Which have an annual financial support from Rs 1,50,100000 at most recent PPF rates from eight

Which have an annual financial support from Rs 1,50,100000 at most recent PPF rates from eight

The newest selection so you can PPF plan try ELSS, ULIP, NPS, NSC, Pradhan Mantri Vaya Vandhana YoVVY), tax-preserving fixed deposit, Senior Citizen’s Preserving Program (SCSS) while some

1%, you can expect Rs forty,68,209 after 15 years. You should use Scripbox’s PPF Calculator in order to guess the output. Furthermore, the brand new calculator is present online and is free of charge to utilize

The PPF maturity amount can be calculated using the below formula:A = P [(<(1+i)>-1)/i]Where, A is the maturity amount, P is the principal amount, I is the expected interest rate of return and N is the tenure for which is the amount is invested in the schemeAlternatives, one can use the online PPF Calculator from Scripbox to compute and estimate their PPF return

LIC and you will PPF are two solutions that offer safe production established into form of LIC coverage. Read more