PPF Calculator: Calculate Public Provident Fund Returns and Maturity Amount

Our free PPF Calculator helps you calculate your Public Provident Fund returns, maturity amount, and tax benefits for the 15-year investment period with current PPF interest rates.

Whether you want to plan your long-term tax-saving investments or understand PPF benefits under Section 80C, this calculator provides accurate projections based on your annual contributions and investment period.

PPF Calculator

Minimum: ₹500, Maximum: ₹1,50,000 per year
PPF has a 15-year mandatory lock-in period
Current PPF rate: 7.1% (2023-24)
Your existing PPF balance (optional)

How to Use This PPF Calculator

Step 1:

Enter your annual PPF investment amount. The minimum is ₹500 and maximum is ₹1,50,000 per financial year.

Step 2:

Select your investment period. PPF has a mandatory 15-year lock-in period, but you can extend it in blocks of 5 years.

Step 3:

Enter the PPF interest rate. The current rate is 7.1% per annum, but you can adjust it based on your expectations.

Step 4:

Optionally, enter your current PPF balance if you already have an existing PPF account.

Step 5:

Click "Calculate PPF" to see your maturity amount, total interest earned, and tax savings under Section 80C.

How the PPF Calculator Works

The PPF Calculator uses compound interest formula to calculate your maturity amount. It considers annual contributions, current PPF interest rates, and provides tax benefit calculations under Section 80C of the Income Tax Act.

Common Uses for PPF Calculator

Business Invoice Preparation

Businesses use this calculator to prepare accurate invoices by adding PPF to their product or service prices. For example, if you're selling a product for ₹5,000 and need to add 18% PPF, the calculator shows the PPF amount (₹900) and total invoice amount (₹5,900). This ensures compliance with tax regulations and provides transparency to customers about tax components.

Retail Price Analysis

Retailers often receive products with PPF-inclusive pricing and need to understand the tax component for accounting purposes. Using the contribution calculation calculation, they can extract the original price and PPF amount from the total price. This is essential for proper bookkeeping, profit margin analysis, and understanding the actual cost of goods sold.

Tax Planning and Compliance

Accountants and tax professionals use PPF calculators for tax planning, compliance verification, and audit preparation. The calculator helps verify PPF amounts on invoices, prepare tax returns, and ensure accurate tax collection and remittance. It's particularly useful when dealing with multiple tax slabs (5%, 12%, 18%, 28%) across different products and services.

Understanding PPF (Public Provident Fund)

The Public Provident Fund (PPF) is a 15-year investment scheme with tax benefits under Section 80C. It offers attractive interest rates (currently 7.1%) and complete tax exemption on maturity.

Key PPF Features

  • Investment Limit: Minimum ₹500, Maximum ₹1,50,000 per year
  • Lock-in Period: 15 years (extendable in blocks of 5 years)
  • Interest Rate: 7.1% per annum (2023-24)
  • Tax Benefits: EEE status - Exempt on investment, interest, and maturity
  • Loan Facility: Available from 3rd to 6th year

PPF Investment Strategy

To maximize PPF returns, invest early in the financial year to earn interest for the full year. The 15-year lock-in period makes it ideal for long-term wealth creation and retirement planning.