PPF Calculator Online – Free Tool to Calculate Maturity & Interest
What is a PPF Calculator?
A PPF (Public Provident Fund) Calculator is an online tool that helps you estimate the maturity amount of your PPF investments based on:
- Yearly contributions (₹500 to ₹1.5 lakh)
- Current PPF interest rate (7.1% in 2024)
- Investment tenure (15+ years)
Our free PPF calculator provides year-by-year growth projections, tax savings under Section 80C, and comparisons with other investments.
How Does the PPF Calculator Work?
The calculator uses the PPF compounding formula:
Maturity Amount = P × [(1 + r)^n - 1] / r
Where:
- P = Annual investment
- r = Interest rate (e.g., 7.1% = 0.071)
- n = Tenure in years
Example: If you invest ₹1.5 lakh/year for 15 years at 7.1% interest, your maturity value will be ₹40,68,209 (₹22.5L invested + ₹18.18L interest).
How to Use This Free PPF Calculator?
- Enter Yearly Investment (Between ₹500 to ₹1.5 lakh)
- Adjust Interest Rate (Default: 7.1% as per 2024 rates)
- Select Tenure (15, 20, or 25 years)
- Click “Calculate” to see results
The tool will show:
- ✅ Total investment
- ✅ Interest earned (tax-free)
- ✅ Maturity amount
- ✅ Year-wise growth table
- ✅ Tax savings under Section 80C
Why Use Our PPF Calculator?
💡 Accurate Projections
Uses RBI-approved compounding formula for precise results.
💡 Tax Savings Breakdown
Shows how much you save under Section 80C (up to ₹46,800/year at 30% tax).
💡 Comparison with FD/MF/NPS
Helps decide if PPF is better than other options.
💡 Extension Scenarios
Calculates maturity for 15, 20, or 25 years.
Key Features of PPF Accounts
| Feature | Details |
|---|---|
| Minimum Investment | ₹500/year |
| Maximum Investment | ₹1.5 lakh/year |
| Lock-in Period | 15 years (extendable in 5-year blocks) |
| Tax Benefits | E-E-E (Exempt-Exempt-Exempt) under Section 80C |
| Partial Withdrawals | Allowed from 7th year |
PPF vs Other Investment Options
Best For: Risk-averse investors seeking tax-free, guaranteed returns for long-term goals like retirement or child’s education.
Frequently Asked Questions (FAQs)
1. Is PPF interest taxable?
No. PPF enjoys E-E-E status – contributions, interest, and maturity are all tax-free.
2. Can I extend PPF beyond 15 years?
Yes. You can extend in blocks of 5 years with or without contributions.
3. What if I miss a year’s payment?
You must pay ₹500/year as penalty for inactive years to keep the account active.
4. When is the best time to invest in PPF?
Before April 5 to claim tax benefits for that financial year.
Ready to Calculate Your PPF Maturity?
Use our free PPF calculator above to plan your tax-free savings today!