PPF Calculator
A PPF calculator is a free online tool that computes the maturity value of your Public Provident Fund investment — including the tax-free interest earned over 15+ years.
Min ₹500 · Max ₹1,50,000 per year
Minimum 15 years
Year-wise Growth
| Year | Deposited | Value | Interest |
|---|---|---|---|
| Year 1 | ₹1,50,000 | ₹1,60,650 | ₹10,650 |
| Year 2 | ₹3,00,000 | ₹3,32,706 | ₹32,706 |
| Year 3 | ₹4,50,000 | ₹5,16,978 | ₹66,978 |
| Year 4 | ₹6,00,000 | ₹7,14,334 | ₹1,14,334 |
| Year 5 | ₹7,50,000 | ₹9,25,701 | ₹1,75,701 |
| Year 6 | ₹9,00,000 | ₹11,52,076 | ₹2,52,076 |
| Year 7 | ₹10,50,000 | ₹13,94,524 | ₹3,44,524 |
| Year 8 | ₹12,00,000 | ₹16,54,185 | ₹4,54,185 |
| Year 9 | ₹13,50,000 | ₹19,32,282 | ₹5,82,282 |
| Year 10 | ₹15,00,000 | ₹22,30,124 | ₹7,30,124 |
| Year 11 | ₹16,50,000 | ₹25,49,113 | ₹8,99,113 |
| Year 12 | ₹18,00,000 | ₹28,90,750 | ₹10,90,750 |
| Year 13 | ₹19,50,000 | ₹32,56,643 | ₹13,06,643 |
| Year 14 | ₹21,00,000 | ₹36,48,515 | ₹15,48,515 |
| Year 15 | ₹22,50,000 | ₹40,68,209 | ₹18,18,209 |
EEE Tax Benefit: Contribution, interest, and maturity are all tax-free. This makes PPF one of India's best long-term savings instruments.
*Tax saved is an approximation based on 30% slab. Consult a CA for exact figures.
How to use PPF Calculator
- Enter yearly deposit — Type the amount you'll deposit each year (min ₹500, max ₹1.5 lakh).
- Choose tenure — PPF has a 15-year lock-in. Optional extensions available.
- See maturity — View total investment, tax-free interest, and maturity amount.
- Compare scenarios — Try different deposit amounts to plan your PPF savings.
Key features
- 15-year maturity calculation
- Optional extension (5-year blocks)
- Tax-free interest display
- Year-wise growth table
- Partial withdrawal planning
- Current PPF rate (7.1%)
What is Public Provident Fund?
PPF is a government-backed savings scheme launched in 1968 to encourage long-term savings and provide retirement security. It offers guaranteed returns (currently 7.1%), tax benefits under Section 80C, and fully tax-free maturity. The 15-year lock-in makes it ideal for retirement planning and long-term goals. Interest rates are reviewed quarterly by the government but have historically been stable.
The EEE Tax Advantage
PPF is one of the few EEE investments in India: Exempt on contribution (up to ₹1.5 lakh under 80C), Exempt on interest, and Exempt on maturity. This triple tax benefit makes PPF one of the most tax-efficient investments. For someone in the 30% tax bracket, the after-tax return of PPF effectively equals 10% — higher than most debt instruments.
How PPF Interest Compounds
PPF interest is calculated on the minimum balance between the 5th and last day of each month, and compounded annually. This means: (1) deposit before the 5th of the month to earn interest for that month, (2) deposit early in the year (April) for maximum annual interest. A ₹1.5 lakh yearly deposit at 7.1% for 15 years grows to about ₹40.7 lakh — of which ₹18.2 lakh is tax-free interest.
PPF Extension & Partial Withdrawal
After 15 years, you can extend PPF in 5-year blocks — with or without fresh contributions. Extensions without contributions continue earning interest on the balance. Partial withdrawals are allowed from year 7 onwards (up to 50% of balance). This makes PPF flexible despite the long lock-in. It's excellent for goals like children's education (withdraw at year 12-15) or your own retirement.
Pro tips
- Deposit before 5th of every month to earn that month's interest
- Invest the full ₹1.5 lakh in April for maximum yearly interest
- Open PPF for children too — separate ₹1.5 lakh limit each
- PPF is EEE — no better tax-saving instrument exists
Common use cases
- Long-term retirement planning
- Children's education fund
- Tax saving under Section 80C
- Building a tax-free corpus
- Safe fixed-income investment
Frequently asked questions
What is PPF?+
PPF (Public Provident Fund) is a government-backed long-term savings scheme with tax-free returns and a 15-year lock-in.
What's the current PPF rate?+
As of 2026, PPF offers 7.1% per annum, compounded annually.
How much can I deposit in PPF?+
Minimum ₹500 per year, maximum ₹1.5 lakh per year.
Is PPF tax-free?+
Yes — PPF is EEE (Exempt-Exempt-Exempt). Contributions qualify for 80C deduction, interest is tax-free, and maturity is tax-free.
Can I extend PPF after 15 years?+
Yes — extend in 5-year blocks indefinitely with or without fresh contributions.
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