SBI PPF Calculator

.sidebyside { display: flex; width: 100%; } .sidebysideform { width: 60%; } .sidebysidechart { width: 40%; margin-left: 40px; } :root { –background-color: #fff; –vigo-color: #2bbd3e; –slider-color: #2bbd3e; –input-number-color: #e7e5e5b7; } /* * { box-sizing: border-box; } */ /* .calcform { display: flex; justify-content: center; align-items: center; background-color: var(–background-color); color: #222; width: 50%; } */ /* #amountLabel { width: 210px; } */ .sip-calculator { border: 5px solid #fff; border-radius: 12px; -moz-box-shadow: 0 0 5px hsla(12, 2%, 55%, 0.527); -webkit-box-shadow: 0 0 5px hsl(15, 2%, 55%); box-shadow: 0 0 10px hsl(0, 0%, 73.9%); padding: 2em; margin: 1em; width: 100%; background-color: #fff; } /* .sip-calculator-amount, .sip-calculator-year, .sip-calculator-roi { margin-bottom: 1em; } */ .amount-slider, .year-slider, .roi-slider { width: 100%; height: 2px; border-radius: 10px; background: var(–slider-color); outline: 0; } input[type=’range’] { -moz-appearance: none; -webkit-appearance: none; appearance: none; cursor: pointer; } input[type=’range’]:focus { outline: 0; } input[type=’range’]::-ms-track { width: 100%; cursor: pointer; } input[type=’range’]::-webkit-slider-thumb { -webkit-appearance: none; border: 2.5px solid var(–vigo-color); height: 20px; width: 20px; border-radius: 40px; background: white; cursor: pointer; margin-top: 0; } input[type=’range’]::-moz-range-thumb { border: 2.5px solid var(–vigo-color); height: 20px; width: 20px; border-radius: 40px; background: white; cursor: pointer; } input[type=’range’]::-ms-thumb { border: 2.5px solid var(–vigo-color); height: 20px; width: 20px; border-radius: 40px; background: white; cursor: pointer; } input[type=’number’] { -moz-appearance: none; -webkit-appearance: none; cursor: pointer; background: var(–input-number-color); border-style: none; height: 30px; margin-left: 20px; margin-right: 10px; text-align: right; padding-right: 5px; font-family: ‘Roboto’, sans-serif; font-size: 1.3em; border-radius: 4px; } input[type=’number’]:focus { outline: 0; border: 1px solid #3197ee; } .radio { margin: 0.5rem; text-align: center; } .radio input[type=’radio’] { position: absolute; opacity: 0; } .radio input[type=’radio’] + .radio-label:before { content: ”; background: #f4f4f4; border-radius: 100%; border: 2px solid #2bbd3e; display: inline-block; width: 1.4em; height: 1.4em; position: relative; top: -0.2em; margin-right: 1em; vertical-align: top; cursor: pointer; text-align: center; transition: all 250ms ease; } .radio input[type=’radio’]:checked + .radio-label:before { background-color: #2bbd3e; box-shadow: inset 0 0 0 4px #f4f4f4; } .radio input[type=’radio’]:focus + .radio-label:before { outline: 0; border-color: #3197ee; } .radio input[type=’radio’]:disabled + .radio-label:before { box-shadow: inset 0 0 0 4px #f4f4f4; border-color: #b4b4b4; background: #b4b4b4; } .radio input[type=’radio’] + .radio-label:empty:before { margin-right: 0; } @media only screen and (max-width: 325px) { .sip-calculator { height: 560px; } } @media (max-width: 576px) { body { font-size: smaller; } } ‘use strict’; var totalInvestmentSlider = document.getElementById( ‘myInvestmentPerYearAmount’ ); var amountTotalInvestmentOutput = document.getElementById( ‘inputInvestmentPerYear’ ); var timePeriodSlider = document.getElementById(‘myTimePeriod’); var timePeriodOutput = document.getElementById(‘inputTimePeriod’); var interestRateSlider = document.getElementById(‘myInterestRate’); var interestRateOutput = document.getElementById(‘inputInterestRate’); amountTotalInvestmentOutput.innerHTML = totalInvestmentSlider.value; timePeriodOutput.innerHTML = timePeriodSlider.value; interestRateOutput.innerHTML = interestRateSlider.value; var ctx = document.getElementById(‘doughnutChart’).getContext(‘2d’); var doughnutChart = new Chart(ctx, { type: ‘doughnut’, data: { labels: [‘Investment’, ‘Interest’], datasets: [ { data: [0, 0], backgroundColor: [‘#2bbd3e’, ‘#f4f4f4’], }, ], }, }); totalInvestmentSlider.oninput = function () { amountTotalInvestmentOutput.innerHTML = this.value; calculateIt(); }; timePeriodSlider.oninput = function () { timePeriodOutput.innerHTML = this.value; calculateIt(); }; interestRateSlider.oninput = function () { interestRateOutput.innerHTML = this.value; calculateIt(); }; function showInvestmentPerYearVal(a) { totalInvestmentSlider.value = a; calculateIt(); } function showTimePeriodVal(a) { timePeriodSlider.value = a; calculateIt(); } function showInterestRateVal(a) { interestRateSlider.value = a; calculateIt(); } totalInvestmentSlider.addEventListener(‘input’, updateValueTotalInvestment); timePeriodSlider.addEventListener(‘input’, updateValueTimePeriod); interestRateSlider.addEventListener(‘input’, updateValueInterestRate); function updateValueTotalInvestment(a) { amountTotalInvestmentOutput.value = a.srcElement.value; calculateIt(); } function updateValueTimePeriod(a) { timePeriodOutput.value = a.srcElement.value; calculateIt(); } function updateValueInterestRate(a) { interestRateOutput.value = a.srcElement.value; calculateIt(); } function calculateIt() { var totalInvestment = document.getElementById(‘totalInvestment’); var totalInterest = document.getElementById(‘totalInterest’); var totalMaturityAmount = document.getElementById(‘totalmaturityAmount’); var investmentPerYear = document.sipForm.realInvestmentPerYearAmount.value; var timePeriod = document.sipForm.realTimePeriod.value; var interestRate = document.sipForm.realInterestRate.value; var totalInvestmentValue = Math.round(investmentPerYear * timePeriod); var totalInterestValue = Math.round( ((investmentPerYear * (Math.pow(1 + interestRate / 100, timePeriod) – 1)) / (interestRate / 100)) * (1 + interestRate / 100) ) – totalInvestmentValue; var maturityAmount = Math.round( ((investmentPerYear * (Math.pow(1 + interestRate / 100, timePeriod) – 1)) / (interestRate / 100)) * (1 + interestRate / 100) ); totalInvestment.innerHTML = ‘Rs. ‘ + totalInvestmentValue; totalInterest.innerHTML = ‘Rs. ‘ + totalInterestValue; totalMaturityAmount.innerHTML = ‘Rs. ‘ + maturityAmount; // Update doughnut chart data doughnutChart.data.datasets[0].data = [ totalInvestmentValue, totalInterestValue, ]; doughnutChart.update(); } calculateIt();

In this article, we will explore the intricacies of the State Bank of India’s (SBI) PPF (Public Provident Fund) Calculator. Public Provident Fund is a popular savings scheme in India that offers both security and attractive returns. The SBI PPF Calculator is an invaluable tool for individuals looking to plan their investments and savings effectively. Let’s delve into the details step by step:

1. Introduction to PPF

Public Provident Fund (PPF) is a long-term savings scheme introduced by the Indian government. It is known for its tax benefits and secure investment options. To make the most of your PPF account, it’s crucial to understand how the PPF Calculator provided by SBI can help you.

2. Importance of Calculating PPF Returns

To maximize your PPF benefits, it’s essential to calculate your returns accurately. The SBI PPF Calculator simplifies this process, ensuring that you’re on track to meet your financial goals.

3. How to Use the SBI PPF Calculator

3.1 Accessing the Calculator

You can access the SBI PPF Calculator at the Top of this Article. It’s a user-friendly online tool.

3.2 Entering Your PPF Details

You need to enter specific details like the deposit amount, the tenure, and the current PPF interest rate.

3.3 Calculating Your PPF Returns

The calculator provides an instant calculation of your maturity amount, making financial planning hassle-free.

4. Factors Affecting PPF Returns

4.1 PPF Interest Rate

The PPF interest rate, revised quarterly, has a significant impact on your returns.

4.2 PPF Investment Amount

The amount you deposit in your PPF account plays a vital role in determining your final returns.

4.3 PPF Investment Tenure

The longer your investment tenure, the higher your PPF returns will be.

5. Why Use the SBI PPF (Public Provident Fund) Calculator?

Are you still wondering why the SBI PPF Calculator is a must-have tool for financial planning? Let’s explore the benefits it offers.

5.1 Precise Financial Planning

With the SBI PPF Calculator, you can chart your financial journey with precision. You’ll have a clear understanding of how your investments will grow over the years, allowing you to set realistic financial goals.

5.2 Realistic Goal Setting

This calculator helps you set achievable financial goals. Whether you’re saving for a dream vacation, your child’s education, or retirement, the SBI PPF Calculator can provide a roadmap to reach your objectives.

5.3 Informed Decision-Making

Gone are the days of making blind investment decisions. The SBI PPF Calculator empowers you with the knowledge needed to make informed choices about your PPF account, ensuring that you get the most out of your investment.

5.4 User-Friendly Interface

SBI’s PPF Calculator is designed for easy navigation, making it accessible to all users.

5.5 Accurate and Instant Results

The calculator ensures precision in calculating your PPF returns and provides results in real time.

6.6 Multiple Scenarios

You can experiment with different scenarios, helping you plan your investments more effectively.

Conclusion

The SBI PPF Calculator is a powerful tool that empowers you to make informed investment decisions and secure your financial future effectively. By considering the factors that affect PPF returns and implementing the provided tips, you can maximize the benefits of your PPF account.

Frequently Asked Questions (FAQs)