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Consider your spending habits, lifestyle, and financial goals to select a card that best suits your needs, such as travel, shopping, or rewards.

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SBI Card offers a user-friendly mobile app and online banking services to help you manage your card, check statements, make payments, and access additional features.

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Responsible credit card usage includes paying bills on time, managing credit limits wisely, and avoiding unnecessary spending to prevent debt accumulation.

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Trusted by 1L+ Indians

Want to Achieve any of the below Goals upto 80% faster?

Dream Home

Dream Wedding

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Retirement

1st Crore

Dream Home

Dream Wedding

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Retirement

1st Crore

Trusted by 3 Crore+ Indians

Want to Achieve any of the below
Goals upto 80% faster?

Dream Home

Dream Wedding

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Retirement

1st Crore

Trusted by 3 Crore+ Indians

Want to Achieve any of the below
Goals upto 80% faster?

Dream Home

Dream Wedding

Dream Car

Retirement

1st Crore

Trusted by 3 Crore+ Indians

Want to Achieve any of the below Goals upto 80% faster?

Dream Home

Dream Wedding

Dream Car

Retirement

1st Crore

Trusted by 3 Crore+ Indians

Want to Achieve any of the below Goals upto 80% faster?

Dream Home

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Retirement

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PNB SIP Calculator

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PNB SIP Calculator

Aug 5, 2024

5 Mins

Example Calculation

Investment Amount: ₹25,000
Annual Return Rate: 12%
Investment Period: 10 Years
Total Investment: ₹30,00,000
Estimated Returns: ₹28,08,477
Total Value: ₹58,08,477

Invest Now with PNB Mutual Fund

PNB Mutual Fund offers a variety of SIP (Systematic Investment Plan) schemes tailored to different investment needs. Mutual funds have gained significant popularity as an effective investment vehicle, attracting a large number of investors. Tools like the PNB Mutual Fund SIP calculator help estimate potential returns, aiding investors in achieving their financial goals, whether it's for retirement, marriage, buying a house, or purchasing a car.

What is a SIP and How Does it Work?

A Systematic Investment Plan (SIP) is an investment method allowing individuals to invest small amounts regularly in a mutual fund scheme, rather than making a one-time lump sum investment. This method helps build a substantial corpus over time in a convenient and flexible manner. SIPs enable the purchase of additional units of a scheme at the prevailing Net Asset Value (NAV) by investing a fixed amount every month. It encourages disciplined investing for long-term wealth creation. The PNB SIP calculator assists investors in estimating returns and setting financial goals like retirement planning, marriage, buying a house or car, and higher education.

How to Use the PNB SIP Calculator

Follow these simple steps to estimate the amount required to achieve your financial goals:

Enter Monthly Investment Amount: Input the amount you wish to invest monthly or use the slider to select the amount.

Enter Return Rate: Input the expected return rate or adjust the slider to set the rate.

Choose Investment Period: Select the duration of your investment.

Click ‘Invest Now’: The calculator will display the invested amount, estimated returns, and the total value instantly.

PNB Mutual Fund Calculator Formula

The formula used to calculate the future value of SIP investments is:

𝐴=𝑃×((1+𝑖)𝑛−1𝑖)×(1+𝑖)A=P×( i(1+i) n −1 )×(1+i)

where:

A: Amount received at the end of the investment period

P: Monthly SIP investment amount

i: Compounded rate of return (annual rate of return % divided by 12)

n: Number of months

This formula helps investors understand the potential growth of their investments over the chosen period, enabling them to make informed financial decisions.

Example Calculation

Investment Amount: ₹25,000
Annual Return Rate: 12%
Investment Period: 10 Years
Total Investment: ₹30,00,000
Estimated Returns: ₹28,08,477
Total Value: ₹58,08,477

Invest Now with PNB Mutual Fund

What is a SIP and How Does it Work?

How to Use the PNB SIP Calculator

Follow these simple steps to estimate the amount required to achieve your financial goals:

Enter Monthly Investment Amount: Input the amount you wish to invest monthly or use the slider to select the amount.

Enter Return Rate: Input the expected return rate or adjust the slider to set the rate.

Choose Investment Period: Select the duration of your investment.

Click ‘Invest Now’: The calculator will display the invested amount, estimated returns, and the total value instantly.

PNB Mutual Fund Calculator Formula

The formula used to calculate the future value of SIP investments is:

𝐴=𝑃×((1+𝑖)𝑛−1𝑖)×(1+𝑖)A=P×( i(1+i) n −1 )×(1+i)

where:

A: Amount received at the end of the investment period

P: Monthly SIP investment amount

i: Compounded rate of return (annual rate of return % divided by 12)

n: Number of months

This formula helps investors understand the potential growth of their investments over the chosen period, enabling them to make informed financial decisions.