PPF calculator: Public Provident Fund (PPF) is a long term investment tool that enables an investor to meet its financial requirements post-retirement as well. As per the the PPF rules, an investors can open a PPF account in any bank or in a near-by post office by depositing ₹100 in one’s PPF account. However, one needs to deposit a minimum of ₹500 per annum in one’s PPF account. PPF account will have a 15-year lock-in period in which an earning individual can deposit up to ₹1.5 lakh in one financial year in single deposit or in maximum 12 instalments.
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