PPF & FD Calculator: Complete Guide
Use this PPF and FD calculator to estimate long-term savings growth from annual deposits, an interest rate, and a selected tenure. It is useful for comparing the effect of regular contributions and compounding on a maturity value.
How to Use This Calculator
- Enter your annual deposit or contribution.
- Add the assumed annual interest rate.
- Choose the number of years for the projection.
Calculation Formula
Maturity = Annual deposit × [((1 + r)^n - 1) ÷ r] × (1 + r)
An annual deposit of ₹1,20,000 at 7.1% for 15 years shows the total deposits, estimated interest, and projected maturity value separately.
Frequently Asked Questions
Is the PPF interest rate fixed forever?
PPF rates are set by the government and can change. Use the current or assumed rate for an estimate and verify the latest rate separately.
Does this calculator provide an FD quote?
It provides a general maturity projection. Banks may use different compounding frequencies, payout options, and product terms.
Related Calculators
This is a simplified projection and does not replace the official terms of a PPF or fixed deposit product.