PPF Calculator

Calculate Public Provident Fund maturity amount with year-by-year projections.

PPF interest rate is set by the Government of India and may change quarterly. Current rate: 7.1% p.a. (FY 2024-25 Q4). Always check the latest rate before making decisions.

Investment Details

Yearly Investment

₹

₹500₹1,50,000

Time Period

years

15 years50 years

Interest Rate (p.a.)

5%10%

Adjust for inflation

Maturity Value

₹40,68,209

Total Invested₹22,50,000

Interest Earned₹18,18,209

Year-by-Year Breakdown

Year	Invested	Interest	Total Value
1	₹1,50,000	₹10,650	₹1,60,650
2	₹3,00,000	₹32,706	₹3,32,706
3	₹4,50,000	₹66,978	₹5,16,978
4	₹6,00,000	₹1,14,334	₹7,14,334
5	₹7,50,000	₹1,75,701	₹9,25,701

What is PPF?

PPF (Public Provident Fund) is a government-backed savings scheme in India that offers guaranteed returns with tax benefits. It's one of the safest long-term investment options available to Indian residents. The scheme is backed by the Government of India, making it virtually risk-free.

Key Features

Lock-in Period: 15 years minimum, with option to extend in 5-year blocks
Investment Limits: Minimum ₹500/year, Maximum ₹1,50,000/year
Tax Benefits: EEE status - contributions (up to ₹1.5L under 80C), interest, and maturity are all tax-free
Compounding: Interest compounded annually at end of financial year
Partial Withdrawal: Allowed from 7th year onwards under certain conditions
Loan Facility: Available from 3rd to 6th year against PPF balance

Why Invest in PPF?

PPF is ideal for conservative investors looking for guaranteed, tax-free returns. The 15-year lock-in makes it perfect for long-term goals like retirement or children's education. Since returns are government-guaranteed, there's zero market risk. The triple tax exemption (EEE) makes it one of the most tax-efficient instruments available.

Tip: To maximize PPF returns, invest before the 5th of each month. Interest is calculated on the lowest balance between the 5th and end of month, so early deposits earn more interest.

How PPF Calculator Works

This calculator uses the standard PPF compounding formula where interest is compounded annually at the end of each financial year. Enter your yearly investment amount, time period, and expected interest rate to see your maturity value.

Formula used:

Balance = (Previous Balance + Yearly Deposit) × (1 + r)

Where r = annual interest rate / 100. This formula is applied for each year of the investment period, assuming deposit at the start of the year.

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