Details of Bank

Designated bank account details for client dealings
Name Of Bank Address Of Bank Branch Name Account Number PAN IFSC Code Account Name
HDFC Bank B.B.D Bag, East, Kolkata Stephen House 00080340040502 AAOCS1879E HDFC0000008 Gretex Share Broking Limited USCNB Account

Investors are requested to note that Stock broker Gretex Share Broking Ltd. is permitted to receive money from investor through designated bank accounts only named as Up streaming Client Nodal Bank Account (USCNBA). Stock broker Gretex Share Broking Ltd. is also required to disclose these USCNB accounts to Stock Exchange. Hence, you are requested to use following USCNB accounts only for the purpose of dealings in your trading account with us. The details of these USCNB accounts are also displayed by Stock Exchanges on their website under Know / Locate your Stock Broker.

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PPF Calculator

Public Provident Fund – long-term, tax-free savings (Groww-style inputs and live maturity estimate).

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Yr
7.1%
Invested amount
₹0
Total interest
₹0
Maturity value
₹0
Maturity value
₹0

About PPF Calculator

The Public Provident Fund (PPF) Calculator is a comprehensive financial planning tool for India's most trusted long-term investment scheme. Launched in 1968 by the National Savings Organization, PPF offers a unique combination of guaranteed returns, complete tax exemption, and government-backed security.

This calculator shows how your contributions grow over the 15-year mandatory period and longer tenures. Experiment with yearly deposits from ₹500 to ₹1.5 lakh and visualize the impact of consistent investing with triple tax benefit (EEE status).

How PPF Works

Eligibility: All Indian residents. One account per person. Minor accounts allowed (convert to adult at 18). Open at post offices or authorized banks.

Deposits: Min ₹500, max ₹1,50,000/year. Lump sum or up to 12 installments. Deposit before 5th of month for full-month interest. 15-year mandatory period.

Interest: Calculated on lowest balance between 5th and month-end. Compounded annually. Current illustrative rate: 7.1% p.a. Completely tax-free.

Maturity: After 15 years – close, extend with deposits (max ₹1.5L/yr), or extend without deposits. Partial withdrawal from year 7 (50% limit). Loan facility year 3–6.

Benefits & Features

  • Government-notified rate – stable, long-term savings
  • EEE status: Tax-free on deposit, interest, and maturity
  • 100% government-backed, zero credit risk
  • Partial withdrawal from year 7; loan from year 3–6
  • Extension in 5-year blocks; no maximum age to open

Who Should Use

Salaried employees, self-employed professionals, conservative investors, first-time investors, retirees, and parents planning children's education – anyone seeking stable, tax-efficient, risk-free long-term wealth building.

Important Considerations

Key Points: Deposit before April 5th for maximum interest. Account becomes inactive if minimum ₹500 is not deposited (₹50 penalty to reactivate). NRIs cannot open new accounts. Premature closure reduces interest to ~4%.

Example

Scenario: Age 30, ₹1.5L/year for 15 years @ 7.1%. Total investment: ₹22.5L. Maturity at 45 depends on notified rates each year; use the calculator above for projections.

FAQs

Can I open PPF at 50?

Yes, no maximum age. But 15-year lock-in applies.

What if I miss a year's deposit?

Account becomes inactive. Pay ₹50 penalty per default year + ₹500 for each missed year to reactivate.

Best time to deposit?

Before April 5th – deposits after 5th lose that month's interest.

PPF vs ELSS for tax saving?

Combine both: PPF for stability, ELSS for growth (12–15% potential).

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