Best PPF Calculator For India In 2022

Personal Finance

Not everyone is good at maths. If you want to put money into the PPF but don’t know how much to put in or what kind of return you would get on a certain amount. We’re here to help with the PPF calculator.

After you figure out how much you can save regularly, the PPF calculator figures out how much you will get back. The PPF calculator uses the current interest rate and a 15-year time frame.

What is PPF?

PPF stands for the Public Provident Fund. It was put into place in 1968 to invest money with almost a decent return. It has an interest rate of 7.1% per year and helps people start saving for retirement.

PPF is backed by the Indian government and has negligible risk, but returns are guaranteed. The money you put in, the interest you get, and the money you get at the end are all tax-free.

What is a PPF Calculator?

You can use the PPF calculator, an online tool, to figure out how much your PPF (Public Provident Fund) investment could earn over a certain amount of time. The PPF is a government-backed savings plan that has a lot of benefits. During your working years, PPF is a great way to lower your tax bill.

An online PPF calculator will simply use the formula for calculating PPFs to figure out how much your investments will be worth after a certain number of years and a specific interest rate on your PPF account.

Opening a PPF Account

The majority of banks let you open a PPF account online. But you can also make an offline account at a post office near you. Here is more information:

  • Find a form to fill out at the post office or sub-post office.
  • Please fill out the form, then send it along with the KYC paperwork and a photo of the passport size.
  • A post office PPF account can be opened with a minimum deposit of Rs. 500 and an initial maximum of Rs.70,000. But the most you can put in each year is only Rs. 1.5 lakh. You can also use the Post Office PPF Calculator.
  • The applicant will get a passbook for the PPF Account once all the necessary paperwork and the first deposit have been sent in. The passbook will have everything, like the account holder’s name, the branch’s name, the PPF account number, etc. ​​​​​​​

Minimum Tenure for PPF

The PPF has a minimum term of 15 years, which can be extended in 5-year chunks. Small deposits range from 500 rupees to 1.5 lakh rupees in PPF accounts.

You can put money into one or up to 12 charges. At least one PPF account must be sent in every year for 15 years.

Why Invest in PPF?

PPF is the best choice for investors who don’t want to take risks and want to make long-term investments with guaranteed returns. But investors who want to make more money are willing to take some risks. They might want to think about other options. Subject to EEE status 80C, PPF is a tax-wise way to save money.

How Much You Should Invest in PPF?

You should figure out how much you put into the PPF account and how much you can save on taxes. The least you can invest yearly is 500 rupees, and the most you can invest is 1,50,000 rupees. Under Section 80C, you can put up to INR 1.5 million in PPFs to lower your tax bill. It would help if you had some cash on hand to have enough cash on hand.

Formula for Calculating PPF Using the PPF Calculator

On the 5th of each month, the lowest balance in the PPF account is used to figure out the interest.

Investors who pay their monthly payments by the 5th of the month will get their money back. If not, the previous balance of the PPF account is used to figure out how much interest to pay.

If you want to lump money into the PPF each year, you should do so before April 5.

The following formula can be used to figure out the expected interest and value at maturity:

A = P [({(1+i) ^n}-1)/i]

  • ‘A’ stands for the amount of maturity.
  • “P” reflects the PPF account’s yearly payment.
  • ‘i’ is representative of the PPF scheme’s expected interest rate.
  • The ‘n’ is representative of the PPF investment amount made.

The PPF Calculator employs the above calculation for a greater return with a longer investment period.

The Best PPF Calculator

  • Post Office PPF Calculator:

A Post Office PPF Calculator can assist you in determining your PPF returns. You can determine the possible profits by putting in information like the amount invested and how long the investment will last.

The Post Office PPF Calculator determines future returns based on what you put in. It figures out how much your money will grow in the future if you invest in the PPF at the post office. So, the maturity sum and wealth gained from the PPF investment are also figured out.

  • Axis Bank PPF Calculator:

This PPF calculator is a useful tool because it can tell you exactly how much your PPF will be worth when it comes due. When your PPF is active, it will tell you how your account works every 15 years. The amount invested, the interest earned, and the value at the end of the year could be some of these conditions.

  • SBI PPF Calculator:

The SBI PPF Calculator is a tool that helps with complicated calculations related to PPF. It shows how much an investor can expect to earn each year if they put money in for a set amount of time.

The amount in the investor’s account determines how much interest should be added to the PPF account. The Indian Finance Ministry and its government look at the PPF interest rate every three months. The return has been going down over the past few years.

  • HDFC PPF Calculator:

The HDFC PPF Calculator is a banking tool that makes it easy for investors to determine their PPF returns. In the HDFC PPF plan, the investor’s set contributions over a certain time are used to figure out the returns.

The PPF rules say that the interest is calculated monthly, but it is only put into the HDFC PPF account on March 31 of each year. At the standard PPF rate of return, interest is added to the PPF every year.


Given the benefits of PPF, an investor who wants a safe and reliable way to invest may choose it. Investors who want to plan for retirement, make long-term investments, and avoid the effects of market changes can use the PPF.

PPF has a 15-year lock-in period, but you can take out the money in small amounts and borrow from it. It keeps an investor’s cash safe in case of an emergency. Since the Indian government backs these investments, the risk is low. But let’s say you’re looking for an excellent guide to investing. You should look at Piramal Finance’s services and products and read more about their offerings on financial calculators, credit cards and personal loans.