PPF Calculator
Calculate PPF maturity value with tax-free interest. Plan your 15-year Public Provident Fund investment.
Total Invested
₹22,50,000
Tax-Free Interest
₹18,18,209
Maturity Value
₹40,68,209
How to Use
- 1
Enter yearly investment
Type how much you invest in PPF per year (max ₹1.5L).
- 2
Set tenure
PPF matures in 15 years — adjust for extensions.
- 3
View returns
See total invested, interest earned, and maturity amount.
How It Works
The Public Provident Fund is a 15-year government-backed savings scheme with tax-free interest and tax-free maturity — this calculator projects your maturity value based on the current PPF interest rate and your yearly contribution.
How PPF compounds
PPF interest is calculated monthly on the lowest balance between the 5th and last day of the month, but credited to your account only once a year, then compounds annually on the growing balance for the full 15-year tenure.
EEE tax status
PPF has "Exempt-Exempt-Exempt" status: your contribution is deductible under Section 80C (up to ₹1,50,000/year), the annual interest is tax-free, and the final maturity amount is also tax-free — a rare combination among Indian savings instruments.
Examples
₹1,50,000/year for 15 years at 7.1%
Contributing the maximum ₹1,50,000 every year for 15 years at the current 7.1% rate grows to approximately ₹40,68,000 at maturity — of which ₹22,50,000 is your own contribution and roughly ₹18,18,000 is tax-free interest.
Smaller annual contribution
₹50,000/year for the same 15 years at 7.1% grows to approximately ₹13,56,000 — proportionally the same growth rate, just scaled to the smaller yearly amount.
Common Use Cases
- Long-term, low-risk retirement or child-education savings with guaranteed tax-free returns
- Reducing taxable income under Section 80C while building a long-term corpus
- Comparing PPF's guaranteed tax-free return against market-linked options like ELSS or SIP for the 80C portion of your tax planning
Tips
- The PPF interest rate is set by the government every quarter and can change — the calculator uses the current published rate, but your actual long-term return may vary slightly if rates change during your 15-year tenure.
- Depositing before the 5th of the month matters — interest is calculated on the lowest balance between the 5th and end of each month, so a deposit made on the 6th misses that month's interest on the new amount entirely.
- PPF has a 15-year lock-in (with limited partial withdrawal from year 7) — it's best suited for money you genuinely won't need in the short-to-medium term.
Frequently Asked Questions
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