PNB PPF Calculator

PNB PPF Calculator: Calculate returns on your PNB Public Provident Fund investment. Estimate maturity value and plan for your financial future today!


₹ 10,000
15 Yrs
7.1%

Punjab National Bank PPF is an excellent savings scheme that provides a high return on investment and tax rebates. You can contribute from ₹ 500 to ₹ 1,50,000 every financial year. This PNB product is available at all branches and has a lock-in period of 15 years. And you can calculate at any time how much your investment will grow in the future by using the PNB PPF Calculator now!

What is PPF, and Why is it Popular among Investors?

One of the most prevalent schemes, not just for long-term long-term long-term investment or savings, is the Public Provident Fund (PPF) because it is safe, offers high returns, and provides tax-saving options. The Government of India guarantees it, and that is why it is so popular. The government also reviews the interest rate on a quarterly basis.

With a lock-in tenure of 15 years, you can invest a minimum of Rs. 500 to a maximum of Rs. 1,50,000 in one fiscal. Using the PPF calculator available through PNB Bank enables you to easily compute the returns you will obtain from your PPF investment.

How is Interest in PPF Calculated?

The interest rate is determined by the government and is recalculated monthly. The interest is, however, credited to your account at the end of the fiscal year.

PPF Interest Calculation

Here is the formula for determining PPF returns:

F = P [({(1+i) ^n} 1) / i]

Where:

  • F: The final amount at the expiry of the PPF period
  • P: The amount you invest each year
  • i: The rate of interest
  • n: The amount of years you invest

How To Calculate The Maturity Amount of your PNB PPF Account?

The PNB PPF calculator offers you an estimate of how much interest you would earn, along with the total maturity value for your principal value and investment tenure. The forecast of earnings at the end of investment tenure from this calculation is useful in determining whether your investment option is appropriate to meet your financial objective.

How to Use the PNB PPF Calculator?

Calculating the maturity value through this calculator is extremely simple. You have to put in some of the information specific to your PPF scheme:

  • Give the annual investment amount or use the slider to specify the amount.
  • Input the investment period of the PPF.

After providing the above information, the PNB PPF calculator will determine the total investment, total interest earned, and the value at maturity at the investment conclusion.

Important Advantages of Using the PNBs PPF Calculator

The following are the benefits of using the PPF PNB calculator:

  • This tool provides investors with an estimate of the interest they can earn based on the available principal amount.
  • Those values help inform intelligent decisions regarding the investment horizon and how long to hold an investment to achieve the investment objective.
  • The PNB PPF Interest Rate Calculator helps you plan for the yearly amount to be invested, the loans that can be sanctioned to you, and the amount that can be withdrawn.

Calculate your Public Provident Fund maturity with Punjab National Bank.

1. What’s this PNB PPF calculator all about?

It helps you determine the maturity amount of your Public Provident Fund account with Punjab National Bank over a lock-in period of 15 years. You can use the calculator to determine how your monthly or yearly contributions will grow in line with the current PPF interest rate.

2. What do I need to enter into this calculator?

You must input your annual PPF contribution (minimum ₹500, maximum ₹1.5 lakh) and the prevailing PPF interest rate. The calculator will show you the maturity amount after 15 years on your investment, along with the interest.

3. Is using this PNB PPF calculator free of cost?

Yes, PNB’s PPF calculator is completely free to use on their official website. You can access it anytime to plan your PPF investments without any charges.

4. How accurate are the PPF projections it shows?

The calculations are mathematically accurate based on the interest rate you input, but actual returns may vary as PPF rates are revised quarterly by the government. It’s best to use the current rate and understand that future rates may fluctuate.

5. Can I see how different contribution amounts affect my PPF maturity?

Of course, you can experiment with different annual contribution numbers, such as ₹500 to ₹1.5 lakh, to visualise the effect. The fact that the interests of 15 years have compounded means that, owing to even the slightest increase in contributions each year, the amounts of maturity become significantly larger.

6. Does this calculator accurately reflect the tax savings of a PPF?

The calculator is primarily for maturity calculations, as PPF contributions are eligible for a Section 80C deduction of up to ₹1.5 lakh per year. That maturity amount, along with the interest earned, is 100% tax-free, making it a highly effective tax-saving investment instrument.

7. Can I use this calculator for PPF account extensions beyond 15 years?

Most basic calculators display the mandatory 15-year period, but you can extend the PPF in 5-year increments. For extension calculations, you may need to manually compute or use advanced calculators that factor in partial withdrawals and extended tenure options.