Indian Bank PPF Calculator

Indian Bank offers its customers the Public Provident Fund (PPF) scheme, a popular long-term investment option known for its safety, tax benefits, and stable returns. To help investors estimate their potential earnings, Indian Bank provides a convenient PPF Calculator.

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  • 15.8 Crore Registered Consumer
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  • 7.16 Crore Policies Sold

Tax Saving Plans

  • Get Returns That Beat Inflation
  • Zero Capital Gains tax
  • Save upto Rs 46,800In Tax under section 80C^
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Plans available only for people of Indian origin By continuing you agree to receive assistance and agree to our Privacy Policy, Terms of Use #For a 55 year on investment of 20Lacs #Discount offered by insurance company
We are rated++
rating
15.8 Crore
Registered Consumer
53
Insurance Partners
7.16 Crore
Policies Sold

What is a PPF Scheme and How it Provides Returns?

The PPF scheme is a government-backed investment option where you deposit a fixed amount annually. The government guarantees your investments, and the interest rate is reviewed quarterly.

Key Features:

  • Long-term Investment: 15-year lock-in period.

  • Tax Benefits:

    • Deduction under Section 80C of the Income Tax Act.

    • Tax-free interest and maturity amount.

  • Investment Limits: Minimum ₹500 and maximum ₹1.5 lakh per year.

How is Interest on PPF Calculated?

  • Interest is calculated monthly on the account balance.

  • The government determines the interest rate quarterly.

  • Accumulated interest is credited to the account annually.

Indian Bank PPF Calculator
  • Monthly
  • Yearly

Monthly Investment

₹500 ₹12.5K
Enter Monthly Investment

PPF Rate of Interest (Yearly)

Rate of Interest (Yearly)

Time Period

15 Years 50 Years
Enter Time Period
Total Investment
Interest Earned
Maturity Amount

PPF Maturity Calculation

The maturity value of a PPF account can be calculated using the following formula:

The Indian Bank calculator works on the basis of the following formula
F = P [({(1+i) ^n}-1)/i]
Terms used in Indian Bank PPF Calculator
F
Maturity amount
P
Annual installment
i
Interest rate per annum
n
Number of years

How to Calculate the Maturity Value of your Indian Bank PPF Account?

  • Access the Calculator: Locate the PPF Calculator on the official Indian Bank website or mobile app.

  • Input Details:

    • Enter the annual investment amount.

    • Select the investment tenure.

  • Calculate: The calculator will automatically determine:

    • Total investment amount.

    • Total interest earned.

    • Maturity value at the end of the investment period.

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Benefits of Using the Indian Bank PPF Calculator

  • Easy Estimation: Quickly estimate potential returns without manual calculations.

  • Financial Planning: Assess if PPF aligns with your financial goals and retirement planning.

  • Informed Decisions: Understand the impact of different investment amounts and tenures.

FAQs

  • What returns can I expect from a PPF account after 15 years?

    The maturity amount after 15 years depends on the principal amount you invest and the interest earned on it over the tenure.
  • What is the current interest rate for the PPF scheme?

    The Government of India reviews and updates the interest rate for PPF quarterly. Currently, it stands at 7.1% per annum.
  • Can I avail of a loan against my PPF account? If yes, how?

    Yes, PPF account holders can avail of a loan against their deposits. This facility is available from the third financial year of the account and can be availed until the end of the sixth financial year.

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˜The insurers/plans mentioned are arranged in order of highest to lowest first year premium (sum of individual single premium and individual non-single premium) offered by Policybazaar’s insurer partners offering life insurance investment plans on our platform, as per ‘first year premium of life insurers as at 31.03.2025 report’ published by IRDAI. Policybazaar does not endorse, rate or recommend any particular insurer or insurance product offered by any insurer. For complete list of insurers in India refer to the IRDAI website www.irdai.gov.in
Disclaimer: ^Section 80C allows annual deductions of up to ₹1.5 lacs from the taxable income. Section 10(10D) provides tax-free maturity benefits for investments of up to ₹2.5 Lacs/ year, on policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws. All plans listed here are of insurance companies’ funds.
*All savings are provided by the insurer as per the IRDAI approved insurance plan.
^The tax benefits under Section 80C allow a deduction of up to ₹1.5 lakhs from the taxable income per year and 10(10D) tax benefits are for investments made up to ₹2.5 Lakhs/ year for policies bought after 1 Feb 2021. Tax benefits and savings are subject to changes in tax laws.
¶Long-term capital gains (LTCG) tax (12.5%) is exempted on annual premiums up to 2.5 lacs.
++Source - Google Review Rating available on:- http://bit.ly/3J20bXZ

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