PPF Calculator
Estimate the tax-free corpus you'll build with a Public Provident Fund.
Your PPF plan
India · tax-free under Section 80C
PPF allows ₹500 to ₹1.5 lakh per year.
The government revises the PPF rate every quarter (currently around 7.1%).
PPF has a 15-year lock-in, extendable in blocks of 5 years.
Maturity value
₹40.68L
₹40,68,209
The Public Provident Fund (PPF) is one of India's most popular long-term savings schemes. It offers government-backed safety, a tax-free return, and deductions under Section 80C. With a 15-year lock-in and yearly compounding, it rewards patient savers. This calculator projects your maturity amount.
How PPF returns are calculated
PPF interest is compounded annually on your yearly contributions. Because you contribute each year and interest is credited at year-end, the maturity value is the future value of a yearly annuity:
FV = A × [ (1 + r)ⁿ − 1 ] / r × (1 + r)
Where A is your yearly investment, r the annual rate (set by the government, around 7.1%), and n the number of years.
Frequently asked questions
Is PPF interest really tax-free?+
Yes. PPF enjoys EEE status — your contributions qualify for 80C deduction, the interest is tax-free, and the maturity amount is tax-free too. That's rare and valuable.
What is the current PPF interest rate?+
The government revises it every quarter. It has hovered around 7.1% recently. You can change the rate in the calculator to match the current figure.
Can I withdraw before 15 years?+
PPF has a 15-year lock-in. Partial withdrawals are allowed from the 7th year, and loans against the balance from the 3rd year, subject to rules.
What's the maximum I can invest?+
You can invest between ₹500 and ₹1.5 lakh per financial year in a PPF account.
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