What is a calculator for PPF?

If you want to invest in PPF but don't know how much to invest or how much return you'll get, you can use our calculator.

Once you decide how much you can invest every month, the calculator uses 15 years and the current interest rate to figure out how much you will make back.

How Do I Use the PPF Calculator?

The interface of our PPF calculator is easy to understand and use. But if you have never used an online calculator before, here is a simple step-by-step guide on how to use this free one:

Step 1: There is a drop-down menu under the "Frequency of Investment" field. Click on the drop-down menu to see different options. Choose from the drop-down menu according on how often you can put into PPF each year.

Step 2: Under "Yearly Deposit Amount," put the amount you want to put into your PPF account over the course of a financial year. Keep in mind that the most you can put into your PPF account each year is Rs.1.5 lakh.

Step 3: By default, you can see the current interest rate for your own information.

Step 4: Choose the number of years you want to keep your money in the PPF account. The minimum amount of time to invest is 15 years, so this is the choice that comes up by default.

Step 5: Based on the numbers you put in and the current interest rate, our calculator automatically figures out how much your PPF account will be worth when it matures.

What Can the PPF Calculator Do for You?

When you are planning your investments, it can be very helpful to use a PPF calculator to estimate the returns because:

Your questions about how the account works will be answered by the calculator.

You can get a clear idea of how much you can expect to get back if you invest a certain amount.

You can use the calculator as many times as you need to figure out how much you need to invest to get the returns you want.

Since this is done automatically, you don't have to do any calculations by hand and can avoid making mistakes.

When you're planning your taxes, you can use the calculator to help you plan your investments better.

Since you can extend your PPF account beyond the lock-in period, you may be able to figure out how long you have until retirement and how much money you can make in that time.

What is PPF and what are its benefits?

Public Provident Fund (PPF) was started in India in 1968 with the goal of getting people to save small amounts of money and invest them in something that would give them a return. It is still a favourite way for many people to save money because the returns are not taxed. It's a savings-cum-tax investment vehicle that helps create a retirement corpus while reducing annual taxes. So, anyone looking for a safe way to invest money, save on taxes, and make sure they'll get their money back should open a PPF account.