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PPF Calculator - Public Provident Fund Calculator Online
Plan your future with the best PPF Calculator.
Estimate the maturity amount and track how regular contributions can help you reach your financial goals.
Public Provident Fund (PPF)
PPF accounts have long been a favourite among Indian investors—retail and HNIs alike. Why? Because the scheme is government-backed, it offers a 100% guarantee on principal and returns, with an attractive interest rate of 7.1% p.a. compounded over time.
PPF is more than just safe savings; it is a powerful long-term wealth creation tool, thanks to tax benefits and accumulated interest. Whether you are a new employee planning your future or a parent saving for your child, PPF is ideal for building disciplined, risk-free savings.
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Your PPF Account and its Tax Benefits
PPF is an “EEE” (Exempt-Exempt-Exempt) investment. It offers tax advantages at every stage:
- Contribution: Eligible for deduction under Section 80C (up to ₹1.5 lakh per year, old tax regime).
- Interest: Completely tax-free while it accumulates.
- Withdrawal: Entire maturity amount is tax-free.
Isn’t PPF a highly effective, long-term savings and wealth-building tool? Curious to see your PPF growth? Calculating returns manually can be tricky. Try our PPF account calculator online.
Public Provident Fund Calculator Online
The PPF Calculator helps you see how your contributions grow over time and what your PPF account could be worth at maturity.
PPF has a 15-year lock-in period (extendable by 5 years) and allows contributions of ₹500 to ₹1.5 lakh per year per PAN. The calculator focuses on fund accumulation, not tax benefits, and uses the latest government-set interest rate (currently 7.1%)
How Does a PPF Calculator Assist?
A PPF calculator makes it easy to track the growth of your Public Provident Fund account and estimate your maturity amount. Interest rates on PPF change periodically, and this tool helps you factor in those changes without any manual calculations.
With a user-friendly Public Provident Fund Calculator Online, you can quickly see how your contributions grow over time and make informed decisions about your savings. For a reliable and easy-to-use calculator, MyMudra is a trusted choice.
Know How to Use the MyMudra PPF Calculator
Know How to Use the MyMudra PPF Calculator
MyMudra’s online PPF calculator is very quick and simple. You have to slide over to enter three data inputs:
- Yearly Investment …..in ₹
- Rate of Interest (p.a.) …..in %
- Time Period (years).....
The PPF calculator uses this data to show three instant key estimates:
- Invested Amount
- Total Interest Earned
- Maturity Value
Plan your contributions smarter and see your PPF grow over time.
Apply TodayThe PPF Calculator Formula With Example
Calculating PPF maturity manually can be tricky, but understanding the formula helps you see how your contributions grow over time.
The mathematical PPF formula is:
F = P × (1 + i)n - 1 i
Components:
- F - Maturity amount of the PPF account
- P - Annual contribution
- i - Annual interest rate (in decimal)
- n - Total number of years
Example:
Suppose an individual contributes ₹1,20,000 annually for 12 years at a 7.1% interest rate. Using the formula, the maturity amount at the end of 12 years will be approximately ₹22,45,000.
A Sample of Yearly Growth Table:
| Year | Opening Balance (₹) | Contribution (₹) | Interest (₹) | Closing Balance (₹) |
|---|---|---|---|---|
| 1 | 0 | 1,20,000 | 8,520 | 1,28,520 |
| 2 | 1,28,520 | 1,20,000 | 19,365 | 2,67,885 |
| 3 | 2,67,885 | 1,20,000 | 32,110 | 4,20,995 |
| 4 | 4,20,995 | 1,20,000 | 46,952 | 5,87,947 |
| 5 | 5,87,947 | 1,20,000 | 63,981 | 7,71,928 |
| 6 | 7,71,928 | 1,20,000 | 83,044 | 9,74,972 |
| 7 | 9,74,972 | 1,20,000 | 1,04,085 | 11,99,057 |
| 8 | 11,99,057 | 1,20,000 | 1,27,034 | 14,46,091 |
| 9 | 14,46,091 | 1,20,000 | 1,51,819 | 17,17,910 |
| 10 | 17,17,910 | 1,20,000 | 1,78,587 | 20,16,497 |
| 11 | 20,16,497 | 1,20,000 | 2,06,572 | 23,43,069 |
| 12 | 23,43,069 | 1,20,000 | 2,23,931 | 26,87,000 |
Using a PPF calculator online removes all the manual math and instantly shows your maturity amount, principal contributed, and interest earned over the years.
Apart from yearly calculations, you can also use the PPF calculator for monthly contributions, making it easier to plan your savings and track growth.
Benefits of Using a Public Provident Fund Calculator
Clarity
Get a clear picture of how much interest your PPF contributions will earn and how your savings will grow over time.
Tax-Saving
Easily plan contributions to maximise tax benefits under Section 80C.
Planning
Decide the right tenure and contribution strategy to align with your financial goals.
Accuracy
Run multiple simulations with precise results, free from manual calculation errors.
Impartiality
Automated and unbiased, ensuring results are based purely on numbers, not assumptions.
Comparison
Compare PPF returns with other investment options for smarter financial decisions.
Estimation
Instantly know your total yearly investment, maturity value, and interest earned.
Flexibility
Try different contribution amounts and frequencies (fixed or variable) to see the impact.
Who Should Use a PPF Calculator
A Public Provident Fund Calculator online is ideal for anyone who wants clarity and precision in long-term savings planning. It can be useful for the following:
- First-time investors can understand how their annual contributions grow over time.
- Salaried professionals can maximise Section 80C benefits while building a retirement corpus.
- Parents and guardians can plan disciplined, risk-free savings for children’s education or marriage.
- Retirement planners can estimate how much they will accumulate by the end of the 15-year lock-in period.
- HNI investors who use PPF alongside other investment options for guaranteed, tax-efficient returns.
If you are serious about safe and tax-efficient wealth building, a provident fund calculator is your best planning companion.
FAQs for PPF Calculator
Does the PPF calculator account for inflation?
No. Most PPF calculators do not consider inflation, which means actual purchasing power of your maturity value may be lower in the future.
What if the government changes PPF rules?
The PPF calculator is based on current rules and interest rates. However, if the government revises these rates or alters the tax status (EEE), the actual results in the future may differ from today’s estimates.
Why should I use the PPF calculator instead of manual calculation?
The formula for PPF maturity can be complex. The calculator saves time, avoids errors, and allows you to run multiple scenarios instantly.