Deposits
PPF Calculator
Public Provident Fund calculator
About the PPF calculator
Free PPF Calculator for Public Provident Fund maturity & returns. Plan 15-year PPF investment with tax benefits under Section 80C & wealth creation.
How the maths works
PPF Maturity Formula
A = P × [((1 + R)^N - 1) / R]- A
- Maturity amount
- P
- Annual contribution
- R
- Annual interest rate
- N
- Number of years (15 years minimum)
A worked example
PPF Investment Example
| Annual Contribution | ₹1,50,000 |
| Interest Rate | 7.1% per annum |
| Tenure | 15 years |
Maturity Amount: ₹40,68,209
How to use it
- Enter your annual PPF contribution
- Current PPF interest rate is auto-filled
- Specify investment period (minimum 15 years)
- Get maturity amount with tax benefits
What it accounts for
- Calculate PPF maturity amount
- Understand tax benefits
- Plan long-term wealth creation
- Analyze different contribution scenarios
- Track 15-year investment growth
Why it is worth working out
- Triple tax benefit (EEE status)
- Government-backed safety
- Attractive interest rates
- Long-term wealth creation
Questions people ask
What is the current PPF interest rate?
The rate is set quarterly by the Ministry of Finance and is currently 7.1% per annum, compounded annually. It applies to your whole balance, not just new deposits, so a revision changes what your existing corpus earns.
When during the year should I deposit?
Before the 5th of the month, and ideally the whole year's contribution before the 5th of April. Interest is calculated on the lowest balance between the 5th and the last day of each month, so a deposit made on the 6th earns nothing for that month. Depositing ₹1.5 lakh on 5 April rather than 31 March of the following year is worth several thousand rupees a year.
Can I withdraw from PPF before 15 years?
Partial withdrawal is allowed from the seventh year, capped at 50% of the balance at the end of the fourth preceding year. Loans are available between years three and six. Full premature closure is permitted only for serious illness, higher education, or a change of residence status, and costs 1% of interest across the life of the account.
Why is PPF called EEE?
Exempt at all three stages: the contribution is deductible within the section 80C limit of ₹1.5 lakh, the interest is not taxed as it accrues, and the maturity amount is tax-free. Very little else in Indian personal finance is. Note that the 80C deduction is only available under the old regime.
Read more on this
- Sukanya Samriddhi vs mutual funds for your daughter's education — SSY offers 8.2% guaranteed with EEE tax benefit and a 21-year lock-in. A SIP offers 12%+ historical returns with full liquidity. The right choice depends on when you need the money.
- PPF, ELSS and NPS — three tax savers that are not substitutes — They share a deduction section and almost nothing else. Lock-in, liquidity, taxation at exit and who they suit differ completely.
This calculator is for information and education. It is not financial advice — see the disclaimer.