A Public Provident Fund (PPF) is a popular long-term savings scheme backed by the Indian government. PPF calculators are a tool used to estimate the returns on investment over the course of the account’s maturity period. PPF calculators help investors understand the potential of their savings in the account, which can motivate them to save…
Tag: PPF Amount Calculator
The Power of Compounding: Understanding PPF Interest Rates
The power of compounding is a well-known concept in finance that refers to the ability of an asset to generate earnings on previous earnings. In other words, it refers to the exponential growth of money over time, due to the interest earned on the original investment as well as on any subsequent interest earned. Compounding…