PPF Calculator
Calculate your Public Provident Fund maturity value, interest earned & year-wise growth.
PPF Calculator
Maturity Value
₹0
Total Interest
₹0
Total Invested
₹0
Year-wise PPF Growth
| Year | Deposit | Interest | Balance |
|---|
Maturity by Tenure
See how maturity value grows with extended tenure (₹1.5L/year @ 7.1%)
| Tenure | Total Invested | Interest Earned | Maturity Value |
|---|
How PPF Returns are Calculated
The Public Provident Fund (PPF) is a long-term savings scheme backed by the Government of India. It offers attractive interest rates, tax benefits under Section 80C, and guaranteed returns. Interest is compounded annually, and the current rate is reviewed by the government every quarter.
PPF Calculation Formula
M = P × [((1 + i)^n - 1) / i]
- M = Maturity Value
- P = Yearly Investment (fixed)
- i = Annual Interest Rate / 100
- n = Number of Years
Example Calculation
For a yearly investment of ₹1,50,000 at 7.1% p.a. for 15 years:
• Yearly Investment: ₹1,50,000
• Total Invested: ₹22,50,000 (₹1.5L × 15)
• Total Interest Earned: ₹18,18,209
→ Maturity Value = ₹40,68,209
Tax Benefits of PPF (EEE Status)
Investment up to ₹1.5L deductible under Section 80C
Interest earned every year is completely tax-free
Maturity amount is fully exempt from income tax
Key PPF Rules You Should Know
- 1 Minimum/Maximum Investment: You must invest a minimum of ₹500 and a maximum of ₹1,50,000 per financial year to keep the account active.
- 2 Lock-in Period: PPF has a 15-year lock-in from the year of account opening. Premature closure is allowed only in specific cases (medical emergencies, higher education).
- 3 Extension: After 15 years, you can extend the account in blocks of 5 years unlimited times. During extension, you can continue investing or just let the balance earn interest.
- 4 Partial Withdrawal: Allowed from the 7th financial year. Maximum withdrawal is 50% of the balance at the end of the 4th preceding year or the preceding year, whichever is lower.
- 5 Loan Facility: You can take a loan against your PPF balance between the 3rd and 6th financial year. Loan amount is up to 25% of the balance at the end of the 2nd preceding year.
PPF vs Other Tax-Saving Instruments
| Feature | PPF | ELSS | FD (5 Yr) | NPS |
|---|---|---|---|---|
| Tax Status | EEE | EET | EET | EET |
| Returns | 7.1% (Fixed) | 12-15% (Market) | 6.5-7.5% | 9-12% (Market) |
| Lock-in | 15 Years | 3 Years | 5 Years | Till 60 yrs |
| Risk | Zero (Sovereign) | Market Risk | Zero | Moderate |
| Max Invest | ₹1.5 Lakh/yr | No Limit | No Limit | No Limit |