Estimate the returns on your PPF investment to find out the maturity amount and interest earned.
The Public Provident Fund (PPF) calculator serves as a valuable resource if you’re seeking an estimate of the growth of your investments. This financial tool takes into account key factors such as the investment amount, the tenor, and the interest rate, to provide a projected maturity value. It also covers the total interest earned.
By leveraging the PPF calculator, you can make informed decisions regarding your savings goals. You can also gain a clear picture of the long-term benefits associated with this government-backed savings scheme.
Here are a few steps you must follow to use the PPF returns calculator:
Enter the amount you plan to deposit periodically into your PPF account
Choose the frequency of investment (monthly, quarterly, or annually)
Enter the interest rate applicable to your PPF investments
Once you submit these details, the interest and maturity amount will be estimated by the calculator and displayed on the screen.
Once the PPF tenor of 15 years has ended, you can extend the investment period by blocks of 5 years. The returns you earn will depend on the investment duration.
Here is a preview of the maturity amount calculations for different investment periods. The following particulars have been considered for this example.
You invest ₹1 Lakh each year in your PPF account
The rate of interest is 7.10% p.a.
In that case, here is how your investment will grow across different investment periods:
Investment Tenor |
Total Amount of Investments Made |
Total Interest Earned |
Maturity Amount |
15 years |
₹15,00,000 |
₹12,12,139 |
₹27,12,139 |
20 years |
₹20,00,000 |
₹24,38,859 |
₹44,38,859 |
25 years |
₹25,00,000 |
₹43,72,010 |
₹68,72,010 |
30 years |
₹30,00,000 |
₹73,00,607 |
₹1,03,00,607 |
As you can see, owing to the power of compounding, you can grow your corpus to over ₹1 Crore by simply investing ₹1 Lakh a year for 30 years.
You can use the following formula to calculate your PPF interest:
A = P [({(1+i)n}-1) ÷ i
Here,
A is the maturity amount
P is the amount invested
i is the rate of return/interest
n is the investment tenor
The PPF interest calculator can be a powerful tool for anyone considering investing in the Public Provident Fund (PPF) scheme in India. Here's how it benefits you:
Experiment with different investment amounts and tenors to see how they impact your maturity value. This helps you design a personalised investment plan that aligns with your financial goals, whether i Read Moret's building a retirement corpus or funding your child's education. Read Less
Know the potential returns from PPF to set realistic savings goals. Use the calculator to determine the investment amount needed to achieve your desired maturity amount, ensuring you stay on track fina Read Morencially. Read Less
Gain a clear picture of the total amount you would need to contribute over the chosen tenor. This helps with budgeting and financial planning, allowing you to allocate funds efficiently for your PPF in Read Morevestment. Read Less
Witness how your investment grows exponentially over time, factoring in the power of compound interest. This visual representation can act as a motivator to stay disciplined and consistent with your co Read Morentributions. Read Less
Some calculators allow you to compare the potential returns from PPF with other investment options like fixed deposits or mutual funds. This comparative analysis empowers you to make informed decisions Read More based on your risk tolerance and investment objectives. Read Less
The calculator utilises publicly available information on PPF interest rates and calculation methods, fostering transparency and trust in the estimated results. This allows you to make decisions based Read Moreon realistic expectations. Read Less
The PPF calculator is an online tool used to calculate the returns or interest earned on your PPF investments. It also displays the maturity amount you will receive at the end of the investment period.
Yes, the PPF maturity calculator is free to use online.
The PPF maturity amount is calculated by adding the cumulative deposits made during the investment period to the accrued interest on these deposits. Determine your PPF maturity value easily with an online calculator.
To use the PPF returns calculator, you simply need to input the below details:
Contribution amount
Frequency of the investment (monthly, quarterly, or yearly)
Tenor
Upon submitting this information, the calculator will determine the interest accrued on your deposits during the selected period.
PPF calculators are generally accurate, as they use the official interest rates and established calculation methods. However, they estimate future returns and actual results might vary slightly due to potential interest rate fluctuations.
The PPF interest rate is not fixed and is reviewed quarterly by the government. However, as of March 2024, the interest rate stands at 7.1%.
A Public Provident Fund or PPF calculator considers your desired investment amount, chosen investment period, and the current interest rate to estimate your potential maturity value and total interest earned.