1. What is PPF Lump Sum Calculation?

The PPF (Public Provident Fund) lump sum calculation determines the maturity amount when a single investment is made for the full 15-year tenure. This is different from regular annual contributions.

2. How Does the Calculator Work?

The calculator uses the PPF maturity formula:

Where:

• \( LumpSum \) — One-time investment amount (INR)
• \( Rate \) — Annual interest rate (as decimal)
• 15 — PPF lock-in period in years

Explanation: The formula calculates compound interest over 15 years on a single investment.

3. Importance of PPF Calculation

Details: PPF is a popular long-term savings scheme in India with tax benefits. Knowing the maturity amount helps in financial planning.

4. Using the Calculator

Tips: Enter lump sum amount in INR and current PPF interest rate. Both values must be positive numbers.

5. Frequently Asked Questions (FAQ)

Q1: Is PPF interest compounded annually?
A: Yes, PPF interest is compounded annually and credited at the end of each financial year.

Q2: Can I extend my PPF account beyond 15 years?
A: Yes, you can extend in blocks of 5 years after the initial 15-year period.

Q3: What is the current PPF interest rate?
A: The government revises PPF rates quarterly. Check the latest rate before calculations.

Q4: Is this calculation valid for partial withdrawals?
A: No, this calculator is only for lump sum investments without any withdrawals during the tenure.

Q5: Are there tax benefits on PPF?
A: Yes, PPF falls under EEE (Exempt-Exempt-Exempt) category for tax purposes in India.