SBI PPF Calculator

Public Provident Fund or PPF is a complete Government-backed investment scheme offered to all individuals, both minor and adults, through centralized private and public sector banks. SBI (State Bank of India) is one of the leading banks in India providing PPF accounts to their customers as well as non-customers. 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

Let us know in detail about what is PPF, SBI PPF scheme, what is SBI PPF Calculator, and how does it work.

What is PPF?

The PPF was introduced by the National Saving Institute of the Ministry of Finance that is under the Central Government in the year 1968. Public Provident Fund is a savings plus investment scheme launched by the Government of India to encourage individuals to invest their savings to achieve decent returns along with additional tax benefits at the end of the tenure.

PPF allows the investors to build a substantial financial corpus by offering guaranteed returns with minimal risk involved. The PPF interest rate is revised every quarter and applies on all public and private banks. The current Public Provident Fund Interest Rate is 7.1% annually. With benefits like Tax Return, loan facility, partial withdrawals, risk-free guaranteed returns, etc. investing in PPF is extremely safe and highly recommended for low-risk taking investors.

What is SBI PPF Calculator and How is it Useful?

State Bank of India Public Provident Fund Calculator is an easy-to-use online financial tool that helps in the calculation of complex PPF related calculations in just a blink of an eye. The PPF Calculator helps in calculating the yearly returns that an investor can earn by contributing a fixed amount for a fixed period of time. It is important to note that the PPF account comes with a tenure of 15 years and cannot be closed before the lock-in period except in certain cases.

The SBI PPF Calculator is beneficial to investors in the following mentioned ways:

  • Gives you a clear understanding of how much should be invested to achieve the desired outcome.

  • Calculates and predicts the total amount an investor will invest till the end of the tenure based on current investments made.

  • Calculates the total interest earned at the time of maturity.

  • Total amount to be received at the time of maturity.

How to Use SBI PPF Calculator?

The maturity amount of the SBI PPF Calculator can be calculated on the PPF Calculator in a hassle-free manner just by following these simple steps:

  • Drag the slider to enter the monthly invested amount in the SBI PPF account

  • PPF Rate of Interest is generally auto-filled in the calculator

  • Drag the slider to the total years of investments made in the PPF account

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

SBI Public Provident Fund Calculator Formula

The following compounded formula is used for the computation of SBI PPF maturity value:

F = P [({(1+ i) ^ n} – 1) / i]

The elaboration:

F = Maturity value of the Public Provident Fund

P = The annual installments made throughout the tenure

i = Rate of Interest

n = Total number of years

Let us understand with an illustration. Suppose Mr. Rohit invests Rs. 10,000 for 15 years in SBI 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).

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 Rs. 0 Rs. 0
2nd year Rs. 10800 Rs. 10000 Rs. 1664 Rs. 22464 Rs. 0 Rs. 0
3rd year Rs. 22464 Rs. 10000 Rs. 2597 Rs. 35061 Rs. 2700 Rs. 0
4th year Rs. 35061 Rs. 10000 Rs. 3605 Rs. 48666 Rs. 5616 Rs. 0
5th year Rs. 48666 Rs. 10000 Rs. 4693 Rs. 63359 Rs. 8765 Rs. 0
6th year Rs. 63359 Rs. 10000 Rs. 5869 Rs. 79228 Rs. 12167 Rs. 0
7th year Rs. 79228 Rs. 10000 Rs. 7138 Rs. 96366 Rs. 0 Rs. 17531
8th year Rs. 96366 Rs. 10000 Rs. 8509 Rs. 114875 Rs. 0 Rs. 24333
9th year Rs. 114875 Rs. 10000 Rs. 9990 Rs. 134865 Rs. 0 Rs. 31680
10th year Rs. 134865 Rs. 10000 Rs. 11589 Rs. 156454 Rs. 0 Rs. 39614
11th year Rs. 156454 Rs. 10000 Rs. 13316 Rs. 179770 Rs. 0 Rs. 48183
12th year Rs. 179770 Rs. 10000 Rs. 15182 Rs. 204952 Rs. 0 Rs. 57438
13th year Rs. 204952 Rs. 10000 Rs. 17196 Rs. 232148 Rs. 0 Rs. 67433
14th year Rs. 232148 Rs. 10000 Rs. 19372 Rs. 261520 Rs. 0 Rs. 78227
15th year Rs. 261520 Rs. 10000 Rs. 21722 Rs. 293242 Rs. 0 Rs. 89885
Invest & Save upto ₹46,800 per annum in taxInvest & Save upto ₹46,800 per annum in tax

Advantages of SBI PPF Calculator

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

  • Hassle-free results in comparison to manual calculations.

  • Safest investment option for low risk-taking investors.

  • Accurate results with minimum basic details.

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


  • Q. What are the minimum and maximum limits of investment in the PPF account?

    Ans: 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.
  • Q. How many contributions can be made to my SBI PPF Account in a year?

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

    Ans: 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.
  • Q. Are there any tax benefits while making investments in PPF?

    Ans: 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.
  • Q. Are yearly deposits mandatory in the PPF account?

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