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# PNB PPF Calculator

Yearly investment
Time period (in years)
Yr
Rate of interest
%
 Invested amount ₹ Total interest ₹ Maturity value ₹
Total investment
Total interest
SAVE TAX

Punjab National Bank’s Public Provident Fund (PPF) is a great investment scheme which provides a substantial return and offers tax benefits. You can invest a minimum of Rs. 500 to a maximum of Rs. 1,50,000 in a financial year. This Scheme is operational in all branches of PNB with a lock-in period of 15 years. You can take help of the PNB PPF calculator at any point of time to calculate the maturity value on our PPF scheme.

## What is PPF and Why is it Popular among investors?

The PPF account or Public Provident Fund scheme is one of the most popular long-term saving-cum-investment methods, primarily due to its benefits of safety, returns and tax savings. The reason why it has become so popular is the government of India guarantees your investments in the fund. The interest rate is also reviewed by the government every quarter. The lock-in period is 15 years and one can invest a minimum of Rs. 500 and a maximum of Rs. 1,50,000 in a financial year. With the help of PPF calculator of PNB Bank, it becomes very easy to calculate the returns that you will earn on your PPF investment.

## How is interest on PPF calculated?

The PPF interest is calculated on a monthly basis based on the pre-determined rate of interest decided by the government. However, the interest is credited to the account at the end of the financial year.

PPF Interest Calculation

PPF returns are calculated with the help of following formula:

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

The variables in the formula are–

F – Maturity of PPF

P – Annual instalments

i – Rate of interest

n – Total number of years

## How to Calculate the Maturity Value of your PNB PPF Account?

The PNB PPF interest rate calculator provides you with an estimate of the interest you will earn and the cumulative maturity value for the principal value invested and investment period. This estimation of the returns earned at the end of the investment period helps you know whether the investment option chosen aligns with your financial goal or not.

## How to Use the PNB PPF Calculator?

Calculating the maturity value using this calculator is super easy! All you have to do is enter some of the details pertaining to your PPF scheme:

• Provide the yearly investment amount or adjust the slider to set the amount
• Enter the time period of the PPF investment.
• Once you enter the above details, the PNB PPF calculator will calculate the total investment amount, total interest and the maturity value at the end of the investment period.

## Key benefits of Using PPF Calculator of PNB

• The advantages of using PPF PNB calculator is listed below;
• It provides the investor with an estimation of how much interest can be earned with the given principal amount in hand.
• It helps in making a smart decision on the investment horizon, for how long should the investment be held to achieve the investment goal
• The PNB PPF interest rate calculator provides the schedule of investment beforehand, which helps in planning the yearly amount to be invested, loan that can be availed and the amount that can be withdrawn

## PNB PPF Calculator – FAQs

Ques. How to open a PPF account?

Ans. A PPF account can be opened at all designated branches of PNB Bank.

Ques. How to avail a loan on PPF?

Ans. An account holder can take a loan against the deposits in a PPF account from the third financial year and till the end of the sixth financial year.

Ques. Is there any minimum lock-in period for PPF account?

Ans. The PPF account has a mandatory lock-in period of 15 years. However, investors can start making partial withdrawals from the 5th year.

Ques. What if I miss a PPF payment?

Ans. In that case, your account will be marked as inactive. However, you can activate your account by paying a small penalty of Rs 50 and make a deposit for the years you have missed paying the deposit.