💼 PPF Calculator
Calculate Public Provident Fund (PPF) maturity amount and returns. Plan your long-term savings with PPF investment calculator.
Frequently Asked Questions (FAQs)
What is PPF?
PPF (Public Provident Fund) is a long-term savings scheme offered by the Government of India. It has a lock-in period of 15 years and offers tax benefits under Section 80C. PPF accounts can be opened at post offices or banks, and contributions can be made annually with a minimum of ₹500 and maximum of ₹1.5 lakhs per financial year.
What is the current PPF interest rate?
The PPF interest rate for Q1 FY 2024-25 is 7.1% per annum, compounded annually. The interest rate is reviewed quarterly by the government and may change. PPF interest rates are generally higher than fixed deposits and are tax-free.
What is the minimum and maximum investment in PPF?
The minimum investment in PPF is ₹500 per financial year, and the maximum is ₹1.5 lakhs per financial year. You can make contributions in lump sum or in installments (maximum 12 installments per year). Partial withdrawals are allowed after 7 years.
What are the tax benefits of PPF?
PPF offers triple tax benefits: 1) Contributions are eligible for deduction under Section 80C up to ₹1.5 lakhs, 2) Interest earned is completely tax-free, 3) Maturity amount is also tax-free. This makes PPF one of the best tax-saving instruments in India.
Can I extend my PPF account beyond 15 years?
Yes, you can extend your PPF account in blocks of 5 years after the initial 15-year period. You can extend it indefinitely by submitting Form H before maturity. During extension, you can continue making contributions and earn interest.
Is the PPF calculator free?
Yes, our PPF calculator is completely free to use. No registration or sign-up required. Calculate your PPF maturity amount and plan your long-term savings as many times as you need.
PPF Calculator - Plan Your Long-Term Savings
Our free PPF calculator helps you estimate your Public Provident Fund maturity amount and plan your long-term savings. PPF is one of the best tax-saving instruments in India with triple tax benefits and guaranteed returns.
How to Use the PPF Calculator
- Enter your annual PPF investment (between ₹500 and ₹1.5 lakhs)
- Optionally enter your current PPF balance
- Set the interest rate (default: 7.1% p.a.)
- Enter the investment period (minimum 15 years)
- Click "Calculate PPF" to see your maturity amount
Key Features
- Maturity Calculation: Estimate your PPF corpus at maturity
- Interest Estimation: Calculate total interest earned over the investment period
- Tax Benefits: Understand triple tax benefits (80C deduction, tax-free interest, tax-free maturity)
- Long-Term Planning: Plan your financial goals with PPF
- Flexible Inputs: Adjust interest rates and investment periods
💡 Pro Tip: PPF offers triple tax benefits and is one of the safest investment options in India. Start investing early and maximize your contributions (up to ₹1.5L) to build a substantial retirement corpus.