Brand new choice so you’re able to PPF system try ELSS, ULIP, NPS, NSC, Pradhan Mantri Vaya Vandhana YoVVY), tax-preserving repaired put, Elderly Citizen’s Saving Strategy (SCSS) while others
1%, we offer Rs 40,68,209 after fifteen years. You can use Scripbox’s PPF Calculator to help you estimate your own yields. Additionally, brand new calculator exists 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
