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Public Provident Fund (PPF) Interest Rate 2022 Want RS 1 Crore Check How To Calculate Returns
Public Provident Fund (PPF) Interest Rate 2022 Want RS 1 Crore Check How To Calculate Returns
Public Provident Fund (PPF) Interest Rate 2022 Want RS 1 Crore Check How To Calculate Returns
Slide 1:
Public Provident Fund (PPF) Interest Rate 2022
Slide 2:
What is PPF?
Slide 3:
Benefits of PPF
• Tax-free returns
• Fixed rate of interest
• Long-term investment option
• Flexible investment options
• Loan facility available
Slide 4:
PPF Interest Rate 2022
The interest rate for PPF for the financial year 2021-22 is 7.1%.
Slide 5:
How to Calculate Returns
• Calculate the amount you need to invest each year to reach your goal.
• Calculate the total amount you will have at the end of the investment period.
• Calculate the returns you will get on your investment.
Slide 6:
Want Rs 1 Crore?
• To get Rs 1 crore in 15 years, you need to invest Rs. 28,000 per year.
• At the end of 15 years, you will have Rs. 1,41,00,000.
• The returns on your investment will be Rs. 41,00,000.