Excel PPF Calculator and Tracker

This is a major update announcement to the guest post by Karthikeyan Chellappa. He has created a neat PPF calculator which can be used to

1) calculate maturity value for fixed, monthly, Quarterly, half-yearly or annual investment or

2) calculate fixed investment requires for a required maturity value.

He was generous enough not to password protect the sheet.

I had created a PPF tracker by making simple modifications to his sheet (Sep 2014). Now, the sheet has received major updates.

The tracker can be used for new and existing PPF accounts.

The interest rate and investment limit can be varied each financial year. It also accounts for withdrawals made.

The tracker gives the loan and withdrawals limits for new PPF accounts. (This is based on my understanding of PPF rules. Kindly let me know if you think this is incorrect).

Features of the Excel PPF Calculator and Tracker

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PPF Calculator - This is the original made by Karthikeyan
Excel-PPF-calculator-and-tracker-2
PPF Goals calculator (requires macros to be enabled)
Excel-PPF-calculator-and-tracker-3
PPF account opening and maturity date with time schedule. Same is available for extensions also. The opening dates are key for the new version.
Excel-PPF-calculator-and-tracker-5
The PPF tracker page

To start using the PPF tracker, all you need is the

  1. Balance as on March 31st of the current year
  2. Interest rate announced for each quarter
  3. Deposits made since April of the current year.

You can then start tracking future deposits, loan, withdrawals and extension.

The tracker incorporates the features of Public Provident Fund (PPF) Extension Rules Upon Maturity

Accounts can either be kept alive with withdrawals  (no limit) after 15Y maturity or can be extended with deposits and withdrawals (60%) for 5Y periods

Do join me in thanking Karthikeyan for this 'open-source' calculator. Do let me know if additional features or corrections are necessary.

Download the latest version (June 2016) of the PPF Calculator and Tracker

Note: The calculator only calculates the loan eligibility and the loan amount. If you take a loan, that amount or the outstanding balance in the loan should be deducted from the withdrawal limit. The sheet does not do this.

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Change log

I post this with apologies to reader Aditya Maheshwari for taking this long to post a PPF calculator. I was simply too lazy to do it. Thankfully Karthikeyan came to my rescue.

Download the Aug 2015 Version of the PPF Calculator and Tracker

This sheet has 1Y extra in the tracker sheet as requested by Cshipra in the comments section: 1Y-extra-version-Jan-2016

Thanks to Sundaram Anathakrishnan for pointing out a bug in the tracker sheet.

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21 thoughts on “Excel PPF Calculator and Tracker

  1. pradeep nair

    Pattu Sir, on Teachers day, I thank you for enlightening me and so many others like me. Before reading your blog I knew few things but not constructive enough to understand and manage my corpus efficiently. Your various calculators and explanations have made my life easy and understand various pitfalls in the financial planning arena. Cannot thank you enough. May god bless you and family with all happiness.

    Reply
  2. pradeep nair

    Pattu Sir, on Teachers day, I thank you for enlightening me and so many others like me. Before reading your blog I knew few things but not constructive enough to understand and manage my corpus efficiently. Your various calculators and explanations have made my life easy and understand various pitfalls in the financial planning arena. Cannot thank you enough. May god bless you and family with all happiness.

    Reply
    1. pattu

      Yes it is possible. You can do this yourself. Just click open both sheets. Right click on ppf tracker and choose move to the mf tracker sheet. However integration with the summary sheet will be tough. But still you can make your own entries.

      Reply
    1. pattu

      Yes it is possible. You can do this yourself. Just click open both sheets. Right click on ppf tracker and choose move to the mf tracker sheet. However integration with the summary sheet will be tough. But still you can make your own entries.

      Reply
  3. Cshipra

    Really appreciate Karthikeyan for the ppf calculator. While surfing through the net, I have found ppf fixed monthly investment calculator, ppf fixed yearly investment calculator, ppf variable yearly investment calculator which did not suit my needs. I had a tough time finding a ppf variable monthly investment calculator. Thanks to Karthikeyan, I can now calculate variable monthly investment throughout 15 years. A suggestion though - if a investment in begins in the middle of a year, the total investment period becomes close to 16 years. So, would be good if an additional year is added in the PPF calculator and tracker sheet.

    Reply
  4. kishor

    In file PPF-Calculator-tracker-June-2016.xlsm , at PPF maturity date calculation sheet, there are a wrong calculations for maturity date. Check for any account opening date as from 1st Jan to 31 march for any year, it will give wrong result. It gives correct date for account opened on 1st April to 31 Dec. When you open account after 1st January of any year, "0" year is the year of account opening. Check your sheet with input of account opening date as 31-03-15 and 01-04-15, output remains same, which is not correct. Formula to be revised so as when acct is opened during Jan to Mar, ) year is taken of same FY & not of next. Formula at cell E3 to be corrected as =IF(MONTH(B3)<4,YEAR(B3),YEAR(B3)+1) in place of existing formula =YEAR(B3)+1.

    Also as per PPF extension rule, further extension whenever done is wef from previous maturity date only. Hence There shall be formula at cell B9 as =B5 so as it takes extentios date value automatically from cell B5, instead of making data entry for date of account extension.

    These two corrections are must for right calculation of entire file

    Reply
  5. dilip

    Sir,in the present case,we have to enter the Interest rate each quarter.Is it possible to enter fixed interest rate and calculate the final amount? And what is intrest % is considered for the monthly investment required to reach particular goal amount? Thank you

    Reply

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