# PPF Calculator

Yearly Investemt

Time Period (Years)

Rate of Interest (2022)

%

Invested Amount

0

Total Interest

Maturity Value

## What is a PPF Calculator?

A PPF or Public Provident Fund calculator is an easy-to-use online calculator that enables you to calculate the invested amount, total interest, and maturity value on your PPF account.

Since PPF is a long-term investment avenue that comes with a lock-in period of 15 years, having a PPF account could provide you with a safety net during retirement. You can earn an interest of up to 7.1% on your investment. Use the Navi PPF Calculator to calculate your PPF returns and plan your retirement better.

## How to Calculate PPF?

You could calculate your PPF returns both manually and via a PPF calculator. Manual calculations could be time-consuming. As a better alternative, use a PPF calculator.
The Navi PPF calculator features a user-friendly design and gives you accurate results in a matter of seconds. All you have to do is enter the required details and you are good to go.

Here’s how you could calculate your PPF :

### Select the yearly investment amount

Choose the amount you are investing. You can use the sliding bar for selecting the investment amount.

### Select the time period

Next, you have to enter the tenure for which you want to invest the amount.

### Select the rate of interest

Lastly, enter the rate of interest for the PPF (currently 7.1% p.a.).

You would be able to view the interest earned as well as the maturity value in a matter of seconds.

## What is the Formula for PPF Calculation?

The general formula used to calculate PPF is given below:

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

Where the variables represent the following:
F is the maturity proceeds of the PPF
P is the annual instalments
n is the number of years
i is the rate of interest divided by 100

For example, you invest an amount of ₹100,000 annually towards your PPF account at an interest rate of 7.10% for a period of 15 years. The maturity value at the closing year would be equal to ₹27,12,139.

## Advantages of Using the Navi PPF Calculator

Here are some advantages of the Navi NPS Calculator

### User-friendly design

Navi’s PPF calculator has a user-friendly interface and is easy to navigate

### Convenient

Gives you accurate results in a matter of seconds

### Helps you plan better

The Central Government periodically determines the interest rate on the PPF account. Currently, the interest rate on PPF accounts stands at 7.1%.
According to the PPF scheme rules 2019, the maturity date of the PPF account is after 15 years from the end of the financial year in which the initial subscription was made.
Yes, upon completion of 5 years, you can withdraw money from your PPF account. However, you would need to obtain Form-C (PPF Withdrawal Form) from your respective bank, fill it and submit the same along with an application for withdrawal at the bank.
You can invest a minimum amount of ₹500 and a maximum of ₹1.5 lakh in a given year.
With PPF, you can earn guaranteed and fixed returns, benefit from tax savings at the time of investment, and accumulate wealth and withdraw interest.
Yes. You can claim a tax deduction of up to ₹1.5 lakh under Section 80C of the Income Tax Act against the amount invested during the financial year. Since PPF falls under the tax-exempt category, the interest and maturity amount are exempt from tax.
Disclaimer : Navi does not guarantee the accuracy, completeness, or correct sequence of any details provided therein. Therefore no reliance should be placed by the user for any purpose whatsoever on the information contained or data generated herein or on its completeness or accuracy. The use of any information set out is entirely at the user’s own risk.

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