Groww PPF Calculator – Estimate Your Public Provident Fund Returns
The Groww PPF Calculator is a smart online tool designed to help investors calculate their returns on investments in the Public Provident Fund (PPF). Whether you’re a new or seasoned investor, Groww makes it easy to plan long-term, tax-saving investments and visualize maturity value instantly.
What is the Groww PPF Calculator?
Groww offers a user-friendly interface for calculating the maturity amount, total interest earned, and overall investment in a PPF account. The calculator uses the current PPF interest rate (around 7.1% p.a., compounded annually) to project future returns. Simply enter your yearly or monthly deposit, and Groww’s system displays your estimated tax-free maturity amount.
Features of the Groww PPF Calculator
- Fast and intuitive calculation process
- Accurate estimates based on latest interest rates
- Works for monthly or yearly contribution inputs
- Shows total deposit, interest earned, and maturity value
PPF Account Highlights
- Minimum yearly investment: ₹500
- Maximum limit: ₹1.5 lakh/year
- Lock-in period: 15 years (extendable)
- Compounded annually, interest is credited on 31st March
- Eligible for tax exemption under Section 80C
Example Calculation
Let’s say you invest ₹1.5 lakh every year for 15 years using Groww’s PPF calculator at 7.1% annual interest:
- Total Investment: ₹22,50,000
- Interest Earned: ₹18,18,209
- Maturity Amount: ₹40,68,209
Tax Benefits with PPF
PPF offers complete tax exemption under the EEE (Exempt-Exempt-Exempt) category:
- Deposits up to ₹1.5 lakh per year qualify for Section 80C deduction
- Interest earned is tax-free
- Maturity proceeds are completely tax-free
Why Use Groww’s PPF Calculator?
- Clean and mobile-friendly interface
- No registration required
- Instant results for better financial planning
- Helps compare long-term investment options
Conclusion
The Groww PPF Calculator is an excellent companion for anyone looking to plan long-term investments through the Public Provident Fund. With tax-free benefits, secure returns, and Groww’s simple platform, you can confidently project your savings and make informed financial decisions.