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)
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
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
- ✅ 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 |