PPF Calculator

Calculate the present and future value of your pension fund

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Expected Returns On Investment





What is PPF (Public Provident Fund)?

A Public Provident Fund (PPF) account is a savings account that offers Indian residents a tax-free and flexible way to save money. Not only contributions made to a PPF account are tax deductible, but under Section 80C of the Income Tax Act, 1961, the earnings on the account are also tax-free. The account can be used to save for retirement, children's education, or other expenses.

Contribution Limit

Contributions to a PPF account must be made in multiples of Rs. 500 and can be as low as Rs. 500 per year. The maximum contribution that can be made in a year is Rs. 1,50,000. The minimum amount that must be maintained in the account is Rs. 500.


The maturity period for a PPF account is 15 years, but the account can be extended for another five years after the maturity date. Partial withdrawals from a PPF account are allowed, but only after the account has been active for at least five years.

How to open a PPF account?

Want to open a PPF account? Get the following documents ready:

  • Identity proof
  • Address proof
  • Photograph
  • Application form

Once you have all the required documents, follow these steps to open your PPF account:

  1. Fill up the application form and submit it along with the required documents.
  2. The bank will verify your documents and your account will be opened.
  3. You will be given a passbook and an initial deposit slip. Deposit the minimum amount of Rs. 500 into your account.

Objective of PPF

The PPF (Public Provident Fund) is a government-backed savings scheme in India, which was introduced in 1968. The objective of the PPF is to provide a safe and tax-advantaged investment option for Indian citizens. The PPF offers a fixed interest rate, which is updated every quarter, and investors can avail of tax benefits on their contributions. The PPF is also exempt from tax on both the principal and the interest earned.

Why opt for PPF?

Some of the key benefits of investing in PPF are:

  1. The investment is safe and secure - your money is invested in government securities, which means that it is unlikely to lose value.
  2. The returns are relatively high - over the past few years, the annualized return on PPF investments has been around 8%.
  3. The investment is tax-deductible - you can claim a deduction of up to Rs. 1.5 lakhs per year on your PPF investments.
  4. The funds can be withdrawn whenever you need them - you can withdraw money from your PPF account at any time, for any reason. However, if you withdraw before maturity, you will have to pay a penalty.
  5. The account can be easily transferred from one bank to another - this makes it easy to switch banks if you need to.

What is PPF Calculator?

A PPF calculator is a tool used to calculate the amount of money that will be available to withdraw from a public provident fund account. The PPF calculator takes into account the current balance in the account, your current age, the annual contribution, and the number of years until the account matures. It then calculates the interest that will be earned on the account over that time period and provides an estimate of the total amount that will be available to withdraw when the account matures.

How is PPF calculated & the formula used?

The Public Provident Fund (PPF) is a long-term savings scheme offered by the government of India. Under this scheme, citizens can deposit up to Rs. 1.5 lakh per year into a special account and earn interest at a rate set by the government. The money in the account can be withdrawn after 15 years, or sooner if the account holder meets certain conditions.

The interest earned on the PPF account is exempt from income tax, making it an attractive option for savers who are looking for a safe and tax-efficient way to grow their money.

To calculate the interest earned on a PPF account, the government uses a simple interest formula: Interest = Principal x Rate x Time / 100.

For example, if you deposit Rs. 1 lakh into your PPF account at an interest rate of 7%, you will earn Rs. 7,000 in interest after one year. This interest will be added to your principal, so that your balance will grow to Rs. 1,07,000 at the end of the year. The interest earned on a PPF account is calculated on a yearly basis, and is paid out at the end of the financial year.

How to use the Equirus Wealth PPF calculator?

The Equirus Wealth Public Provident Fund calculator is a tool that allows you to calculate the maturity value of your PPF investment. To use the calculator, simply enter the amount you have invested, the interest rate, and the number of years you have been investing. The calculator will then determine the maturity value of your investment. In addition, the calculator will provide you with an estimate of the tax-free return you can expect to earn on your investment. The Equirus Wealth Public Provident Fund calculator is a simple and effective way to calculate the return on your PPF investment.

What are the benefits of using PPF calculator?

Public Provident Calculator can help you to keep track of your contributions and the related interest earnings. Additionally, a PPF calculator can help you to determine how much you will have saved by a certain date, as well as the maturity amount. This information can help make financial decisions related to your PPF account.