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PPF Calculator - Public Provident Fund Calculator

Calculate your PPF maturity value, total interest earned, and year-wise balance projections with our comprehensive PPF calculator.

PPF Investment Details

₹500 ₹1,50,000
15 Years 50 Years
Minimum 15 years; can extend in blocks of 5 years
7.0% 9.0%
Current PPF rate: 7.1% (Q4 FY2023-24)

PPF Deposit Limit

Minimum: ₹500/year
Maximum: ₹1,50,000/year

Lock-in Period

15 years with option to extend in 5-year blocks indefinitely

Tax Benefits

Deduction under Section 80C. Interest and maturity amount are tax-free (EEE status)

PPF Maturity Results

Maturity Value ₹40,68,209
Total Investment ₹22,50,000
Total Interest Earned ₹18,18,209

Year-wise PPF Balance

Year Opening Balance Deposit Interest Earned Closing Balance

About Public Provident Fund (PPF)

What is PPF?

Public Provident Fund (PPF) is a long-term savings scheme backed by the Government of India. It offers attractive interest rates with complete safety and tax benefits, making it one of the best investment options for risk-averse investors.

Key Features

  • Lock-in Period: 15 years (extendable in 5-year blocks)
  • Interest Rate: 7.1% p.a. (revised quarterly)
  • Compounding: Annual compounding
  • Deposit Frequency: Monthly or lump sum (max 12 deposits/year)
  • Withdrawal: Partial withdrawals allowed after 6 years
  • Loan: Loan facility available from 3rd to 6th year

Tax Benefits

  • Section 80C: Investment up to ₹1.5 lakh eligible for tax deduction
  • Interest: Completely tax-free
  • Maturity Amount: Tax-free under EEE (Exempt-Exempt-Exempt) status
  • Triple Benefit: Investment, interest, and maturity all tax-exempt

Withdrawal Rules

  • Before 5 years: No withdrawals allowed (except in emergency)
  • After 6 years: Partial withdrawal of up to 50% of balance allowed once per year
  • After 15 years: Full withdrawal or continue with/without deposits
  • Extension: Can be extended indefinitely in 5-year blocks

Who Can Open?

  • Any Indian resident individual
  • Minor account (operated by parent/guardian)
  • NRIs cannot open new accounts (can continue existing ones till maturity)
  • One account per individual
  • Joint accounts not allowed

Investment Tips

  • Deposit before 5th of the month to earn interest for that month
  • Maximum 12 deposits per financial year
  • Deposit in early months of the year for better compounding
  • Consider extending beyond 15 years for continued tax-free returns
  • Ideal for long-term goals like retirement or children's education

PPF Interest Calculation

Interest is calculated on the lowest balance between the close of the 5th day and the last day of every month.

Interest = (Lowest Balance × Interest Rate) / 100

Compounding: Interest is credited to the account at the end of each financial year (31st March).