Home >> PPF >> You are Here

PPF Calculator

FIVE PPF calculators are : ↦ 1. PPF v/s ELSS v/s RD Investment Return, Net Gains Calculations ↦ 2. PPF Maturity Amount Calculator ↦ 3. PPF Interest & Balance Calculator ↦ 4. PPF Withdrawal Available Amount Calculator ↦ 5. PPF Maturity Date Calculator

Calculates Maturity Amount for 15 to 40 Years of your PPF Investments, Interest Payable during the year, Available Withdrawal amount before extension / after extension as per PPF a/c of SBI, ICICI, Post Office and any Bank's PPF account in India. Compare PPF Return with ELSS Bank RD Scheme and calculate your a/c Maturity Date.

PPF Fillable Forms
  1. PPF Calculator to calculate Maturity Amount - Calculates Maturity Value / Investment Return from 15 to 40 years of SBI, Post Office & in any Bank's your PPF investment viz. fixed monthly, bi-monthly, quarterly, half yearly, yearly and variable yearly investments of fresh account as well as of your existing PPF account on the basis of your future Investment Planning for the remaining years.
  2. PPF v/s ELSS v/s RD Investment Return, Net Gains Calculations - We earn not only to meet out present requirement but to secure our future also. In lot of cases, making the right investment choice becomes harder than actually earning the money itself. PPF Investment verses ELSS and Recurring Investment return calculator is designed for Tax Payers to compare net gains of monthly investment over a long period of say 15 years and above. All the tax payer will find that the estimated gain of monthly investment for 15 years in ELSS is much higher than PPF and bank RD scheme. This gains is more for those who are in higher income brackets
  3. PPF Balance & Interest Calculator - A online tool to calculate interest amount and account balance of your PPF investments upto the current Financial Year from the date of opening of your PPF account. To continue to check interest year-wise CLICK the button "Check Interest for Next Year" it will carry over closing balance as opening balance for the next Financial Year. This calculator takes care date of deposit for interest calculations as per PPF Rules and displays all periodical applicable month wise interest rate for the selected Financial Year. Click Here for PPF Scheme Features and history of PPF interest rates
  4. Calculate PPF Amount Available to Withdraw - There are different rulings for PPF Withdrawal from account before extentions i.e. during the period of first 15 years and after extension of five years. Therefore select your account option as per time period of your PPF account for calculation and to view Withdrawal rulings.
  5. PPF Calculator to calculate Maturity Date - Enter Your Date of opening of account, it will display date of maturity of PPF account after 15 years and after extensions of 5 years, if the extension options are exercised / will be exercised.
Flash:- The government revised interest rates payable on PPF to 8% from 7.6% w.e.f. 01.10.2018. This PPF Calculator is also updated with revised interest rates.

This is ONE of the most featured and accurate online PPF Calculator. You can calculate / check yearly interest return on your yearly or monthly PPF investments from FY 1986-87 to current Financial Year. This calculator displays the applicable rate of interest over the selected period and checks your date of deposit (is it before or after 5th) for the purpose of interest calculation as per PPF scheme.

Highlights of PPF Scheme

  1. The ceiling of amount deposited in PPF account increased to Rs. 1.50 lac.
  2. Interest is computed on the minimum balance between the 5th and end of a month. Accordingly, here the calculator shows the effective depsoit for the month = Amount deposited upto 5th + Last month Deposit after 5th less withdrawal during the month, if any, for the purpose of interest calculations.
  3. Minimum deposit amount in a year is Rs. 500/- and the number of installments you can deposit in a Financial Year is Min. One and Max. Twelve.
  4. Click Here to view interest Rates from 01.04.1986 and Detailed Features of PPF Scheme

PPF Interest Rate 8% w.e.f. 01.10.2018. View Previous Rates

1. PPF Return v/s ELSS v/s RD Investment Return Comparative Calculations

We earn not only to meet out present requirement but to secure our future also. In lot of cases, making the right investment choice becomes harder than actually earning the money itself. PPF Investment verses ELSS and Recurring Investment return calculator is designed for Tax Payers to compare net gains of monthly investment over a long period of say 15 years and above.

All the tax payer will find that the estimated gain of monthly investment for 15 years in ELSS is much higher than PPF and bank RD scheme. This gains is more for those who are in higher income brackets. It is also to be noticed that the gain / loss amount calculated hereunder is not taken care with very important issue that interest eanrned in Bank RD scheme is to be included in taxable income of the investor whereas the interest to be earned in PPF account is completely tax free in the hands of the investor and ELSS return is taxed as per LTCG rules.

Investment Comparision - Recurring Deposit v/s PPF v/s ELSS

*Interest Income in case of PPF is Not taxable whereas in case of RD it is taxable in the hands of the Investor.
**Tax Savings During 15 Years calculated as detailed hereunder on the basis of Taxable Income selelcted above and present Tax rates / slabs

# The expected return and comparative Gain amount of PPF and ELSS investments displayed here are estimated amount calculated on the basis of your all inputs, current PPF interest rate and current year Income Tax slabs that will remain same till the period of PPF maturity of 15 years. The actual return and gain amount may vary on change of any of your inputs

The above comparative calculaitions shows that PPF is good choise for investment in place of RD for a Taxpayer and ELSS is even better than PPF. Interest rate in PPF is fixed by Govt. which is now being reviewed quartely. In recent past the interest rate has been reduced drastically. In 2002 it was 12% and in 2010 it was 9%. Keeping in view of this trend of interest rate payable in PPF and the historical return in ELSS scheme investment for a long term investment is quite higher than 11%, however it is also noted that the investment in ELSS is market risk and no guarantee of return is avaialbale here.

Key features of ELSS schemes or ELSS mutual funds:
Hide

What are Equity Linked Savings Schemes (ELSS)?

An Equity Linked Savings Scheme (ELSS) is an open-ended Equity Mutual Fund that not only help to save tax, but also gives you an opportunity to grow your money. It qualifies for tax exemptions under section (u/s) 80C of the Indian Income Tax Act.
  1. The majority of ELSS schemes invest in diversified equities which include large cap, small cap, and mid cap. In general, diversified equity funds invest 70-80% of assets in equities.
  2. Eash Investment in ELSS funds have a lock-in period of 3 years. That means you cannot exit an ELSS funds for 3 years. Lock-in period for ELSS funds is less than any other tax saving investment option like NSC has Tax Saving bank FD has Lock-in period more than 3 years.
  3. ELSS funds historically have given highest returns amongst the tax saving investment options available in the market.
  4. You can invest in ELSS online or offline.
  5. ELSS provides you flexibility to invest at one time(lump sum) or can also invest through monthly SIP(systematic investment plan)
  6. ELSS investment can be started with as little as Rs 500 per month and there is no cap on investment amount in ELSS. However, Tax benefit will only be available on maximum of 1.5 lac u/s 80C of Income Tax Act.
  7. ELSS schemes have come in 2 basic flavors. Growth schemes and dividend schemes. In dividend schemes, investors get regular dividends. Please note that dividend generated from ELSS schemes is taxable as per your tax bracket.
  8. ELSS funds do not have any entry or exit load.
  9. ELSS funds are a great way to invest for the long term as equity investments. As in long-term, equities outperform other investment options

Key features of PPF
Hide

  • Maturity / Lock in Period : 15 years
  • Minimum Investment Amount : Rs. 500 per year
  • Frequency of Deposit : Minimum once in a year
  • Interest Rate : Fixed by the Govt.
  • Premature Withdrawals : Only after the 5th year and subject to a limited extent only
  • Loans : From third year onwards
  • Tax Deduction on Investment : Available Upto 1.50 Lac u/s 80C of Income Tax Act
  • Investment Limit in a Year : Limit Rs. 150,000 per year
  • Interest Income : Not Taxable
  • Interest Compounding : Annually
  • Key features of Recurring Deposit
    Hide

  • Lock in Period : No Lock in Period
  • Frequency of Deposit : Every Month
  • Interest Rate : Fixed by individual banks and remains same during the whole period for years account opened.
  • Premature Withdrawals : Allowed by Banks
  • Loans : Banks allows loan and overdraft facility
  • Tax Deduction on Investment : Not available
  • Investment Limit in a Year : No limit
  • Interest Income : Taxable
  • Interest Compounding : Quarterly
  • 2. PPF Calculator to Calculate Maturity Amount

    Calculate Maturity Amount from 15 to 40 Years of your existing or new PPF account with SBI, Post Office or any other banks on the basis of future Investment Planning viz. fixed monthly, bi-monthly, quarterly, half yearly, yearly and variable yearly investments for the remaining years of your PPF account. There is no limit on number of 5 years extensions of PPF investment.

    *Current Interest rate is applied to calculate Maturity Value for future years. The calculations are based on presumption interest rate and investment is made on or before 5th of the month. The interest is compounded annually as PPF Rules.

    **Please Note - The maximum amount permissible to invest in PPF account is Rs. 1.50 lac in a year. Therefore for the purpose of calculations in case the amount entered for monthly, yearly etc. contributions exceeds this limit is corrected to this limit accordingly.

    3. PPF Calculator to calculate PPF Balance & Interest

    Calculates PPF Account Balance / Interest Application amount for the current year and all previous years as applicable in PPF account of all banks and post office.



    4. Calculate PPF Withdrawal Amount During FY 2018-19

    There are different rulings for PPF Withdrawal from account before extentions i.e. during the period of first 15 years and after extension of five years. Therefore for calculation of PPF Withdrawal Amount and Withdrawal rulings select the account from the options provided hereunder

    5. PPF Calculator to Calculate Maturity Date

    Enter Your Date of opening of account, it will display date of maturity of PPF account after 15 years and after extensions of 5 years, if the extension options are exercised / will be exercised.

    * Amount deposited after 5th accounts for in next month for the purpose of intersst calculations

    Income Tax Calculator featured with to calculate tax on CAPITAL GAIN alongwith existing features to calculate tax on your income from salary / pension / income from other sources / Income or Loss from House Property (with minus sign in case of interest on housing loan; it is treated as Loss from House Property)
    
    data-matched-content-rows-num='4,2' data-matched-content-columns-num='1,2'
    HomeContactPrivacy