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Advantages of PPF

Here are some of the common advantages that can be availed from a PPF investment:

  • The risk factor in PPF investment is low as it is backed by the government.
  • A PPF account can be opened at nationalised banks, public banks, post offices and selective private banks, all of which have a wide reach.
  • Although the lock-in period is 15 years for a PPF, there are provisions to either withdraw some money or take loans after 7 years. The returns from a PPF are more attractive compared to the bank FDs.
  • PPF deposits fall under EEE (exempt-exempt-exempt) category. Which means, the principal invested, the interest earned and the proceeds received at maturity are all tax-exempt. Amounts deposited in a spouse's or child’s PPF account are also tax-exempt.

About PPF Calculator

PPF calculator is a handy tool when it comes to performing some of the most complicated PPF related calculations. Using the PPF calculator you can easily calculate the year-wise PPF returns you can earn by contributing to your PPF account over a predetermined time period and with a specific frequency.

This is a versatile tool that can be found online and investors don’t need to use separate bank-wise calculators such as SBI PPF Calculator, PNB PPF Calculator, India Post PPF Calculator or HDFC PPF Calculator. This is because interest rate, maturity, taxation and withdrawal rules are determined by the government hence, remain the same irrespective of where the PPF account is opened.

Using the PPF Calculator

In order to use a PPF calculator correctly, you need to input the following data:

  • Tenure – Minimum 15 years to maximum 50 years with an option of extension in blocks of 5 years.
  • Payment Frequency – Payment frequency could be monthly, quarterly, half-yearly and annually. In case of quarterly deposits made every quarter, half-yearly deposits mean twice each year and so on.
  • Deposit Amount – This is the amount that is to be deposited in the account as per the deposit frequency. Thus, if the deposit amount is Rs. 1,000 and Deposit Frequency is monthly, total PPF deposit for the year will be Rs. 12,000 and automatically calculated by the PPF calculator.
  • Interest Rate – This is the PPF rate of return that you are expecting on your investment. In case you are wondering how to calculate PPF interest rate, you can check the latest PPF interest rates online.

After providing the above data into the PPF calculator, you must click on “Calculate” to get instant information about PPF maturity amount, PPF Interest earned, total PPF investment and much more.

Common Types of PPF Calculators

There are seven varieties of PPF calculators which help in calculating 6 different types of computations pertaining to PPF. This depends on the usage and other elements while using the calculator.

  • PPF fixed monthly investment calculator - This calculator helps investors to calculate their payable amount for contributing towards PPF on a monthly basis. The tool requires individuals to enter the month of opening the account, the financial year of opening PPF account, fixed monthly investment or deposit and finally requires individuals to submit the details.
  • PPF fixed yearly investment calculator – This calculator helps in calculating the payable amount for contributing towards PPF on a year on year basis, as the PPF interest rates do keep changing over time. The main details required on this tool includes the financial year of opening the PPF account and fixed annual investment or deposit.
  • PPF variable yearly investment calculator - The variable yearly investment calculator requires individuals to enter basic information which includes financial year and amount deposited for each year. Also, the financial year of opening the PPF account has to be entered.
  • PPF Benefits Calculator - This PPF Calculator involves various elements that include a fixed annual contribution, interest rate in that year, age group of the individual, and total income of the individual.
  • PPF available loan calculator - This PPF loan calculator helps to compute the permissible loan amount, approximately. For this, the balance in the account has to be simply entered.
  • PPF available withdrawal calculator - Withdrawals are available to PPF contributors, once in a year from the PPF account after five years from the end of the financial year in which the initial deposit was made expires. Both the withdrawal amounts before and after extension
  • PPF Maturity Calculator - This PPF calculator simply helps you calculate the time when the PPF matures for amount withdrawals.

Benefits of PPF Calculators

Here are some of the common benefits of PPF calculators:

  • This computing device allows users to make a clear idea about how much interest can be earned with the investment of a certain amount of money.
  • With the assistance of this calculator, you can be saved from paying a hefty tax.
  • We often find it difficult to decide on the maturity period of their investment and this problem is easily solved with the use of PPF calculator India.
  • It also offers estimation on total investment in a financial year.
  • To ensure that the user is able to get an accurate result, it is essential to provide the computing device with deposited amounts along with the type of deposit i.e. fixed or variable.

About PPF

Public Provident Fund or PPF is a low risk fixed return investment scheme one can avail through India Post Office as well as leading public and private sector banks in India. The interest on the PPF account is set for every quarter and is paid by the government. The applicable interest rate on PPF for the first quarter of the year, 2021-22 i.e. from 1st April 2021 has been fixed at 7.1%. The interest rate for the previous year was also the same, i.e. 7.1%.

Investors can now use a PPF calculator to understand the returns and timeline surrounding PPF investment.


1. How much interest rate can I get on my PPF account?

The interest rate is mainly determined by the Central Government periodically. At present, the interest rate is 7.1% per annum.

2. Which amount is taken into consideration for calculating the interest?

The interest on PPF is calculated on the lowest balance in the account between the closing balance on the 5th day of a month and the closing balance on the last day of the month.

3. When is my investment going to mature?

In PPF accounts, maturity can be attained after 15 years. After this period, you are liable to withdraw the entire amount.

4. Is it mandatory to submit Aadhaar details to open a PPF account?

Submitting Aadhaar details is not mandatory to open a PPF account.

5. What is the PPF lock-in period?

Investments made to a PPF account have a lock-in period of 15 years. However, individuals can make a partial withdrawal from the PPF account after 5 years from the date of opening the account.

End Note

PPF accounts are one of the most common features which come into the picture. PPF account refers to Public Provident fund account and is meant to invest your valuable capital. Calculating the interest rates and returns on your PPF account turns a bit difficult. To make these difficult calculations easy, PPF account calculator can be used.

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