PPF Maturity Amount:

Total Investment:

Total Interest Earned:

Year | Maturity Value | Total Investment | Total Interest Earned |
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An online PPF calculator assists an investor to ascertain the returns and growth or maturity amount of PPF savings based on the investment duration, nominal rate of interest, and contribution amount. Such an online calculator gives a golden insight on investing in PPF as well for anyone wishing to invest in PPF, yet being oblivious to the returns or amount to invest.

Using a PPF calculator offers several benefits:

**You Can Visualise Your PPF Growth:**This gives you an idea of how your PPF would grow over the years, which comes in handy when planning the depth of your pockets to meet your financial goals, like retirement, children’s education or marriage.**Compare investment options:**How you can compare the rate of return on the PPF with other investment options, such as bank deposits, to make a decision.**Maximise Contributions:**Calculates the optimal way to utilise the Rs.1.5 lakh annual limit so you don’t waste an opportunity to earn more.**Log Progress:**Allows you to track your PPF in a way that helps you feel motivated to stay on track with accomplishing the financial goals that you’ve set for yourself.

Using a PPF calculator is pretty easy. Here’s what you need to do:

- Enter the financial year you wish to receive the PPF for – in this case, it would be all financial years that will be applicable in the future.
- Enter the amount of money you wish to invest.
- Indicate whether you want to pay through cheque or digital mode.
- Choose how you would simply want to invest this amount each year; in this case, your investments will be simple.
- Click on ‘Calculate’. The online PPF calculators will provide you with set timelines for your payment: half-yearly, quarterly, monthly, or yearly.
**Decide the Frequency of Investment:**Decide whether you wish to avail options on the given day of each month, the 1st day of every calendar quarter, the first day of every calendar half year, or the first day of the each calendar year. In case you are a salaried individual, monthly works well for convenience and precision.**Enter amount into Monthly PPF Investment:**Here, enter the amount you want to deposit in the given PPF account. Don’t exceed Rs 12,500 in a month or Rs 1.5 lakh in a year.**Pick the Period of Investment:**pick the amount of time you would like to invest. The minimum time horizon is 15 years. Here you can extend every five years.**Future Value:**Enter the maturity amount here automatically when you fill in all of your details.

PPF calculator is an easy tool to track your account balance and its growth. It helps to address questions related to changing interest rates and how the maturity value is affected by the fluctuating interest rate regime around it. Any PPF account opening form would require basic information like the sum of initial deposit, tenure and investment frequency. In contrary to this, the PPF Calculator helps you visualise definite profit and ground the PPF calculations in your system.

A PPF calculator uses a formula similar to that for calculating the future value of an annuity. The formula is:

M = P [ ( (1 + i) ^ n - 1 ) / i ] Where: M = Maturity benefit P = Annual installments i = Interest rate n = Number of years

This formula helps calculate the maturity value of your PPF investment.

For instance, if you make annual contributions of Rs 1,00,000 for 15 years at an interest rate of 7.1%, the maturity value can be calculated as follows:

M = Rs 1,00,000 [ ( (1 + 0.071) ^ 15 - 1 ) / 0.071 ] = Rs 27,12,139

Some of the key advantages include:

**Accuracy:**Calculates maturity amounts precisely from an input consisting of an investment amount and its frequency.**Time-saving:**Delivers results quickly, saving the need for manual calculations.**Financial Planning:**Assists in setting realistic financial goals by projecting potential returns.**Flexibility:**Allows experimenting with different scenarios by adjusting parameters.**Convenience:**Easily accessible online, making it convenient to calculate PPF investments anytime.

**How is the interest on PPF calculated?**

The PPF interest is announced by the government. It is applicable to your PPF account from the beginning of the quarter, and based on the balance in your account on five days before the start of the quarter. So, make the deposit before that five-day period is over.

**What is the minimum lock-in period for PPF?**

You can lock in for a minimum of 15 years and extend in five-year blocks where partial or full withdrawals are allowed after only five years of investing.

**What is the minimum amount required to start investing in PPF?**

You can start investing in PPF with as little as ₹500.

**How much will I get in PPF after 15 years?**

The maturity amount is also the amount invested plus the interest that has compounded over 15 years: the yield on the investment multiplied by the principal.

**Is PPF investment tax-free?**

Yes – whether it’s interest earned or the maturity amount, investments of ₹1.5 lakh each year qualify for income tax exemption. Contributions to such accounts are eligible for tax deductions.

**How is the PPF maturity period calculated?**

The account will mature in 15 years from the close of the financial year in which it was opened. For instance, if the account was opened in June 2024, it will mature in March 2040.