 3: Enter the amount you want to invest
Step 4 : Enter the total interest rate and the duration of investment
You'll get the maturity amount with total deposit and interest.