PPF Calculator India

How the PPF Calculator India works

PPF has a 15-year lock-in that you can extend in blocks of 5 years. You can deposit from ₹500 to ₹1.5 lakh a year, and interest is compounded yearly.

The government sets the PPF rate every quarter. The examples here assume 7.1%, the rate PPF has paid for several years; check the current rate before planning.

PPF is EEE: deposits qualify under Section 80C in the old regime, and both the interest and the maturity amount are tax-free.

Formula

A = P × [((1 + i)^n − 1) ÷ i] × (1 + i)

• P = yearly deposit (made at the start of each year)
• i = yearly interest rate (as a decimal)
• n = number of years

Worked example: ₹1,50,000 a year for 15 years at 7.1%

1. Total invested = ₹22,50,000.
2. Maturity value = ₹40,68,209, so interest = ₹18,18,209, all tax-free.

Tips

• Deposit before the 5th of the month (ideally by 5 April) so that money earns interest for the month.
• Partial withdrawals are allowed from year 7; loans against PPF from year 3.
• PPF suits the safe, tax-free part of a long-term plan; pair it with equity for growth.

Want to know if your whole plan is on track? Get your free money score in about two minutes. No PAN, no Aadhaar.

About the PPF Calculator India

Free PPF (Public Provident Fund) calculator for India. Project the 15-year maturity of yearly deposits, the interest earned and your 80C tax saving.

Frequently asked questions

What is PPF?

The Public Provident Fund is a 15-year government savings scheme with tax-free interest and maturity. You can deposit ₹500 to ₹1.5 lakh a year.

What is PPF calculator?

A PPF calculator estimates maturity value of Public Provident Fund contributions over the 15-year tenure.

Is PPF interest fixed?

PPF interest is set by the government and can change over time; calculators use an assumed rate for planning.