1. What is PPF Calculator With Variable Amount?

The PPF (Public Provident Fund) Calculator With Variable Amount calculates the maturity value of PPF investments when contributions vary each year. It accounts for compound interest on annual investments made over the investment period.

2. How Does the Calculator Work?

The calculator uses the PPF maturity formula:

Where:

• \( M \) — Maturity amount
• \( P_i \) — Annual investment in year i
• \( r \) — Annual interest rate (as decimal)
• \( n \) — Total number of years

Explanation: Each annual contribution earns compound interest for the remaining years until maturity. The formula sums up the future value of all individual contributions.

3. Importance of PPF Calculation

Details: Accurate PPF maturity calculation helps in financial planning, retirement planning, and understanding the long-term benefits of consistent investments with compound interest.

4. Using the Calculator

Tips: Enter the number of years, annual interest rate (as percentage), and individual annual investment amounts for each year. All values must be valid positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: What is the minimum and maximum investment in PPF?
A: Minimum investment is typically 500 currency per year, maximum is 150,000 currency per year (varies by country regulations).

Q2: What is the lock-in period for PPF?
A: PPF typically has a lock-in period of 15 years, which can be extended in blocks of 5 years.

Q3: Are PPF investments tax-free?
A: In many countries, PPF offers tax benefits under EEE (Exempt-Exempt-Exempt) category - contributions, interest, and maturity are all tax-free.

Q4: Can I withdraw from PPF before maturity?
A: Partial withdrawals are usually allowed after completion of 5 years, subject to certain conditions and limits.

Q5: How often is interest compounded in PPF?
A: Interest is typically compounded annually and credited at the end of each financial year.