PPF Calculator — India (₹)

Calculate your Public Provident Fund maturity amount, total interest earned, and year-wise growth. PPF offers EEE tax status — investment, interest, and maturity are all 100% tax-free.

🏛️ PPF Investment Details
Min ₹500 — Max ₹1,50,000 per year
ℹ️ PPF has a lock-in period of 15 years. It can be extended in blocks of 5 years with or without fresh deposits. Interest is compounded annually. Current rate: 7.1% (set by Govt quarterly).
Maturity Amount₹40,68,208
Total Deposited₹22,50,000
Interest Earned₹18,18,208
Wealth Gain80.8%
📊 Year-by-Year Breakdown
YearDepositInterestBalance
1₹1,50,000₹10,650₹1,60,650
2₹1,50,000₹22,056₹3,32,706
3₹1,50,000₹34,272₹5,16,978
4₹1,50,000₹47,355₹7,14,333
5₹1,50,000₹61,368₹9,25,701
6₹1,50,000₹76,375₹11,52,076
7₹1,50,000₹92,447₹13,94,523
8₹1,50,000₹1,09,661₹16,54,184
9₹1,50,000₹1,28,097₹19,32,281
10₹1,50,000₹1,47,842₹22,30,123
11₹1,50,000₹1,68,989₹25,49,112
12₹1,50,000₹1,91,637₹28,90,749
13₹1,50,000₹2,15,893₹32,56,642
14₹1,50,000₹2,41,872₹36,48,514
15₹1,50,000₹2,69,694₹40,68,208
Total₹22,50,000₹18,18,208₹40,68,208
🛡️ PPF Tax Benefits
📥 InvestmentDeduction under Section 80C (up to ₹1,50,000)
💰 Interest100% tax-free (exempt under Section 10)
🎯 MaturityCompletely tax-free (EEE status)
🏆 Tax Savings (30% slab)₹45,000/year

What is PPF (Public Provident Fund)?

PPF (Public Provident Fund) is a long-term savings scheme backed by the Government of India, offering guaranteed, tax-free returns with the highest level of safety. It has an EEE (Exempt-Exempt-Exempt) tax status: your contribution gets 80C deduction (up to ₹1.5L/year), interest earned is fully tax-free, and the maturity amount is also tax-free.

The current PPF interest rate is 7.1% per annum, compounded annually. While this is lower than equity returns, PPF's guaranteed, inflation-beating, tax-free returns make it ideal for the debt portion of an Indian investor's portfolio — especially for risk-averse investors, retirement planning, and tax-saving goals.

How to Use This PPF Calculator

  • Yearly Investment: Enter how much you invest each year (max ₹1,50,000). The maximum is most tax-efficient as the full amount qualifies for 80C deduction.
  • Tenure: The minimum is 15 years. You can extend in 5-year blocks after maturity.
  • Interest Rate: Currently 7.1% (pre-filled). You can adjust if the government changes the rate.
  • Result: See your total deposits, total interest earned, maturity amount, and year-wise breakdown of how your PPF corpus grows.

Key Features of PPF in India

  • Interest Rate: Currently 7.1% p.a., compounded annually. Rate is reviewed every quarter but has been stable for several years.
  • Investment Limits: Minimum ₹500/year, maximum ₹1,50,000/year. One account per person — no joint accounts allowed.
  • Lock-in Period: 15 years with partial withdrawal allowed from year 7. Premature closure allowed after 5 years in specific cases (medical/education).
  • Tax Benefits: Section 80C deduction on investment, Section 10 exemption on interest, and maturity proceeds are fully tax-free. Total tax benefit at 30% slab: ₹46,800/year.
  • Where to Open: Any nationalised bank (SBI, PNB, BOB), Post Office, or select private banks (HDFC, ICICI, Axis). Online PPF accounts are available through net banking.

Tips to Maximise Your PPF Returns

  • Invest before the 5th of each month: PPF interest is calculated on the lowest balance between the 5th and the last day of each month. Investing before the 5th ensures you earn interest for that full month.
  • Invest the full ₹1.5L each April: Investing at the start of the financial year (April 1–5) maximises the number of months your money earns interest — up to 12 months of extra interest vs investing in March.
  • Extend, don't withdraw: After 15 years, consider extending in blocks of 5 years with contributions. Compounding in years 16–20 is extremely powerful due to the large accumulated base.
  • Combine PPF with ELSS: Use PPF for the "safe" portion of 80C (guaranteed returns) and ELSS for the "growth" portion. Split ₹1.5L between both based on your risk tolerance.

Disclaimer: PPF interest rate is set by the Government of India and is subject to quarterly revision. This calculator uses the current rate of 7.1%. Actual returns may vary if the rate changes over your investment period.