PPF Calculator – Public Provident Fund Calculator
Estimate your PPF maturity value with year-by-year growth projections.
Maximum ₹1,50,000 per year
15 to 50 years
Total Invested
₹0
Interest Earned
₹0
Maturity Value
₹0
How Does the PPF Calculator Work?
The Public Provident Fund (PPF) is one of India's most popular long-term savings schemes, backed by the Government of India. It offers guaranteed, tax-free returns and qualifies for deductions under Section 80C of the Income Tax Act. The minimum lock-in period is 15 years, though you can extend it in blocks of five years up to a total of 50 years.
This PPF calculator uses the compound interest formula applied on an annual basis. Each year's deposit earns compound interest for every remaining year until maturity. For example, the deposit made in year one earns interest for all 15 years, while the deposit in year 15 earns interest for just one year. The formula for each year's contribution is: FV = P × (1 + r)n, where P is the annual deposit, r is the annual interest rate, and n is the number of years that deposit remains invested.
The current government-set interest rate is 7.1% per annum, compounded annually, and is revised every quarter. The maximum annual contribution is ₹1,50,000. Deposits can be made as a lump sum or in up to 12 monthly instalments. Interest earned and the maturity amount are fully exempt from income tax, making PPF an EEE (Exempt-Exempt-Exempt) instrument.
Use the chart above to visualise how your cumulative investment grows over time compared to the total corpus, including interest. Adjust the rate to model different scenarios and plan your long-term savings strategy effectively.
This calculator is for informational purposes only and does not constitute financial, tax, or investment advice. Consult a qualified professional before making any financial decisions. Results are estimates based on the inputs provided and may not reflect actual outcomes.
Frequently Asked Questions
What is PPF?
PPF (Public Provident Fund) is a long-term savings scheme backed by the Government of India. It offers guaranteed, tax-free returns and qualifies for deductions under Section 80C of the Income Tax Act.
What is the PPF interest rate?
The current PPF interest rate is 7.1% per annum, compounded annually. The rate is set by the Government of India and revised every quarter.
Can I withdraw PPF before maturity?
Partial withdrawals from PPF are allowed from the 7th financial year onwards. You can withdraw up to 50% of the balance at the end of the 4th preceding year or the year immediately preceding the year of withdrawal, whichever is lower.
What is the PPF lock-in period?
The PPF lock-in period is 15 years. After maturity, the account can be extended in blocks of 5 years indefinitely, with or without further contributions.