Calculate Date of Maturity, Applicable Interest Rate, Interest amount, Maturity amount and Return on Investment for

- Fixed Yearly / Monthly and Variable Yearly modes of investments.
- Calculation for 15 years, 20 years, 25 years and 30 years.
- Accounts opened since 1986-87 to till date.
- Account in SBI / HDFC / ICICI / PNB / BOB / any other authorised bank or Post Office.

Download PPF Calculator in Excel

Period from end of FY of A/C opening | Date of Maturity | Investment | Maturity Value | Return on Investment |
---|---|---|---|---|

15 Years | ||||

20 Years (After 1st Extension) | ||||

25 Years (After 2nd Extension) | ||||

30 Years (After 3rd Extension) |

- The account is opened during 1st April to 5th April.
- In case of Yearly investments, the investments are made during 1st April - 5th April every year so that the investments qualify for interest for the whole year.
- In case of Monthly investments, the investments are made during 1st - 5th of every month so that the investments qualify for interest for the month of investment.
- Current Interest rate is applied for all future interest calculations.

Calculate available amount of Withdrawal / Loan during current financial year for before or after extension of PPF account.

This PPF calculator can be used by a person, who is eligible and wishes to open a PPF account or has a PPF account

- For account in SBI, HDFC, PNB, BOB, ICICI or any other authorised bank or Post Office.
- For Fixed Monthly / Yearly or Variable Yearly Investment modes.
- For calculation of Date of Maturity, Interest Rate, Interest Amount, Return on Investment, Maturity Amount, available Withdrawal / Loan Amount.

A PPF account can be opened at a designated branch of any authorsed bank or Post Office. The list of authorised banks for (Public Provident Fund) is as under:

State Bank of India (SBI) | ICICI Bank |

HDFC Bank | Central Bank of India (CBI) |

Bank of India (BOI) | Union Bank of India (UBI) |

Bank of Maharasntra (BOM) | IDBI Bank |

Bank of Baroda (BOB) | Vijaya Bank |

Allahadbad Bank | Canara Bank |

Corporation Bank | Dena Bank |

in Indian Bank | Axis Bank |

in Indian Overseas Bank (IOB) | Punjab National Bank (PNB) |

United Bank of India | Syndicate Bank |

Andhra Bank | UCO Bank |

The PPF interest rate is notified by Central Government from time to time and is applicable to all authorised banks and post offices.

The current PPF interest is 7.10% p.a. applicable w.e.f. 01.04.2020.

The PPF interest rates since 01.04.1986 have been as under:

Period | Interest Rate | Period | Interest Rate |
---|---|---|---|

01.04.1986 to 14.01.2000 | 12.00 % p.a. | 01.04.2013 to 31.03.2016 | 8.70 % p.a. |

15.01.2000 to 28.02.2001 | 11.00 % p.a. | 01.04.2016 to 30.09.2016 | 8.10 % p.a. |

01.03.2001 to 28.02.2002 | 9.50 % p.a. | 01.10.2016 to 31.03.2017 | 8.00 % p.a. |

01.03.2002 to 28.02.2003 | 9.00 % p.a. | 01.04.2017 to 30.06.2017 | 7.90 % p.a. |

01.03.2003 to 30.11.2011 | 8.00 % p.a. | 01.07.2017 to 31.12.2017 | 7.80 % p.a. |

01.12.2011 to 31.03.2012 | 8.60 % p.a. | 01.01.2018 to 30.09.2018 | 7.60 % p.a. |

01.04.2012 to 31.03.2013 | 8.80 % p.a. | 01.10.2018 to 30.06.2019 | 8.00 % p.a. |

01.07.2019 to 31.03.2020 | 7.90 % p.a. | 01.04.2020 onwards | 7.10 % p.a. |

The interest is payable on minimum balance available in the account from 5th to last day of month. The interest is applied on last day of the financial year and is compounded at yearly rests.

As per PPF Rules, PPF account matures after expiry of 15 years from the close of financial year in which the account was opened. Therefore, an account opened on say 10th October 2010, will mature on 1st April 2026 (after expiry of 15 years from the end of financial year in which the account was opened i.e. 31.03.2011) and not on 10th October 2025 (after expiry of 15 years from the date of opening of the account).

On the expiry of 15 financial years from the end of financial year in which the account was opened, a PPF account can be extended for a further period of five years at a time by submitting an application on Form H.

The investment made in a PPF accounts upto prescribed limits are eligible for relief under section 80C of Income Tax Act. The interest earned in a PPF accounts is exempt from Income Tax.

The balance in a PPF account is exempt from Wealth Tax and it cannot be attached under a court decree.

PPF (Public Provident Fund) is a **No Risk** investment scheme of the Government of India.

Updated : Jan. 14, 2021