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PPFPlan
Yearly deposits compounded annually at the government-set PPF rate — see your tax-free maturity value.
PPF enjoys Exempt-Exempt-Exempt status — your deposits qualify for Section 80C deduction, the interest earned is tax-free, and the maturity amount is completely tax-free. Very few instruments offer all three.
The 15-year lock-in can be extended in 5-year blocks. After year 7 you can make partial withdrawals (up to 50% of the balance at the end of year 4), and loans against the balance are available from year 3 to year 6.
Estimate monthly payments with taxes, insurance, and amortization.
OpenProperty price, down payment, tenure — EMI, processing fee, and stamp duty & registration.
OpenCompare loan terms and see total interest paid.
OpenProject growth from deposits and compounding interest.
OpenMaturity value
4,068,209.22
PPF has a 15-year lock-in, extendable in 5-year blocks. The current rate is 7.1% p.a.
What you entered
Annual interest rate
r = 7.1%= 7.1%Investment period
15 years= 15 yearsTotal amount deposited
$150,000.00 × 15= $2,250,000.00Maturity value (compounded annually with yearly deposits)
balance = (balance + deposit) × (1 + r), repeated 15×= $4,068,209.22Interest earned
$4,068,209.22 − $2,250,000.00= $1,818,209.22Result
Maturity value: 4,068,209.22
Depositing $150,000/year at 7.1% for 15 years grows to $4,068,209 — entirely tax-free under Section 80C.