Public Provident Fund (PPF) Calculator
This calculator helps you calculate PPF investments
| Total Investment (In 20 years) | Total Interest Earned (In 20 years) | Total Investment value (In 20 years) |
|---|---|---|
| ₹NaN | ₹0 | ₹NaN |
| Total Principal Payable (In 20 years) |
| ₹20,00,000 |
| Total Interest Payable (In 20 years) |
| ₹NaN |
| Monthly EMI (Interest + Principal) |
| ₹NaN |
| Total Payment (In 20 years) |
| ₹NaN |
PPF has a lock-in period of 15 years, after which the investor can withdraw the entire corpus or extend the account in 5-year blocks. The invested amount, interest earned, and the final maturity sum are all exempt from tax under the EEE (Exempt-Exempt-Exempt) category.
1. Tax-Free Returns
PPF falls under the EEE tax category, meaning contributions are eligible for a deduction under Section 80C, and the interest earned is completely tax-free.
2. Safe and Guaranteed Returns
Since PPF is government-backed, it is one of the safest investment options with fixed, non-market-linked returns.
3. Flexible Investment
- Investors can deposit any amount from ₹500 to ₹1.5 lakh per financial year.
- Contributions can be made in a lump sum or a maximum of 12 installments per year.
4. Long-Term Wealth Creation
PPF encourages long-term savings with compounded interest, leading to significant wealth accumulation over time.
5. Loan Facility
Investors can avail loans against their PPF balance from the third financial year up to the sixth year at a nominal interest rate.
6. Partial Withdrawals
After completing six financial years, account holders can make partial withdrawals, providing liquidity in case of financial emergencies.
7. Account Extension Option
Upon maturity (after 15 years), PPF accounts can be extended in blocks of 5 years with or without further contributions.
- Enter your annual contribution: PPF allows investments from a minimum of ₹500 to a maximum of ₹1.5 lakh per financial year.
- Select the tenure: The default tenure is 15 years, with an option to extend in blocks of 5 years.
- Interest Rate: The calculator applies the latest government-declared PPF interest rate (updated quarterly).
- View Results: The tool provides the maturity amount, total interest earned, and year-wise breakdown of your savings growth.
Benefits of Using a PPF Calculator
- Accurate Projections: Get a precise estimate of returns.
- Better Financial Planning: Helps strategize periodic investments for optimal savings.
- Tax Saving Insights: Understand the potential tax benefits under Section 80C of the Income Tax Act.
Use the Quicklend PPF Calculator today and take the first step towards smart, tax-free savings!
Loan against
Mutual
Funds at 10.49%
interest only.
