PPF Calculator

This highly innovative and easy to use calculator allows PPF account holders to quickly calculate the interest on PPF Deposits aside to the maturity amounts.

How can the PPF (Public Provident Fund) Calculator App Help?

The PPF account calculator is essentially an Online Calculator app that is used for calculating returns on investments from the PPF Scheme. The tool facilitates the users in making smart investment as well as tax savings. In order to use the PPF Calculator, you simply need to offer a few important information such as the amount of investment, total number of PPF instalments etc.

Once you’ve provided the necessary information, the calculator calculates:

• The interest amount on the investment made by you.

• Provides you with information around your withdrawal limit.

• The amount of loan that you can take against your PPF scheme.

Features of the Calculator

• Supports both Extension & PPF Calculations

• Allows the user to calculate the Variable and Fixed amount

• Displays the monthly and yearly reports in no time!

• Calculates the amount of maturity quickly.

• Get all the Public Provident Fund Scheme related details and information.

• Supports English, Hindi, Gujarati, Marathi, Tamil languages.

Fixed Amount Calculator :

The Fixed Amount Calculator is an online tool that helps people in calculating the amount of funds they need to pay towards their PPF monthly investment. The individual must provide the details such as the month/year in which the PPF account was opened, the deposit amount, the annual interest rate and submit the required details.

Variable Amount Calculator :

This is used for calculating the variable amount payable towards the PPF yearly interest account on an annual basis. The individual must provide details such as the amount deposited every year, the fiscal year in which the amount is deposited.

How to Use the PPF Interest Calculator?

In order to be able to use the PPF calculator, you need to provide relevant data/information such as:

The tenure of your PPF Account: Usually, this is 15 years and maximum 50 years, with the option of Extension of years in existing PPF Scheme.

Payment/Deposit Frequency: This could be either Monthly or Yearly. In Monthly deposit the amount should be deposit every month while in Yearly deposit amount should be deposit every year.

The Amount of Deposit: This amount is deposited into the account in accordance with the frequency of the deposit. This means when the deposit is Rs.1000 and the frequency of deposit is monthly, then the total deposit into the PPF account calculator would be Rs.12000 every year and is automatically calculated with the help of the PurpleMAD PPF calculator.

Rate of Interest: This is basically the rate of return on the PPF that you can expect for your investment. Simply use the latest PPF investment rates to calculate.

After providing all the above information/data into the PPF plan calculator, simply calculate to acquire information regarding PPF maturity amount, interest earned and total investment etc. instantly. No matter what pattern of investment you choose, you can easily use the calculator to get report, quick summary, and month and year wise results as the final output.

• For Fix amount Monthly/Yearly as well as Variable amount Yearly

modes of PPF investment.

• Calculation of the actual amount of interest earned on a yearly as well as monthly

basis and closing balance in every year for the PPF account.

Benefits of the PPF Tax Calculator

• Calculates the interest amount on both variable and fixed investment.

• Calculates the permissible withdrawal amount/limit during the 15 years tenure of the

PPF Scheme.

• Calculates the loan amount that you can expect to take against your PPF account.

About PurpleMAD

PurpleMAD is a Toronto, Canada based company, offers solutions for web apps, CMS websites, mobile apps, cloud computing and ERP.