PPF Calculation- Today everyone wants to invest their savings in a good platform so that they can get good returns. For guaranteed returns, a safe investment platform has always been better. If you want to invest money for a long time for purposes like child’s higher education, retirement, then PPF will be a better option for you.
If you are confused about the amount, then the calculation given below can clear your confusion. Here we have taken three different amounts of investment. These include Rs 3000, 5000 and 10,000. Under PPF, every investor gets 7.1 percent return. This return is for 15 years. Let us now look at the calculation.
Calculations
Investment amount- Rs 3000
Tenure- 15 years
Interest rate- 7.1%
If Rs 3000 is invested in PPF for 15 years, then at the rate of 7.1 percent, you will get Rs 9,76,370 on maturity. The total investment amount is going to be Rs 5,40,000. In this way, your total interest in these 15 years will be Rs 4,36,370.
Investment amount- Rs 5,000
Tenure- 15 years
Interest rate- 7.1%
Similarly, if the investment amount is Rs 5000, then after 15 years you will get Rs 16,27,284 at the rate of 7.1 percent return. In these 15 years, you have invested Rs 9,00,000. The total interest earned will be Rs 7,27,284.
Investment amount- Rs 10,000
Tenure- 15 years
Interest rate- 7.1%
If a person invests Rs 10,000 every month in PPF, then he will get Rs 32,54,567 after 15 years at the rate of 7.1 percent return. In these 15 years, the person has invested Rs 18 lakh. Your total interest will be Rs 14,54,567.
In this way you can earn a lot by investing in PPF.
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