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PPF Calculator

Calculate Public Provident Fund maturity amount and returns

Recommended max: ₹1,50,000 per year (for tax benefits)
Minimum: 15 years (can be extended in 5-year blocks)
Current PPF Rate: 7.1% per annum (compounded yearly)
Maturity Amount
40,68,209
Total Invested22,50,000
Interest Earned18,18,209
Maturity Value40,68,209
Tax Benefits: Investment qualifies for deduction under Section 80C. Interest and maturity amount are tax-free.

About PPF Calculator

Public Provident Fund (PPF) is one of the most popular long-term savings schemes in India, backed by the Government of India. It offers attractive interest rates (currently 7.1% per annum) and complete tax exemption under EEE (Exempt-Exempt-Exempt) status. This means your investment, interest earned, and maturity amount are all tax-free. PPF is ideal for retirement planning and long-term wealth creation. You can invest a minimum of ₹500 and maximum of ₹1,50,000 per year. The lock-in period is 15 years, but you can extend it in blocks of 5 years. Partial withdrawals are allowed from the 7th year onwards, making it a flexible yet disciplined savings option for Indian investors.

PPF Calculation Formula

Maturity Amount = Σ (Annual Investment × (1 + r)^remaining years)

Where:

r = Annual Interest Rate (currently 7.1%)

Interest is compounded annually

Example Calculation

Scenario: Invest ₹1,50,000 yearly for 15 years at 7.1% interest

  • Yearly Investment: ₹1,50,000
  • Tenure: 15 years
  • Interest Rate: 7.1% per annum
  • Maturity Amount: ₹40,68,209
  • Total Investment: ₹22,50,000
  • Interest Earned: ₹18,18,209

Frequently Asked Questions

What is PPF (Public Provident Fund)?

PPF is a long-term savings scheme backed by the Government of India offering attractive interest rates and tax benefits under Section 80C.

What is the minimum and maximum investment in PPF?

Minimum: ₹500 per year, Maximum: ₹1,50,000 per year. You can deposit in lump sum or installments (max 12 per year).

What is the lock-in period for PPF?

PPF has a lock-in period of 15 years. Partial withdrawals are allowed from the 7th year onwards.

Is PPF interest taxable?

No, PPF offers EEE (Exempt-Exempt-Exempt) status. Investment, interest, and maturity amount are all tax-free.

Can I extend my PPF account after 15 years?

Yes, you can extend PPF in blocks of 5 years indefinitely after the initial 15-year period.