BOB PPF calculator

What is the Bank of Baroda PPF Calculator? 

The Bank of Baroda PPF calculator is an online calculator that helps PPF investors or users to calculate their PPF investment growth. For new users who are planning to invest, it provides a clear projection of the investment growth and how the investment will perform over the period with the latest interest rate.

The calculator allows users to select an investment frequency like monthly, quarterly, half-yearly or annually and enter the investment amount. Then it instantly provides an approximate maturity value based on the selected inputs.

Bank of Baroda PPF Calculator Formulae

The formula which is used to calculate the estimated Bank of Baroda PPF maturity is:

Bank of Baroda PPF Formula: M = P [({(1+i)^n}-1)/i] 

Where,

• M = Maturity
• P = Annual instalments
• i = Interest rate
• n = Number of years

The Bank of Baroda PPF calculator uses the investment amount, frequency, interest rate and investment period to estimate the maturity amount. The bank notes that the displayed maturity value is approximate and the final value may differ.

Note: Actual PPF interest calculation depends on the balance eligible for interest during each month. Bank of Baroda states that interest is calculated on the minimum balance between the 5th day and the last day of the month and is compounded annually.

How to use the Bank of Baroda PPF Calculator?

Bank of Baroda calculator can be used in 3 easy and simple steps. Here are the steps to follow,

• Step 1: Select the frequency of investment in the calculator
• Step 2: Enter the Investment amount based on the selected investment frequency
• Step 3: Select the investment duration (minimum 15 years and can be extended in 5-year blocks)

The Bank of Baroda PPF calculator instantly shows the results like your total investment amount, interest earned and the overall value of the investment.

Example

Let’s assume Mr Ganesh has invested ₹1,50,000 every year in a PPF account for 15 years continuously, with an interest rate of 7.1% per annum.

By using the PPF calculation formula, M = P × [((1 + i)ⁿ − 1) / i], the calculator estimates the maturity value based on the interest rate and amount invested.

The calculator will automatically show:

• Total Invested: ₹22,50,000
• Total Interest Earned: ₹18,18,209
• Maturity Amount: ₹40,68,209

It clearly shows that by investing ₹1.5 lakh every year via 12500 monthly investments for 15 years, the total invested value over 15 years became ₹22.5 lakh, while the total investment has grown to approximately ₹40.68 lakh, by considering the interest rate remains unchanged at 7.1% throughout the investment period.

The actual PPF maturity calculation can differ because PPF interest is calculated based on the monthly minimum balance and credited annually. Therefore, an online PPF calculator should be used for a more practical estimate based on the chosen investment frequency.

Bank of Baroda PPF Interest Rate 2026

The interest rate of Bank of Baroda PPF for 2026 stands at 7.1% per annum. BOB follows the PPF fixed interest rate set by the Government of India from time to time, and the interest is compounded on an annual basis.

For the current financial year FY 2026-27, the PPF rate remains 7.1% p.a., which has been kept unchanged from 1 April 2020, which is from FY 2020-2021. The Government reviews the PPF interest rates periodically, so investors should check the latest applicable rate before calculating long-term returns.