PPF Calculator
Calculate your returns and tax savings with our Public Provident Fund (PPF) Calculator.
Max ₹1,50,000 per year
Minimum 15 years
What is a PPF Calculator?
A PPF (Public Provident Fund) Calculator is a utility that helps you calculate the maturity value of your PPF account. PPF is a government-backed, long-term savings scheme in India that offers guaranteed returns and tax benefits. It has a lock-in period of 15 years. This tool helps you visualize how your annual or monthly contributions grow over this 15-year period with compounding interest.
How It Works
The PPF calculator computes the interest annually. The interest rate is set by the government every quarter. The key rule in PPF is that interest is calculated on the lowest balance between the 5th and the last day of the month. Therefore, investing before the 5th of the month maximizes your returns.
Example Calculation
Vikram invests ₹1,50,000 (maximum limit) every year in his PPF account for 15 years at 7.1% interest.
- 1.Annual Investment = ₹1,50,000
- 2.Interest Rate = 7.1%
- 3.Tenure = 15 years
- 4.Total Amount Invested = ₹22,50,000
- 5.Interest Earned ≈ ₹18,18,209
- 6.Maturity Amount ≈ ₹40,68,209
Why This Tool is Useful
- ✓Accurately forecasts the maturity corpus for retirement planning.
- ✓Shows the split between total investment and interest earned.
- ✓Helps in planning tax-saving investments under Section 80C.
- ✓Demonstrates the benefit of investing the full ₹1.5L limit.
- ✓Useful for deciding whether to extend the account after 15 years.
Tips & Comparison
- •EEE Status: PPF falls under Exempt-Exempt-Exempt. Investment, Interest, and Maturity amount are ALL tax-free.
- •Invest by the 5th: To earn interest for the current month, deposit your contribution on or before the 5th.
- •Extension: After 15 years, you can extend your PPF account in blocks of 5 years indefinitely.
- •Loan Facility: You can avail a loan against your PPF balance from the 3rd to the 6th financial year.