As a result, the PPF calculator is a simple and easy-to-use online tool that will help you determine your maturation amount as well as the interest that will be earned on your initial investment, allowing you to monitor how your investment is performing over time.

If you are planning to invest in PPF, but are not sure how much to invest, or if you are not sure about what kind of returns you might get, using an online PPF calculator can be helpful in helping you understand how much to invest and how much return you may expect.

**How PPF Calculator Works?**

In order to determine the amount of returns and interest earned on one’s investment, a PPF calculator works by calculating the mathematical formula for that investment. This calculator has an easy-to-use user interface and is very easy to use. However, if you have never used an online calculator before, here is a quick guide on how to use an interest calculator for a PPF:

**Step 1:** Calculate your PPF using the website of your choice.

**Step 2:** Provide all the required information, including the interest rate and initial investment.

**Step 3:** Within a few seconds, a screen will display the maturity amount.

The interest earned will be calculated on the basis of the financial year if the deposit is made on the first of April.

**Public Provident Fund Calculation Formula**

This is how the Public Provident Fund Return Calculator calculates your investment’s interest earned and maturity amount using the compound interest formula. Here is what the formula looks like in the Public Provident Fund Calculator:

F = P[({(1 + i)n} – 1)/i]

Here,

Interest rate = i

Maturity Amount = F

Years since investment was made = N

Invested principal (annually) = P

Taking an example, in order to get a clear understanding of how this formula works, let’s look at an example. If you were to deposit 1 lakh rupees every year for a period of 15 years at a rate of 7% for those 15 years, the maturity amount at the end of the PPF tenure would be Rs. 28.82 lakh, and that is how it works.

**How PPF Calculator Can Help You?**

You can use online calculators when you are new to investing to get an idea of what your options are. PPF calculators can also be very helpful when you are looking for information on this type of investment.

- In addition to being able to see how your PPF investment is growing, you can also get a clear picture of how much interest you will earn over time.
- Calculate how much you need to invest each year or month to reach your goal using a PPF calculator
- PPF calculators are free to use multiple times, and no additional software is required.
- It eliminates the possibility of errors caused by manual calculation, since it is an automated tool.
- It is easy for everyone to understand the results of PPF calculators since they display the results graphically.

**Advantages of using a PPF Calculator**

Calculate your investment’s maturity value and interest earned using our Public Provident Fund calculator.

There are several advantages to using a PPF calculator:

**Helps in Investment Planning**

The **PPF calculator** is one of the best tools to help you plan your financial goals, since it calculates your expected returns based on a fixed interest rate over time.

**Free Unlimited Usage**

With PPF calculators online, you can calculate the growth rate of your PPF investments at no cost, by changing the investment amounts and frequency. This can help you plan your investment goals more effectively.

**FAQ**

**1. What is the PPF interest rate in 2022?**

A circular released by the Public Provident Fund (PPF) and the Compensation and Pension Fund (CPF) announced that the interest rates on the new investments made during the July to September 2022 quarter will remain the same as in the previous quarter.

**2. How PPF Interest is calculated?**

As a result of your investment in a PPF, you get compounded interest on your cumulative profits.” The PPF interest rate is currently 7.1 percent per annum which will be compounded annually in the quarter ending June 30, 2022. Each quarter, the Ministry of Finance determines interest rates.