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PPF Calculator

Maximise your savings by investing in a PPF account and use the PPF calculator to estimate returns. Learn more!

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If you're planning to save for your future, you've probably come across the Public Provident Fund (PPF) scheme. It offers attractive interest rates and tax benefits. By investing in PPF you get a long-term savings option that allows you to invest for 15 years, with the option to extend it for another five years. However, if you're wondering how much you can earn from investing in PPF, then you'll need to use a PPF calculator. Let’s learn about this financial tool in detail.

What is the meaning of PPF? Definition, How does it work
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The Public Provident Fund (PPF) is an investment scheme that offers a way to build a retirement corpus. It is a savings-cum-investment scheme introduced by the Government of India. The minimum investment tenure is 15 years. Apart from saving for your retirement, you get the advantage of tax deduction by investing in this scheme. The investment made in PPF is eligible under Section 80C of the Income Tax Act under the old tax regime, and the interest earned on the PPF account is tax-free under both regimes. To estimate the returns on your PPF investment, you can use a PPF calculator.

PPF calculator

Plan Your Savings with Our PPF Investment Calculator

Yearly Deposit
Rate of interest(p.a)
Total Amount
₹ 66,58,288
Estimated returns
₹ 36,58,288
Principal Amount
₹ 30,00,000

Check how much you can earn with PPF
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To open a PPF account, you need to be a resident of India and be over 18 years of age. The maximum investment limit in a financial year is INR 1.5 lakhs, and the minimum investment required is INR 500. The interest rate on PPF is reviewed by the government every quarter and is linked to the 10-year government bond yield,

What is a PPF calculator in India?
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PPF calculator in India refers to a tool that calculates the estimated returns on investments made in a Public Provident Fund (PPF) account. It considers the investment amount, the duration of the investment, and the prevailing rate of interest offered by the government on PPF deposits. It calculates the expected return on investment and helps you plan your savings accordingly.

Step-by-step guide on how to use a PPF Calculator?
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Using a PPF calculator in India is a straightforward process. Here are the steps you need to follow.

Step 1: Open the PPF calculator

There are various PPF calculators available online that you can use for free. Search for one that suits your needs.

Step 2: Enter the investment amount

The first step is to enter the amount you plan to invest in your PPF account. Make sure you enter the correct amount to get accurate calculations.

Step 3: Select the tenure

The next step is to select the tenure of the PPF account. The minimum tenure is 15 years, and the maximum is 50 years. You can select any tenure that suits your financial goals.

Step 4: Choose the frequency of deposits 

You can choose the frequency of your PPF deposits, whether monthly or yearly. Choose the option that you plan to follow.

Step 5: Enter the interest rate

The interest rate on PPF accounts changes periodically, so check the current rate and enter it in the calculator.

Step 6: Click on calculate

Once you have entered all the required details, click the calculate button. The calculator will generate a report with the investment details, including the interest earned, maturity amount, and other details.

Step 7: Analyse the report

The report generated by the calculator will provide a detailed analysis of your investment. Analyse the report carefully to understand the impact of the various parameters on your investment.

Once you enter these details, the calculator will provide you with an estimate of the maturity amount and the interest earned on your investment.

How can a PPF calculator help you?
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Here are the benefits of using this calculator.

  1. Accuracy: A PPF calculator accurately estimates the maturity amount and the interest earned on your investment.

  2. Time-saving: Manually calculating the interest and maturity amount can be a time-consuming process. A PPF calculator can do it within seconds.

  3. Easy to use: PPF calculators are user-friendly and easy to use. You don't need any special skills or knowledge to use them.

  4. Helps in financial planning: Using a PPF calculator can help plan your finances better and make informed decisions.

  5. Customizable: You can adjust various parameters such as deposit frequency, amount, and tenure to see how it affects the final amount.

  6. Future projections: PPF calculators can provide future projections of the maturity amount, helping you make long-term plans.

  7. Comparison: PPF calculators can be used to compare different investment options to determine which one is the best for you.

Real-life example of PPF calculations
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Suppose Mr. A wants to invest Rs. 1,00,000 annually for 15 years in a PPF account. The current rate of interest is 7.1% per annum, compounded annually. We can use the formula to calculate the maturity value of the PPF account after 15 years.

F = P [({(1+i) ^n}-1)/i]


Substituting the values in the formula, we get:

F = 1,00,000 [({(1+7.1%/100) ^15}-1)/(7.1%/100)]

Simplifying the equation, we get:

F = 1,00,000 [(1.07 ^15 - 1)/0.071]

F = 25,18,932.27

Therefore, the maturity value of Mr. A's PPF account after 15 years would be Rs. 25,18,932.27. This calculation can help Mr. A in his financial planning and make an informed decision about investing in a PPF account.

Key Features of Public Provident Fund
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Let’s take a look at some of the key features of PPF:

  1. Long-Term Savings: PPF is a scheme where you invest for a long term, with a maturity period of 15 years. You can even extend it in 5-year blocks after that. 

  2. Tax Perks: When you put money into a PPF account, you get to claim deductions under Section 80C of the Income Tax Act in India. The interest your PPF account earns is also tax-free. 

  3. Steady Interest Rate: The government sets the interest rate for PPF accounts, and it's typically better than what you would get from a regular savings account. They update this rate every quarter, as of now, it's at 7.1% per year. 

  4. Option to withdraw: While you need to hold onto your investment for at least 15 years, you can make partial withdrawals starting from the 7th year, with a few conditions. Borrowing Option: If you've had your PPF account for 3 to 6 years, you can take out a loan using the balance you've built up. 

  5. Nominee benefits: You can nominate someone who will get the money in your PPF account if something happens to you. 

  6. Option to transfer: You can switch your PPF account from one authorized bank or post office to another, which gives you some flexibility. 

  7. No risks involved: Unlike some other investments, PPF doesn't make you sweat over market ups and downs because it has got the government's backing. 

  8. Future and Financial Security: A lot of people use PPF to save for retirement or other long-term money goals because it's safe and has tax advantages.

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A public provident fund is the perfect investment option for anyone who is risk-averse. Market fluctuations and other such factors do not affect the PPF. It is also one of the safest investment options as it is backed by the government. A PPF can also help you save tax, go ahead and start one today!

Frequently asked questions
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Here are some frequently asked questions about the PPF calculator in India.


Is the PPF calculator in India accurate?

Yes, the PPF calculator in India is accurate. However, the actual returns may vary depending on the prevailing interest rate and other factors.

Can I use the PPF calculator to plan my investments?

Yes, you can use the PPF calculator to plan your investments. It helps you to determine the amount you need to invest and the duration of the investment to achieve your financial goals.

Is it necessary to use a PPF calculator for PPF investments?

No, it's not necessary to use a PPF calculator for PPF investments. You can calculate the maturity amount and the interest earned manually. However, a PPF calculator can save you time and provide accurate estimates.

Are PPF calculators available for free?

Yes, several PPF calculators are available for free online. You can use them without any charge.

Can I use the PPF calculator for investments other than PPF?

No, you can't use the PPF calculator for investments other than PPF. It's designed specifically for PPF investments.

Is the PPF calculator available in mobile apps?

Yes, several mobile apps offer PPF calculators. You can download them from Google Play Store or Apple App Store.

What are other alternatives for PPF?

Other alternatives for PPF are as follows.

  • National Savings Certificate (NSC)

  • Equity-Linked Savings Scheme (ELSS)

  • Sukanya Samriddhi Yojana (SSY)

  • Fixed Deposits (FDs)

These are some great alternatives to PPF that can offer higher returns or tax benefits, depending on your investment goals and risk appetite.

Disclaimer: The content on this page is generic and shared only for informational and explanatory purposes. It is based on industry experience and several secondary sources on the internet, and is subject to changes.