PPF - Public Provident Fund Calculator

About PPF

Interest rate : 8.7%

Duration of scheme : 15 years

Min. deposit amount (per year) :  500

Maturity value

Rs. 3,60,350

Max. deposit amount (per year) :  1,50,000

Number of installments every year : 1 (Min) to 12 (Max)

Number of accounts one can open : Only One

Lock-in period : 15 years (partial withdrawals can be made from the sixth year)

Extension of PPF Account : After the maturity period (15 years), it can be extended for a period of 5 years

Tax savings (contribution) : under section 80C (upto 1.5 L)

Tax savings (interest earned and final amount) : fully exempted from wealth tax

PPF Alternative

ELSS(Tax Saving Fund) is also exempted (EEE) like PPF. It can generate better returns (about 15% or higher) but it's risky as compare to PPF. 

PPF Calculator

http://ppf-calculator.in/

http://www.icicibank.com/Personal-Banking/investments/ppf/ppf-calculator.page

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