# PPF Calculator

To find the maturity amount for your PPF, enter the annual or monthly PPF investment, the interest rate (p.a.), and the tenure years.

500₹ 1.5L
Yr
15 50
%
 Invested Amount :  ₹1,00,000 Total Interest :  ₹33,823 Maturity Value :  ₹1,33,823

In the financial landscape of India, the Public Provident Fund (PPF) stands as a pillar of long-term savings and tax advantages. The PPF calculations may be a complicated process to perform manually. The PPF calculator can be used to gauge your savings and assess the potential returns on the investment. The calculator swiftly processes your information, delivering the anticipated maturity amount with ease and accuracy, making financial planning a breeze.

## Formula to Calculate PPF Maturity Amount

If you wish to determine the maturity amount without using an online Public Provident Fund calculator, you can achieve this manually through the application of the mathematical formula F = P [({(1+i) ^n}-1)/i]

Where,
F = maturity of PPF,
P = yearly installment,
n = number of years,
i = rate of interest.

Example:

For example, if you deposit ₹1,000 per month for 15 years at an annual interest rate of 7.1% compounded quarterly, then the maturity value would be:

F = ₹12,000 [({(1 + 0.01775)^15} - 1) / 0.01775]

F = ₹12,000 [0.29234 / 0.01775]

F = ₹2,06,170.20

Therefore, an investment of ₹1,000 every month compounded quarterly for 15 years at a 7.1% annual interest rate would mature at approximately ₹2,06,170.20.

## How to Use PPF Calculator

For a speedy calculation of your maturity amount, take advantage of the user-friendly PPF account calculator. To use it effectively, just follow the outlined instructions and enter all the necessary data as per the directions set below.

• Step 1: enter the yearly investment amount.
• Step 2: the current PPF interest rate.
• Step 3: specify the PPF tenure in years.
• Step 4: the calculated amount will be displayed.

## PPF Interest Calculations

You can either use an online calculator or do manual calculations to find the additional amount you could earn as the interest.

The following is the mathematical formula used to carry out this computation:

F = P[({(1+i)^n}-1)/i]

Here,
F = maturity of PPF,
P = yearly installment,
n = number of years,
i = rate of interest.

Example:

For example, if you deposit ₹1,000 per month for 15 years at an annual interest rate of 7.1% compounded quarterly, let’s find out the total interest earned.

First, calculate the maturity amount using the formula:

F = ₹12,000 [({(1.01775) ^ 15} - 1) / 0.01775]

F = ₹206,170.20

Now, to find the total interest earned, subtract the total amount deposited from the maturity amount:

Total Interest Earned = F - Total Deposits
Total Interest Earned = ₹206,170.20 - (₹1,000 x 12 x 15)
Total Interest Earned = ₹206,170.20 - ₹180,000
Total Interest Earned = ₹26,170.20

So, the total interest earned on the PPF with monthly deposits of ₹1,000 for 15 years at an annual interest rate of 7.1% compounded quarterly is approximately ₹26,170.20

In the realm of financial planning and safeguarding your future assets, a PPF calculator can serve as a beneficial tool. You can make the most of a PPF calculator in the following ways:

• Estimate Savings: it helps you predict how much your Public Provident Fund (PPF) savings will grow over time.
• Tax Planning: you can assess the tax benefits and implications of your PPF investment.
• Goal Setting: use it to set financial goals and determine the required monthly or yearly deposits to achieve them.
• Compare Scenarios: it enables you to compare different deposit amounts, tenures, and interest rates to make informed decisions.
• Financial Clarity: the calculator offers a clear view of your PPF investment's potential outcomes, aiding in financial planning.

## Advantages of Using PPF Calculator

PPF calculators offer numerous advantages, rendering them an essential instrument for understanding your financial situation. Now, let's explore the benefits of utilizing a PPF maturity calculator:

• Precision in Projections: it delivers highly accurate estimates of your PPF savings' growth potential.
• Strategic Goal Setting: empowers you to plan and achieve your financial objectives with greater clarity.
• Tax Insights: provides a comprehensive understanding of the tax implications, helping you make informed decisions about your PPF investments.
• Informed Comparisons: allows for a detailed comparative analysis of various deposit scenarios, enabling you to choose the most favorable option.
• Enhanced Financial Insight: by using a PPF calculator, you gain a deeper understanding of your financial future, thereby facilitating more effective financial planning.

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Check other useful financial calculators below:

 EMI Calculator FD Calculator Mahila Samman Calculator RD Calculator Mutual Fund Calculator SSY Calculator Simple Interest Calculator Compound Interest Calculator EPF Calculator SIP Calculator NSC Calculator Post Office Monthly Income Calculator GST Calculator TDS Calculator NPS Calculator Atal Pension Yojana Calculator Gratuity Calculator HRA Calculator Senior Citizen Saving Scheme Calculator Kisan Vikas Patra Calculator Sukanya Samriddhi Yojana Calculator Loan Eligibility Calculator

Check more on Public Provident Fund from the links provided below:

 Loan Against PPF PPF in Post Office Difference between FD & PPF Difference between LIC & PPF PPF Account Limits Sukanya Samriddhi Vs. PPF

Check bank-wise Public Provident Fund Scheme details from below:

 SBI PPF Account BOB PPF Account PNB PPF Account YES Bank PPF Account Canara Bank PPF Account Central Bank PPF Account HDFC PPF Account Kotak Mahindra Bank PPF Account ICICI PPF Account Bank of Maharashtra PPF Account Axis Bank PPF Account IDBI PPF Account Indian Bank PPF Account IOB PPF Account Bank of India PPF Account UCO Bank PPF Account Union Bank PPF Account -

A PPF calculator is a tool that helps you estimate the maturity value of your PPF account based on your investment amount, interest rate, and tenure.

You can calculate your PPF balance by using a PPF calculator or by applying the PPF formula manually.

Using a PPF calculator helps you track your savings progress, estimate your maturity amount, and plan your investments effectively.

Regularly using a PPF calculator helps you stay updated on your PPF growth and make informed financial decisions.

Yes, you can find various online PPF calculators to estimate your maturity amount based on your investment details.

To use a PPF calculator accurately, you need your initial deposit, monthly contribution, interest rate, and tenure.

Yes, PPF contributions and interest earned are tax-deductible, making it a tax-efficient investment option.

Yes, a PPF calculator can help you plan for long-term goals like retirement or child education by projecting future maturity values.

You can compare different PPF scenarios by entering different investment amounts, interest rates, or tenures into the calculator.

The formula for calculating PPF maturity value is: A = P * (1 + r/n)^(nt), where A is the maturity value, P is the principal amount, r is the interest rate, n is the compounding frequency, and t is the tenure.

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