PPF Calculator - Best in India 1.0.9
Free Version
Publisher Description
The Public Provident Fund is a savings-cum-tax-saving Scheme in India, introduced by the National Savings Institute of the Ministry of Finance in 1968.
PPF Calculator is a simple online tool for PPF related calculations.
If you're saving/investing money under PPF scheme, then you may find this little tool useful for doing some calculations.
Interest earned on deposits in the PPF account are not taxable.
But the Deposits made towards PPF accounts can be claimed as tax deductions.
That’s why PPF Scheme is one of the most tax efficient Scheme in India.
A minimum yearly deposit of Rs. 500 is required to open and maintain a PPF account, and a maximum deposit of Rs.1.5 lakhs (as on Financial year 2015-2016) can be made in a PPF account in any given financial year.
Any Indian resident can open an account with any nationalized bank (SBI, PNB, Central Bank of India etc.) or post office or some authorized private banks (ICICI, HDFC, Axis Bank etc.).
Some Facts About PPF
* Interest rate: 8.1%
* Duration of scheme: 15 years
* Min. deposit amount (per year): 500
* Max. deposit amount (per year): 1,50,000
* Number of installments every year: Minimum 1 & Maximum 12
* Lock-in period: 15 years
* Extension of PPF Account: It can be extended for a period of 5 years but after the maturity period of 15 years.
Features
* PPF calculator is an online tool offered for free.
* It helps account holders to calculate interest on PPF deposits and maturity amounts.
* PPF calculator is a handy tool to make quick calculations to arrive at the latest account balances after accounting for all debits.
* No Internet connection is required for PPF Calculator.
* With PPF Calculator, display the Reports Yearly or Monthly.
* PPF is a 15 years’ scheme.
* PPF Calculator helps you to calculate the Maturity Value.
* You can view the calculations Graphically.
About PPF Calculator - Best in India
PPF Calculator - Best in India is a free app for Android published in the Accounting & Finance list of apps, part of Business.
The company that develops PPF Calculator - Best in India is Teclab Solutions. The latest version released by its developer is 1.0.9.
To install PPF Calculator - Best in India on your Android device, just click the green Continue To App button above to start the installation process. The app is listed on our website since 2016-08-16 and was downloaded 23 times. We have already checked if the download link is safe, however for your own protection we recommend that you scan the downloaded app with your antivirus. Your antivirus may detect the PPF Calculator - Best in India as malware as malware if the download link to com.teclab.ppfcalculator is broken.
How to install PPF Calculator - Best in India on your Android device:
- Click on the Continue To App button on our website. This will redirect you to Google Play.
- Once the PPF Calculator - Best in India is shown in the Google Play listing of your Android device, you can start its download and installation. Tap on the Install button located below the search bar and to the right of the app icon.
- A pop-up window with the permissions required by PPF Calculator - Best in India will be shown. Click on Accept to continue the process.
- PPF Calculator - Best in India will be downloaded onto your device, displaying a progress. Once the download completes, the installation will start and you'll get a notification after the installation is finished.
