PPF CALCULATOR description
PPF (Public Provident Fund) is a popular retirement saving scheme and is useful under tax savings under section 80 of income tax act.
Currently investment can be done in a PPF account for the period of 15 years, Use this app to calculate that how much your savings will grow to maturity in PPF savings scheme.
TOP APP FEATURES:
* Free App - App is free to use for each and every individual of India.
* Calculates PPF for Fixed Deposits.
* Calculates PPF for variable Deposits.
* Supports PPF Extension "with deposits" and "without deposits" upto 10 blocks (50 years)
* Calculates the Maturity amount
* Displays "Total Amount Deposited" and "Total Interest Earned"
* Supports both "Fixed Amount" and "Variable Amount" calculations
* Displays the Yearly, Monthly and Loan & Withdrawal reports
* Sends the reports via e-mail
* Displays visually intuitive graphs for Returns & Growth Trend
* Displays PPF Scheme Details
* No Internet connection is required
ASSUMPTIONS:
Fixed Amount Calculator:
Calculates your deposits based on assumption as they were made on first day of the month.
Variable Amount Calculator:
This calculator adds the deposit amount to the account on the beginning (1st) of each month.
DISCLAIMER:
Please consider this calculator as a guidance only. Investors are required to make their own assessment before investing.