PPF Calculator
Calculate PPF maturity amount with year-by-year breakdown. See total investment, interest earned, and maturity value.
| Year | Deposit | Interest | Balance |
|---|---|---|---|
| 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 | ₹7,14,334 |
| 5 | ₹1,50,000 | ₹61,368 | ₹9,25,701 |
| 6 | ₹1,50,000 | ₹76,375 | ₹11,52,076 |
| 7 | ₹1,50,000 | ₹92,447 | ₹13,94,524 |
| 8 | ₹1,50,000 | ₹1,09,661 | ₹16,54,185 |
| 9 | ₹1,50,000 | ₹1,28,097 | ₹19,32,282 |
| 10 | ₹1,50,000 | ₹1,47,842 | ₹22,30,124 |
| 11 | ₹1,50,000 | ₹1,68,989 | ₹25,49,113 |
| 12 | ₹1,50,000 | ₹1,91,637 | ₹28,90,750 |
| 13 | ₹1,50,000 | ₹2,15,893 | ₹32,56,643 |
| 14 | ₹1,50,000 | ₹2,41,872 | ₹36,48,515 |
| 15 | ₹1,50,000 | ₹2,69,695 | ₹40,68,209 |
What is PPF Calculator?
A PPF (Public Provident Fund) calculator projects your maturity amount for India's most popular government-backed savings scheme. PPF offers guaranteed returns (currently 7.1% annually), tax-free interest, and an EEE (Exempt-Exempt-Exempt) tax benefit — contributions get Section 80C deduction, interest is tax-free, and maturity proceeds are tax-free. With a 15-year lock-in (extendable in 5-year blocks), PPF is designed for long-term wealth building with sovereign safety guarantee.
How It Works
Enter your annual contribution (₹500 minimum, ₹1.5 lakh maximum), the current interest rate, and tenure. The tool calculates year-by-year compound growth, since PPF interest is compounded annually. Each year's interest is calculated on the previous year's closing balance plus that year's contribution. The breakdown shows how much is your total investment versus earned interest, revealing the significant compounding effect over 15+ years. It also shows the tax savings from Section 80C deductions.
Common Use Cases
- •Planning annual PPF contributions to maximize the ₹1.5 lakh Section 80C limit
- •Projecting PPF maturity value for financial goal planning (home, education, retirement)
- •Comparing PPF returns with other fixed-income instruments like FDs and debt funds
- •Understanding the benefit of making contributions early in the financial year (before April 5)
- •Planning PPF account extension strategy after the initial 15-year maturity period
- •Calculating the effective post-tax return of PPF compared to taxable alternatives
Frequently Asked Questions
What is the current PPF interest rate?▼
The PPF interest rate is 7.1% per annum (as of FY2024-25), compounded annually.
What are the PPF contribution limits?▼
A minimum of ₹500 and a maximum of ₹1.5 lakh per financial year, across all accounts held in your name. Contributions above the cap earn no interest. Missing the minimum makes the account dormant until a small penalty and the arrears are paid.
How is PPF interest calculated within the year?▼
On the lowest balance between the 5th and the last day of each month, credited annually. Depositing before the 5th therefore earns interest for that month, and a lump sum paid before 5 April earns a full year. Paying late in March costs you nearly a year of interest.
What is the lock-in period and can I withdraw earlier?▼
The account matures after 15 full financial years from the year of opening. Partial withdrawal is permitted from the seventh year, subject to limits, and a loan against the balance is available between years three and six. Premature closure is allowed only in specific circumstances such as serious illness or higher education.
How is PPF taxed?▼
It has exempt-exempt-exempt status: contributions qualify for deduction under section 80C, the interest accrues tax-free and the maturity proceeds are tax-free. That combination is what makes the headline rate more attractive than it looks against a taxable deposit.
Can I extend the account after 15 years?▼
Yes, in blocks of five years, either with or without further contributions. Extending with contributions requires notifying the bank or post office within a year of maturity; extending without contributions happens by default and the balance continues to earn interest.
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