PPF Calculator India – Public Provident Fund Calculator

Calculate your PPF maturity amount and interest earned using the latest 7.1% interest rate rules.

Investment Plan

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Average Yearly Interest

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Monthly Equivalent

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Estimated Maturity Amount

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Total Investment

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Total Interest Earned

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Invested Amount Wealth Gain
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"This calculator assumes the current PPF interest rate of 7.1%. Actual returns may change if the government revises PPF interest rates."

PPF Year-wise Growth

Year Investment Added Interest Earned Total Balance

Example PPF Calculation

If you invest the maximum allowed limit of ₹1,50,000 annually in your PPF account for 15 years at 7.1%:

Annual Investment: ₹1,50,000

Investment Period: 15 Years

Total Principal Invested: ₹22,50,000

Total Interest: ₹18,18,209

Maturity Amount: ₹40,68,209

The calculation follows a simple step-by-step approach: Your previous year's balance and the current year's investment are summed up, and then 7.1% interest is applied to the total, which then compounds annually.

What is PPF (Public Provident Fund)?

The Public Provident Fund (PPF) is a popular government-backed savings-cum-tax-saving scheme in India. Established to provide long-term financial security, it offers a guaranteed fixed return and unmatched tax benefits.

Core Features

  • ✅ 15 Year Lock-in: Ensures long-term wealth discipline.
  • ✅ Safe Returns: Backed by the Government of India.
  • ✅ EEE Status: Exempt-Exempt-Exempt tax benefit.

Strategic Planning

PPF also provides tax deduction benefits under Section 80C. You can estimate your tax savings using our Income Tax Calculator. While PPF provides safety, for aggressive growth you can complement it with a SIP Calculator. For comparing safe returns, use our FD Calculator or CAGR Calculator.

PPF Rules in India

Minimum yearly investment ₹500
Maximum yearly investment ₹1,50,000
Lock-in period is 15 years
Can be extended in blocks of 5 years
Interest rate currently around 7.1%
Interest and Maturity are tax free
Eligible for Section 80C deduction

PPF Tax Benefits in India

Section 80C

Investments up to ₹1.5 Lakh per year are deductible from your taxable income under the Old Tax Regime.

Tax-Free Interest

Unlike bank FDs, the interest earned on your PPF balance is completely tax-free throughout the entire tenure.

Tax-Free Maturity

When you withdraw your corpus after 15 years, the entire amount is tax-free in your hands.

Frequently Asked Questions

What is the current PPF interest rate?
The current interest rate is 7.1% per annum. This is reviewed by the Ministry of Finance every quarter.
What is the lock-in period of PPF?
PPF has a mandatory lock-in period of 15 years. Partial withdrawals are permitted from the 7th financial year onwards under specific rules.
Can I extend PPF after 15 years?
Yes, you can extend it for a block of 5 years at a time. You can choose to extend with fresh investments or just let the existing corpus earn interest without new deposits.
Is PPF better than FD?
For long-term goals like retirement, PPF is generally superior to Fixed Deposits (FD) due to its tax-free interest and maturity status. Check out our FD Calculator to compare exact returns.