PPF Calculator
Calculate your Public Provident Fund maturity value and see year-by-year growth of your investment.
Total Deposited
₹22,50,000
Total Interest
₹18,18,208
Maturity Value
₹40,68,208
Growth Over Time
₹40,68,208
| Year | Deposited | Balance |
|---|---|---|
| 1 | ₹1,50,000 | ₹1,60,650 |
| 2 | ₹3,00,000 | ₹3,32,706 |
| 3 | ₹4,50,000 | ₹5,16,978 |
| 4 | ₹6,00,000 | ₹7,14,333 |
| 5 | ₹7,50,000 | ₹9,25,701 |
| 6 | ₹9,00,000 | ₹11,52,076 |
| 7 | ₹10,50,000 | ₹13,94,523 |
| 8 | ₹12,00,000 | ₹16,54,184 |
| 9 | ₹13,50,000 | ₹19,32,281 |
| 10 | ₹15,00,000 | ₹22,30,123 |
| 11 | ₹16,50,000 | ₹25,49,112 |
| 12 | ₹18,00,000 | ₹28,90,749 |
| 13 | ₹19,50,000 | ₹32,56,642 |
| 14 | ₹21,00,000 | ₹36,48,514 |
| 15 | ₹22,50,000 | ₹40,68,208 |
| Year | Deposit | Interest | Balance |
|---|---|---|---|
| 1 | ₹1,50,000 | ₹10,650 | ₹1,60,650 |
| 2 | ₹1,50,000 | ₹22,056 | ₹3,32,706 |
| 3 | ₹1,50,000 | ₹34,272 | ₹5,16,978 |
| 4 | ₹1,50,000 | ₹47,355 | ₹7,14,333 |
| 5 | ₹1,50,000 | ₹61,368 | ₹9,25,701 |
| 6 | ₹1,50,000 | ₹76,375 | ₹11,52,076 |
| 7 | ₹1,50,000 | ₹92,447 | ₹13,94,523 |
| 8 | ₹1,50,000 | ₹1,09,661 | ₹16,54,184 |
| 9 | ₹1,50,000 | ₹1,28,097 | ₹19,32,281 |
| 10 | ₹1,50,000 | ₹1,47,842 | ₹22,30,123 |
| 11 | ₹1,50,000 | ₹1,68,989 | ₹25,49,112 |
| 12 | ₹1,50,000 | ₹1,91,637 | ₹28,90,749 |
| 13 | ₹1,50,000 | ₹2,15,893 | ₹32,56,642 |
| 14 | ₹1,50,000 | ₹2,41,872 | ₹36,48,514 |
| 15 | ₹1,50,000 | ₹2,69,694 | ₹40,68,208 |
What is PPF?
The Public Provident Fund (PPF) is a government-backed long-term savings scheme in India. It offers guaranteed returns with sovereign safety, making it one of the most popular investment options for risk-averse investors. PPF accounts can be opened at any post office or designated bank.
Current PPF Interest Rate
The current PPF interest rate is 7.1% per annum, compounded annually. The rate is reviewed quarterly by the government but has remained at 7.1% since April 2020. Interest is calculated on the minimum balance between the 5th and the last day of each month.
PPF Tax Benefits (EEE Status)
PPF enjoys the rare Exempt-Exempt-Exempt (EEE) tax status:
- Investment up to ₹1.5 lakh/year qualifies for deduction under Section 80C
- Interest earned is completely tax-free
- Maturity amount is fully exempt from tax
FAQ: What is the PPF lock-in period?
PPF has a mandatory lock-in period of 15 years. Partial withdrawals are allowed from the 7th financial year onwards (up to 50% of the balance at the end of the 4th preceding year). Premature closure is only allowed after 5 years under specific conditions like serious illness or higher education.
FAQ: Can I extend my PPF account beyond 15 years?
Yes, you can extend your PPF account in blocks of 5 years after the initial 15-year maturity. You can extend with or without contributions. Extending with contributions lets you continue to invest up to ₹1.5 lakh/year and claim 80C benefits, while earning tax-free interest on the entire corpus.
FAQ: When should I deposit to maximize PPF interest?
Deposit before the 5th of every month to maximize interest. Since PPF interest is calculated on the minimum balance between the 5th and the last day of each month, depositing on or before April 5th ensures your contribution earns interest for that month. Investing the full ₹1.5 lakh in a lumpsum before April 5th gives the maximum returns.