SBI PPF Calculator

The State Bank of India (SBI) offers the Public Provident Fund (PPF) scheme as a part of its range of savings products. PPF is a popular long-term savings scheme introduced by the Government of India , designed to offer security and attractive interest rates along with tax benefits. SBI PPF Calculator helps in the easy computation of returns the account holder will receive after the completion of scheme tenure.

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SBI 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

What is PPF?

The Public Provident Fund (PPF) is a long-term savings and investment scheme launched by the Government of India to encourage individuals to invest their savings and earn decent returns along with tax benefits at the end of the tenure. 

PPF allows investors to build a substantial financial corpus with minimal risk involved. The interest rate on PPF is revised every quarter and is applicable across all public and private banks. As of now, the current Public Provident Fund Interest Rate is 7.1% per annum.

What is PPF Calculator SBI, and How is it Useful?

An SBI PPF calculator is a handy online tool that helps you calculate the amount you will receive on the maturity of your PPF account based on the contributions you make over the tenure of the investment.

You need to contribute a minimum sum annually until the PPF investment reaches maturity. It is possible to withdraw your funds before maturity, subject to specific conditions, or you may choose to extend the tenure of your account following its maturity. You can use the SBI PPF calculator available online to calculate your returns on investments. 

The benefits of the PPF calculator SBI are: 

  • Tells how much you need to invest to reach your goal.

  • Shows your total investment at the end of the term based on current contributions.

  • Tells the interest you'll earn at maturity.

  • Shows the total amount you'll receive at maturity.

Illustration to Show How SBI PPF Calculator Works

Suppose Mr. Rohit invests Rs.10,000 for 15 years in the PPF account. The following table shows the total interest receivable by Mr. Rohit and the loan and withdrawal amount eligibility related to the investment. (note that the interest rate is rounded off to 8% here).
Here is how the SBI PPF Calculator works:

Years Opening balance Deposited Amount  Interest earned Closing balance Maximum loan availed Maximum withdrawals made
1st year Rs. 0 Rs. 10000 Rs. 800 Rs. 10800 0 0
2nd year Rs. 10800 Rs. 10000 Rs. 1664 Rs. 22464 0 0
3rd year Rs. 22464 Rs. 10000 Rs. 2597 Rs. 35061 Rs. 2700 0
4th year Rs. 35061 Rs. 10000 Rs. 3605 Rs. 48666 Rs. 5616 0
5th year Rs. 48666 Rs. 10000 Rs. 4693 Rs. 63359 Rs. 8765 0
6th year Rs. 63359 Rs. 10000 Rs. 5869 Rs. 79228 Rs. 12167 0
7th year Rs. 79228 Rs. 10000 Rs. 7138 Rs. 96366 0 Rs. 17531
8th year Rs. 96366 Rs. 10000 Rs. 8509 Rs. 114875 0 Rs. 24333
9th year Rs. 114875 Rs. 10000 Rs. 9990 Rs. 134865 0 Rs. 31680
10th year Rs. 134865 Rs. 10000 Rs. 11589 Rs. 156454 0 Rs. 39614
11th year Rs. 156454 Rs. 10000 Rs. 13316 Rs. 179770 0 Rs. 48183
12th year Rs. 179770 Rs. 10000 Rs. 15182 Rs. 204952 0 Rs. 57438
13th year Rs. 204952 Rs. 10000 Rs. 17196 Rs. 232148 0 Rs. 67433
14th year Rs. 232148 Rs. 10000 Rs. 19372 Rs. 261520 0 Rs. 78227
15th year Rs. 261520 Rs. 10000 Rs. 21722 Rs. 293242 0 Rs. 89885

Invest & Save upto ₹46,800 per annum in taxInvest & Save upto ₹46,800 per annum in tax

How to Use Policybazaar’s PPF Calculator? 

To use Policybazaar's PPF Calculator, follow these simple steps:

  • Input your monthly investment amount.

  • The PPF Rate of Interest is usually auto-filled in the calculator.

  • Enter the total number of years you plan to invest in the PPF account.

  • The PPF Calculator SBI will then instantly calculate your total investment amount, the interest earned till date, and the maturity amount at the end of the tenure.

You can also explore other investment plans available on Policybazaar to find options that offer good returns.

Advantages of Using Policybazaar’s PPF Calculator

Some of the advantages of using an SBI PPF Calculator are:

  • Hassle-free results in comparison to manual calculations.

  • Accurate results with minimum basic details.

  • Shows the returns you will get according to your investment

  • Guides how much investment should be made to achieve a desirable maturity amount.


  • How much will I get after 15 years in PPF?

    It depends on how much you invest and the interest rate. Assuming you invest Rs. 5000 per year in PPF for 15 years at an interest rate of 7.1% per annum, you will get approximately Rs. 13989.82 after maturity.
  • Can I have 2 PPF accounts?

    No, you can only have one PPF account.
  • Is SBI PPF tax free?

    Yes, SBI PPF is tax free. Both the investment and the returns are tax-free.
  • What are the minimum and maximum limits of investment in the PPF account?

    The minimum amount an investor needs to add annually in their PPF account is Rs. 500 whereas the maximum amount that can be invested in a year is Rs. 1,50,000.
  • How many contributions can be made to my SBI PPF Account in a year?

    A maximum of 12 contributions can be made in a year and the amount shall not increase Rs. 1.5 lakhs.
  • What is the SBI PPF account tenure?

    In general, the PPF account comes with a 15-year tenure. However, it can be extended in a series of 5 years after the 15-year maturity period.
  • Are there any tax benefits while making investments in PPF?

    Yes, the PPF account allows the investor to claim tax benefits up to Rs. 1,50,000 annually under Section 80C of the Income Tax Act, 1961.
  • Are yearly deposits mandatory in the PPF account?

    Yes. A minimum of Rs. 500 needs to be deposited annually in order to keep the PPF account active.

*All savings are provided by the insurer as per the IRDAI approved insurance plan.
*Tax benefit is subject to changes in tax laws. Standard T&C Apply
^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.
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