PPF Calculator

Estimate the maturity value of your Public Provident Fund based on your yearly contribution and the prevailing interest rate.

Plan your PPF

Yearly investment

₹

Minimum ₹500 and maximum ₹1,50,000 per financial year.

Interest rate (p.a.)

Time period

PPF has a 15-year tenure, extendable in 5-year blocks.

Invest now

Your results

Maturity value

₹40,68,209

Maturity₹40.68 L

Total invested₹22,50,00055.3%
Total interest₹18,18,20944.7%

Total invested

₹22,50,000

Total interest

₹18,18,209

Maturity value

₹40,68,209

Yearly deposit

₹1,50,000

* PPF interest is compounded annually and is fully tax-free under the EEE regime.
* Deposits qualify for deduction under Section 80C up to ₹1.5 lakh a year.

Invest now

What is the PPF Calculator?

The Public Provident Fund (PPF) is a government-backed, long-term savings scheme with a 15-year tenure, guaranteed interest and full tax exemption (Exempt-Exempt-Exempt). A PPF calculator projects how your yearly contributions grow into a tax-free corpus by maturity.

How does it work?

You deposit a chosen amount each financial year (up to ₹1.5 lakh). Interest is calculated and compounded annually on the balance. The calculator adds each year’s contribution, applies the annual interest rate, and rolls the balance forward for the full tenure to arrive at the maturity value.

Formula

Balanceᵧ = (Balanceᵧ₋₁ + Annual Deposit) × (1 + r)

Balanceᵧ = balance at the end of year y
Annual Deposit = amount invested that year
r = annual PPF interest rate (as a decimal)

Example calculation

Depositing ₹1,50,000 every year for 15 years at 7.1% builds a corpus of about ₹40.68 lakh, of which roughly ₹18.18 lakh is tax-free interest on a total investment of ₹22.5 lakh.

Benefits

+Sovereign-backed with guaranteed, tax-free returns (EEE status).
+Contributions qualify for Section 80C deduction up to ₹1.5 lakh.
+Disciplined, long-horizon savings ideal for retirement or big goals.

Limitations

!Long 15-year lock-in with only limited partial withdrawals allowed.
!Annual contribution is capped at ₹1.5 lakh.
!The interest rate is revised by the government every quarter.

Conclusion

PPF is one of the safest ways to build a tax-free corpus over the long term. Contribute early in the financial year to earn a full year of interest, and consider extending in 5-year blocks after maturity to keep the tax-free compounding going.

Frequently Asked Questions

What is the current PPF interest rate?+

The PPF rate is set by the government each quarter. It has recently been around 7.1% per annum. You can adjust the rate in the calculator.

What is the PPF tenure?+

The base tenure is 15 years. After maturity you can extend in blocks of 5 years, with or without further contributions.

Is PPF interest taxable?+

No. PPF enjoys EEE status — contributions, interest and maturity proceeds are all exempt from income tax.

What is the maximum I can invest?+

You can invest up to ₹1,50,000 per financial year, with a minimum of ₹500.

When is interest credited?+

Interest is calculated monthly on the lowest balance between the 5th and the end of the month, and credited at the year end. Depositing before the 5th maximises interest.

Can I withdraw early?+

Partial withdrawals are allowed from the 7th year, and loans from the 3rd to 6th year, subject to limits. Full withdrawal is only at maturity.

Take your first step into the market with