The fresh new solutions so you’re able to PPF scheme was ELSS, ULIP, NPS, NSC, Pradhan Mantri Vaya Vandhana YoVVY), tax-rescuing fixed deposit, Older Citizen’s Saving Program (SCSS) while some
1%, you can expect Rs forty,68,209 at the end of fifteen years. You should use Scripbox’s PPF Calculator in order to estimate their production. Additionally, the fresh calculator can be obtained on the internet and is free of charge to use
The PPF maturity amount can be calculated using the below formula:A = P [(-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