PPF Calculator
Calculate your Public Provident Fund returns and plan your long-term savings. Estimate maturity amount, interest earned, and make informed investment decisions.
About PPF Calculator
The PPF Calculator helps you estimate returns on your Public Provident Fund investment. It considers factors like annual investment, investment period, and current interest rates to provide accurate projections. Use it to plan your long-term savings and achieve your financial goals.
Step 1: Enter Annual Investment
Input your planned annual PPF investment amount
Step 2: Set Investment Period
Choose your investment duration (minimum 15 years)
Step 3: View Results
Get detailed projections of maturity amount and interest earned
Step 4: Understand Compounding
See how your investment grows with compound interest over time
How to Use the Calculator
Step 1: Enter Annual Contribution
Enter how much you plan to deposit into PPF each year (maximum ₹1.5 lakh under current rules).
Step 2: Set the Interest Rate
Use the current PPF rate notified by the Government of India (shown as a default; adjust if you are modelling a past year).
Step 3: Choose Tenure
PPF has a 15-year lock-in. Extend in 5-year blocks after maturity if you want to model continued deposits.
Step 4: Review Maturity Value
See total deposits, interest earned and estimated maturity corpus. Results are planning estimates only.
PPF Guide for India — Limits, Tax & Worked Example
The Public Provident Fund is a 15-year government-backed savings scheme. Interest is set by the Government of India each quarter (use the current notified rate in the calculator; older projections should use the historical rate for that year). Contributions between ₹500 and ₹1.5 lakh per financial year are allowed. Interest is compounded annually; deposits after the 5th of a month typically earn interest from the following month — banks apply operational rules, so treat calculator output as an estimate.
Tax treatment (EEE): Eligible contribution can claim deduction under Section 80C (old tax regime, shared ₹1.5 lakh limit). Interest and maturity are tax-free under current rules for eligible accounts — confirm on the Income Tax portal for your assessment year.
Worked example: Deposit ₹1.5 lakh every year for 15 years at an assumed 7.1% p.a. Total deposits = ₹22.5 lakh. Approximate maturity ≈ ₹40–41 lakh depending on deposit timing. Use this calculator with your exact annual amount and the latest notified rate for a closer figure.
Extensions: After 15 years you can extend in 5-year blocks with or without fresh deposits. Model extensions by increasing tenure beyond 15 in planning scenarios, then verify with your bank/post office.
Published by HappyMynds / IFSCNOW Editorial. Compare with equity tax-savers in PPF vs ELSS.
Benefits
Tax Benefits
Enjoy tax deductions under Section 80C and tax-free returns
Safe Investment
Government-backed scheme with guaranteed returns
Long-term Growth
Compound interest helps grow your savings significantly
Regular Income
Option to extend account and receive regular interest
Loan Facility
Borrow against your PPF account after 3 years
Retirement Planning
Ideal for building a retirement corpus
Key Features
Frequently Asked Questions
What is PPF?
Public Provident Fund (PPF) is a long-term savings scheme offered by the Government of India. It offers attractive interest rates and tax benefits under Section 80C of the Income Tax Act.
How is PPF interest calculated?
PPF interest is calculated on the minimum balance between the 5th and last day of each month. The interest is compounded annually and credited at the end of each financial year.
What are the key features of PPF?
Key features include: 15-year lock-in period, tax-free returns, minimum investment of ₹500 per year, maximum investment of ₹1.5 lakh per year, and partial withdrawal allowed after 5 years.
Can I extend my PPF account?
Yes, you can extend your PPF account in blocks of 5 years after the initial 15-year period. You can make unlimited extensions, and the account continues to earn interest.
What are the tax benefits of PPF?
PPF offers triple tax benefits: 1) Investment up to ₹1.5 lakh is deductible under Section 80C, 2) Interest earned is tax-free, and 3) Maturity amount is completely tax-free.