PPF Account Benefits amp Interest Calculation Examples Hindi

>> YOUR LINK HERE: ___ http://youtube.com/watch?v=Iiek7e8SSxU

PPF Account Benefits Interest Calculation Examples (Hindi) • In this video by FinCalC TV we will see PPF Account benefits with Interest Calculation of Rs. 1000, Rs. 2000, Rs. 5000 and Rs. 12,500 monthly deposits in PPF or Public Provident Fund. • PPF full form is Public Provident Fund which is a Government Backed saving scheme with lock-in period of 15 years. There are many PPF account benefits such as guaranteed returns, tax savings under Section 80C, interest and maturity amount not taxable, achieve long term financial goals, etc. • PPF Calculator Online: • https://fincalc-blog.in/ppf-calculato... • Section 80C Deductions List Video: • • Section 80C Deductions List | Save In... • JOIN Telegram Group: • https://t.me/fincalc_tv_channel • CHAPTERS: • 00:00 Introduction • 00:18 PPF Account Benefits • 02:15 PPF Interest Calculator • 03:43 Rs. 1000 Deposit Calculation for 15 Years • 04:48 Interest Rate Change Example • 06:22 Interest Calculation in Second Year (Compounding) • 09:13 Rs. 2000 Deposit Calculation for 15 Years • 10:38 Rs. 5000 Deposit Calculation for 15 Years • 11:36 Rs. 12,500 Deposit Calculation for 15 Years • 14:23 Summary of All Calculations with Profits • 14:42 PPF Account Benefits Conclusion • WHAT IS PPF? • PPF full form is Public Provident Fund, which is a government backed Saving Scheme. Many Indians invest in PPF and treat it as a retirement fund since it has a lock-in period of 15 years. Also it helps in saving income tax while claiming deductions under Section 80C (maximum deduction up to Rs. 1.5 Lacs in a financial year) • PPF Account benefits and Features • PPF or Public Provident Fund is a savings scheme offered by the Government of India. • PPF has a lock-in period of 15 years • Minimum deposit amount in a FY to keep your PPF account active is Rs. 500 • Maximum deposit amount for which you can earn interest in PPF account is Rs. 1,50,000 • The interest on the account is paid by the government of India and is set every quarter, It is also tax-free. • PPF interest is calculated every month and is compounded annually • The latest PPF interest rate for October to December 2023, has been fixed at 7.1% annually. • PPF or Public Provident Fund falls under EEE category (Exempt, Exempt, Exempt), which means, the Deposits, Interest and Maturity Amounts are all exempted from Income Tax • Partial withdrawals are allowed in PPF account • Loan facility is also available in PPF account • Opening a PPF Account • PPF accounts can be opened in post office, nationalized banks and major private banks such as ICICI and Axis. • In several banks like ICICI and Axis, you can open a PPF account online through net banking as well. • In case you are NRI (Non-resident of India), you cannot open a PPF account, but if you already had a PPF account before your became NRI, you can continue to hold PPF account until it’s maturity period • Once the account is opened, a PPF passbook similar to the bank passbook is issued. • All transactions such as subscription, interest, withdrawals, etc. are recorded in this passbook. • Some banks simply allow PPF entries or PPF balance to be viewed online instead of issuing a passbook. • You should remember that your amounts will be locked-in for 15 years in a PPF Account • You can only have one PPF account at a time. Multiple PPF accounts for same holder are not allowed • How much you can contribute to PPF • PPF accounts can be opened in post office, nationalized banks and major private banks such as ICICI and Axis. • In several banks like ICICI and Axis, you can open a PPF account online through net banking as well. • In case you are NRI (Non-resident of India), you cannot open a PPF account, but if you already had a PPF account before your became NRI, you can continue to hold PPF account until it’s maturity period • Once the account is opened, a PPF passbook similar to the bank passbook is issued. • All transactions such as subscription, interest, withdrawals, etc. are recorded in this passbook. • Some banks simply allow PPF entries or PPF balance to be viewed online instead of issuing a passbook. • You should remember that your amounts will be locked-in for 15 years in a PPF Account • #PPF #PPFAccountBenefits #PublicProvidentFund #FinCalC • ============================ • LIKE | SHARE | COMMENT | SUBSCRIBE • Mujhe Social Media par FOLLOW kare: • Facebook : / fincalctv • Twitter : / fincalctv • BLOG: https://fincalc-blog.in • Telegram: https://t.me/fincalc_tv_channel • Instagram: / fincalc_tv • ============================ • MORE VIDEOS: • SIP Returns Calculation: • SIP Returns Calculation Examples - ₹2... • Income Tax Calculator: • Income Tax Calculation Examples betwe... • Loan EMI Calculator: • Home Loan EMI Calculator Excel with P... • Loan EMI Prepayment Calculator: • Home Loan EMI Prepayment | How to Sav... • ============================ • DISCLAIMER: • Examples and demo used are for Illustration purpose only and might not cover every detail of examples shown.

#############################

New on site