PPF Calculator
Calculate your Public Provident Fund maturity amount. Plan your long-term tax-free savings.
Investment Details
Enter your PPF investment details to calculate maturity amount
₹500 - ₹1,50,000
₹
15 Years
15 years (min)50 years
Current: 7.1%
%
Annual (Calculated monthly, credited yearly)
Calculation Results
Your estimated returns from PPF investment
Maturity Amount
₹27,12,139
Amount you'll receive after 15 years
Total Interest Earned
₹12,12,139
Total Amount Invested
₹15,00,000
₹1,00,000 × 15 years
Investment Summary
Yearly Deposit
₹1,00,000
Interest Rate
7.1% p.a.
Tenure
15 Years
Returns
80.8%
EEE Tax Status (Exempt-Exempt-Exempt)
Investment, interest & maturity all tax-free. Section 80C benefit up to ₹1,50,000.
How PPF Works
1
Invest Yearly
Deposit between Rs. 500 to Rs. 1,50,000 per year. You can make deposits
in lump sum or in up to 12 installments annually.
2
Earn Compound Interest
Interest is calculated monthly but credited annually on March 31st.
Your balance grows with the power of compounding.
3
Withdraw Tax-Free
After 15 years, receive your entire corpus completely tax-free.
PPF enjoys EEE (Exempt-Exempt-Exempt) status.
PPF Maturity Calculation Formula
F = P × [((1 + r)^n - 1) / r] × (1 + r)
Where F = Maturity value, P = Yearly contribution, r = Interest rate, n = Number of years.
This formula assumes deposits are made at the beginning of each year.
Benefits of Public Provident Fund
EEE Tax Status
PPF is one of the few investments with Exempt-Exempt-Exempt status.
Investment, interest, and maturity are all tax-free.
Section 80C Benefit
Investments up to Rs. 1,50,000 per year qualify for tax deduction
under Section 80C, reducing your taxable income.
Government Guaranteed
PPF is backed by the Government of India, making it one of the
safest long-term investment options available.
Power of Compounding
Over 15+ years, compound interest significantly multiplies your wealth.
The longer you stay invested, the better your returns.
Partial Withdrawal
Partial withdrawals are allowed from the 7th year onwards, subject to
limits, providing liquidity when needed.
Loan Against PPF
You can take a loan against your PPF balance from 3rd to 6th year
at just 1% above PPF interest rate.
Key Features of PPF
01
Current Interest Rate
7.1% per annum (revised quarterly by govt)
02
Lock-in Period
15 years (extendable in blocks of 5 years)
03
Investment Limits
Minimum: Rs. 500/year | Maximum: Rs. 1,50,000/year
04
Withdrawal Rules
Partial withdrawal from 7th year; 50% of balance limit
05
Interest Calculation
Calculated monthly on minimum balance between 5th and last day
06
Account Extension
Can extend indefinitely in 5-year blocks after maturity
Frequently Asked Questions
What is the best time to deposit in PPF?
Deposit before the 5th of each month to maximize interest. Interest is calculated
on minimum balance between 5th and end of month. Depositing a lump sum at the
start of the financial year gives maximum returns.
Can I close my PPF account early?
Premature closure is only allowed after 5 years under specific conditions like
critical illness of self/family or higher education. A penalty of 1% on interest
rate applies.
What happens if I don't deposit minimum Rs. 500?
If you fail to deposit the minimum Rs. 500 in a year, your account becomes dormant.
To reactivate, you need to pay Rs. 500 for each defaulted year plus a Rs. 50 penalty
per year.
Is PPF interest rate fixed for 15 years?
No, the PPF interest rate is reviewed and revised quarterly by the government.
Your returns will vary based on the prevailing rates during your investment period.