PPF Calculator

Calculate your guaranteed, tax-free returns under the Public Provident Fund scheme.

₹
%
Yr
Total Invested₹22,50,000
Total Interest₹18,18,209
Maturity Value₹40,68,209
1.8xReturn
Invested
Interest

PPF Calculator – Public Provident Fund Interest & Maturity Calculator

The Public Provident Fund (PPF) is an iconic, government-backed long-term savings instrument in India offering guaranteed returns, sovereign safety, and coveted EEE (Exempt-Exempt-Exempt) tax status.

Our PPF Calculator computes your exact maturity balance, yearly accrued interest, and tax-free corpus across the mandatory 15-year tenure and subsequent 5-year extension blocks.

What is the Public Provident Fund (PPF)?

Introduced by the Ministry of Finance, the PPF scheme allows Indian residents to deposit between ₹500 and ₹1,50,000 per financial year.

Interest is determined by the Government of India quarterly (currently 7.1% p.a.) and is compounded annually. The scheme operates with a 15-year statutory lock-in, with unlimited 5-year extensions available.

Key Benefits of the PPF Scheme

Sovereign Guarantee: Zero credit risk as deposits and interest are backed by the Government of India.
Triple Tax Exemption (EEE): Contributions qualify for Section 80C deductions, accrued annual interest is completely tax-free, and maturity payouts are 100% exempt from income tax.
Immunity from Attachment: PPF account balances cannot be attached by any court decree or creditor claims under the PPF Act.

How is PPF Interest Calculated?

Interest is calculated monthly on the lowest balance between the 5th and the end of the month, but credited to the account on March 31st annually:

Calculation Formula
F = P × [ ( (1 + r)^t - 1 ) / r ] × (1 + r)
Parameters Definition
F:Final accumulated PPF corpus upon completion of 15 years.
P:Annual deposit made on or before the 5th of April (Max ₹1.5 Lakh).
r:Annual statutory interest rate (currently 7.1% p.a. or 0.071).
t:Tenure in years (minimum 15 years).
Illustration & Numerical Example

Maxing out PPF with ₹1,50,000 deposited every April for 15 years at 7.1% interest:

• Total Principal Deposited = ₹1,50,000 × 15 = ₹22,50,000
• Total Accrued Interest = ₹18,18,209
Guaranteed Tax-Free Maturity Corpus = ₹40,68,209.

How to Use the PPF Calculator

1

Enter your planned annual contribution (up to the ₹1,50,000 limit).

2

Verify the current statutory rate of interest (preset to 7.1%).

3

Select your duration: 15 years (statutory) or extend in 5-year increments up to 30 years.

4

Examine the breakdown showing cumulative deposits vs compound interest.

Frequently Asked Questions

What is the golden rule for making PPF deposits?
Always deposit your annual PPF contribution on or before the 5th of April each financial year. This ensures you earn interest on the full deposit for all 12 months of the year.
Can I take a loan or make partial withdrawals against my PPF?
Yes. Loans against PPF are permitted from the 3rd to the 6th financial year. Partial withdrawals are allowed from the 7th financial year onward under specific guidelines.

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