PPF Calculator
How to Use
- Enter your annual deposit amount (minimum ₹500, maximum ₹150,000)
- Enter the investment period in years (15 years is the lock-in period)
- Interest rate is typically 8% (check current rates)
- Click Calculate to see maturity amount
PPF Maturity Formula
A = P × [((1 + r)^n - 1) / r] × (1 + r)
Example: Where P = Annual deposit, r = Annual interest rate, n = Number of years
Frequently Asked Questions
What is PPF (Public Provident Fund)?
PPF is a long-term savings scheme offered by the Government of India with guaranteed returns. It provides tax benefits and guaranteed interest rates.
What is the lock-in period for PPF?
The lock-in period for PPF is 15 years. After 15 years, you can extend the account in blocks of 5 years.
What is the current interest rate for PPF?
PPF interest rates are revised quarterly. Currently, it is around 8% per annum. Check the latest rates on the official website.
What are the tax benefits of PPF?
PPF contributions are eligible for deduction under Section 80C. Interest earned and maturity amount are also tax-free.