PPF Calculator
Total Investment
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Total Interest
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Maturity Value
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Build secure savings with PPF returns.
PPF Calculator - Public Provident Fund Calculator
The Public Provident Fund (PPF) is one of the most popular long-term savings schemes in India, offering guaranteed returns and tax benefits. Whether you are a new employee looking to start your savings journey or a parent planning for your child's future, PPF provides a reliable way to accumulate wealth over time. However, calculating the returns on a PPF investment can be complex due to changing interest rates and compounding benefits.
To simplify this process, a PPF calculator is an essential tool that helps investors estimate their maturity amount based on their contributions, tenure, and prevailing interest rates. Tradejini’s PPF calculator provides an easy-to-use interface to help you plan your investments efficiently.
Formula for PPF Calculation
The maturity amount of a PPF investment is computed using a standardized formula:
F = P [({(1+i) ^n}-1)/i]
Where:- F = Maturity amount
- P = Annual investment amount
- i = Interest rate per annum (divided by 100 to convert to decimal form)
- n = Total number of years
For instance, if you invest ₹1,00,000 annually for 15 years at an interest rate of 7.1%, the estimated maturity amount will be approximately ₹27,12,139. This calculation demonstrates the power of compounding in long-term investments like PPF.
How a PPF Calculator Helps You
A PPF calculator offers several advantages:- Accuracy: Eliminates manual errors while calculating returns.
- Accuracy: Provides instant results without needing manual computations.
- Accuracy: Helps investors compare different investment amounts and durations.
- Accuracy: Reflects changes in PPF interest rates as per government notifications.
A PPF calculator offers several advantages:By using this tool, you can forecast your PPF maturity value and make informed financial decisions based on your investment goals.
How to Use the PPF Calculator on Tradejini
Tradejini’s PPF calculator is designed to be user-friendly and efficient. Follow these simple steps to calculate your PPF maturity amount:- Enter Your Investment Amount: Specify the amount you plan to deposit annually or monthly.
- Select Investment Duration: Choose the tenure (between 15 and 50 years, in 5-year extensions after the initial 15 years).
- Set the Interest Rate: The current interest rate is pre-filled, but you can modify it for future projections.
- View Your Results: The calculator instantly displays your total investment, interest earned, and final maturity amount.
This intuitive tool helps investors track their financial growth and adjust their savings plan accordingly.
Frequently Asked Questions
The minimum deposit required is ₹500 per year, while the maximum is ₹1,50,000 per year.
The government revises PPF interest rates quarterly. Tradejini’s calculator reflects these updates to provide accurate projections.
Yes, partial withdrawals are allowed from the 7th year onwards, subject to certain conditions.
Your account will be considered inactive, but you can reactivate it by paying a penalty of ₹50 along with the minimum deposit of ₹500.
No, the maturity amount, including interest earned, is fully tax-free under Section 80C of the Income Tax Act.
What is the minimum and maximum investment allowed in a PPF account?
The minimum deposit required is ₹500 per year, while the maximum is ₹1,50,000 per year.
