A Public Provident Fund (PPF) calculator is an online tool that helps in estimating the growth of your PFF investments over a specified period. It displays the total returns you will earn on the amount invested in the PPF account.
To simplify the task of computing interest rates and returns on your PPF account, utilise a PPF account calculator.
Here are a few steps you must follow to use the PPF 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 on 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 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
Prevailing interest rate
Upon submitting this information, the calculator will determine the interest accrued on your deposits during the selected period.