# Post office PPF Calculator

Calculate returns on your post office PPF
Yr
Invested amount
1,50,000
Total Interest
1,21,214
Maturity value
2,71,214

Public Provident Fund (PPF) is a long-term investment scheme offering guaranteed returns. Introduced in 1968 by the National Savings Institute under the Ministry of Finance, it allows investors to build a large corpus over time, primarily for retirement. For those looking to invest in a post office PPF scheme, the post office PPF calculator is an invaluable tool for estimating returns on investments.

## Key Features of Post Office PPF Scheme

- Interest Rate: The current post office PPF interest rate is 7.1% per annum, revised quarterly by the government.

- Guaranteed Returns: The interest rate remains fixed throughout the investment period, ensuring stable returns.

- Loan Facility: Investments can be used as security to avail loans.

- Lock-In Period: Minimum lock-in period is 15 years, extendable by 5 more years after maturity.

- Partial Withdrawal: Allowed after 7 years, subject to conditions.

- Tax Benefits: Falls under the Exempt-Exempt-Exempt (EEE) category, providing tax exemptions under Section 80C of the Income Tax Act.

## How to Calculate Post Office PPF Returns?

Post office PPF returns can be calculated using the following formula:

M = P [({(1+ i) ^ n} – 1) / i]

Where,

• M = Total maturity value by the end of the investment period
• P = Amount of money contributed annual in the PPF account
• i = PPF interest rate in post office
• n = Total number of years until maturity

## Example Calculation:

- Annual Investment: Rs 1,00,000

- Interest Rate: 7.1%

- Investment Period: 15 years

Results:

- Total Invested Amount: Rs 15,00,000

- Total Earned Interest: Rs 12,12,139

- Total Maturity Value: Rs 27,12,139

## Step-by-Step Guide to Using INDmoney PPF Calculator

Using the INDmoney post office PPF calculator is simple:

1. Open INDmoney Calculator: Access the calculator on your smartphone or computer.

2. Enter Details: Input your yearly investment and the investment period.

3. Calculate: The calculator will display the total invested amount, total interest earned, and maturity value instantly.

## Benefits of Using INDmoney’s PPF Calculator

- Accurate Calculations: The calculator uses the PPF return calculation formula, providing precise results.

- Time-Saving: Quickly displays relevant return figures, saving time and effort.

- Fixed Interest Rate: Automatically uses the fixed PPF interest rate, simplifying the input process.

- Investment Planning: Helps plan yearly investment amounts according to financial goals.

• ### What is a post office PPF calculator?

A post office PPF calculator is an online tool that helps estimate the returns on your PPF investments by inputting the investment amount and tenure.

• ### How does the post office PPF calculator work?

It calculates the maturity value, total invested amount, and interest earned based on the current PPF interest rate and the investment period.

• ### Why should I use a post office PPF calculator?

It saves time, ensures accurate results, and helps you plan your investments effectively by providing a clear picture of potential returns.

• ### Can I compare different PPF plans using the calculator?

Yes, by changing the input values, you can compare different investment amounts and durations to see how they impact your returns.

• ### Is the post office PPF calculator free to use?

Yes, most online PPF calculators, including the INDmoney PPF calculator, are free to use.

• ### How often should I use the PPF calculator?

Use the PPF calculator whenever you plan to invest or adjust your investment strategy to ensure you are on track with your financial goals.