Public Provident Fund (PPF) Calculator for Calculating Maturity Amount

The Public Provident Fund (PPF) Calculator is the most useful tool for those people who are looking for investing in Public Provident Fund. The PPF Calculator is easy to operate and gives all the information you want within a few seconds. Nowadays, all banks and financial companies provide various schemes on Public Provident Fund. But the investors can not decided which PPF option is more beneficial to them with help of PPF Calculator Online. The Public Provident Fund (PPF) Calculator can be used for calculating the PPF Maturity amount of any bank be it SBI, HDFC, ICICI, etc since only the default fields in the calculator would need to be changed.

How to Calculate PPF Maturity Amount?

The PPF Calculator will calculate Maturity Amount, Interest Income at the end of Public Provident Fund Tenure (period). All you need to do is just put (enter) some key details about the Public Provident Fund option you want to analyse in the PPF Calculator Online. After that you just need to click on Calculate button to proceed. Within just 03 to 05 Seconds, the PPF Calculator will show all the details on your device screen.

PPF Calculator

Yearly Investment (Rs. - ): *

Time Period in years( Yrs): *

Rate of Interest (P.A) ( %): *

What is PPF maturity amount?

At the rate of % per annum, if you invest Rs. Yearly for a term of Years.

Total Investment :
Wealth Gained:

How to Use PPF Calculator Online?

The PPF Calculator will ask some simple information to help you count Public Provident Fund Interest and Maturity Amount. The key details you need to provide are as follows.

  • Yearly Investment
  • Time Period
  • Rate of Interest

Please fill up the above details without error in PPF Calculator.

What is Public Provident Fund?

In 1968, the Ministry of Finance, Government of India, introduced the Public Provident Fund (PPF) Account as a savings and tax-savings scheme. PPF is one of the most well-known tax saving scheme provided by the Government of India. The primary goal of PPF is to save small amounts and provide reasonable tax-free returns. Public Provident Fund is a simplest tax savings instrument offered by Banks under Section 80C. You can invest an amount every month or yearly for 15 years at a rate of interest declared by the government of India. You will get the Deposit amount and interest at the end of the terms. it is risk-free investment and guaranteed returns.

Insights of Public Provident Fund (PPF) Account.

  • A savings and tax-savings scheme under Section 80C.
  • The current interest rate is 7.1% for 2020-21.
  • The Public Provident Fund Lock-in period is 15 yrs
  • Annual Deposit Amount: a minimum Rs. 500 and maximum of Rs. 1.5 lakh in a yrs.
  • From the third to the sixth year, a loan will be taken out against funds in a PPF account.
  • From the seventh financial year onward, partial withdrawals are permitted.
  • Joint Accounts are not permitted.

What is the Eligibility for opening PPF Account?

  • The investor should be a Resident of India.
  • The investor Must be above 18 years old.
  • The investor have opened a PPF Account and subsequently obtained NRI status are permitted to keep their PPF Accounts open until the date of maturity, but they are not available for the maturity extension option.
  • HUFs are not qualified to open a Public Provident Fund account.

What is the current PPF interest rate?

The interest rate is decided by the government of India on a regular basis. The current interest rate is 7.1 percent a year.

What is the maturity date of PPF account?

The Public Provident Fund Lock-in period is 15 years. However, beginning in the sixth year, partial withdrawals are permitted. also complating 15 years you can be renewed for another 5 years.

how to calculate Public Provident Fund(PPF) interest?

If you are looking for an Public Provident Fund interest formula to know a maturity amount, here is the exact Compound Interest formula that can be used for calculating interest.

With the help of PPF interest formula, you can estimate the expected return. The formula to calculate interest amount:

Maturity Amount =  P [({(1+r) ^n}-1)/r]

			P for yearly Investment
			r for Rate of Interest
			n for Recurring Deposit Time Period (Years)

If you invest Rs. 36,000 every year for a term of 15 years At the rate of 7.1% per annum.

Yearly Investment is Rs 36,000,

Interest Rate is 7.1% per annum,

Number of years of investment is 15 years,

Maturity Amount = 9,76,370,

Interest amount = Rs 9,76,370 - Rs 5,40,000 = Rs 4,36,370

how to calculate Public Provident Fund (PPF) interest in excel?

    rate :- Rate of Interest. (Annual Interest rate/100)
    nper :- loan tenure. (year)
    PMT  :- yearly Investment. Must be entered as a negative number..
    pv   :– principal investment [optional] 
    type :– 0 for end of the month. & 1 for beginning of the month [optional] 

Refer above example, The Maturity Amount can be calculated by placing the following formula in a cell in Excel spreadsheet:


Online PPF Calculator is helps you to check your Public Provident Fund maturity amount and interest for SBI, Axis, icici, indusind, HDFC.