PPF Calculator
Estimate your PPF maturity amount and plan your long-term, tax-free savings with our simple and accurate calculator.
PPF Inputs
Maturity Details
Total Invested
₹22,50,000
Total Interest
₹18,18,209
Maturity Value
₹40,68,209
What is a PPF Calculator?
A PPF (Public Provident Fund) Calculator is a financial tool that helps you compute the returns on your PPF investment. By providing details like your yearly investment amount and the investment tenure, the calculator projects the maturity value of your PPF account, including the total interest earned. It simplifies retirement planning and helps you understand the power of tax-free compounding.
How to Use Our PPF Calculator
- Enter the yearly investment amount you plan to deposit into your PPF account.
- Input the current PPF interest rate (as set by the government).
- Specify the total tenure of your investment in years (minimum 15 years).
- Click the 'Calculate' button to see the total investment, total interest earned, and the final maturity value.
Frequently Asked Questions (FAQs)
What is the Public Provident Fund (PPF)?
The Public Provident Fund (PPF) is a long-term, government-backed savings scheme in India. It offers attractive interest rates, tax benefits under Section 80C, and tax-free returns, making it a popular choice for retirement planning and long-term goals.
How is the interest on a PPF account calculated?
PPF interest is compounded annually and calculated on the lowest balance between the close of the fifth day and the last day of every month. The interest rate is set by the government every quarter.
What is the lock-in period for a PPF account?
A PPF account has a mandatory lock-in period of 15 years. After maturity, it can be extended in blocks of 5 years with or without further contributions.
What are the minimum and maximum investment limits in PPF?
You can invest a minimum of ₹500 and a maximum of ₹1,50,000 in a single financial year. The investment can be made in a lump sum or in up to 12 installments.