PPF Calculator
Project the maturity value and tax-free interest of your PPF account over its 15-year term.
About this calculator
The Public Provident Fund (PPF) is a government-backed, tax-free savings scheme with a 15-year lock-in. This free PPF calculator projects your maturity value and total interest based on a fixed yearly contribution and the current interest rate.
How it works
Each year's deposit is added to the balance and interest is compounded annually. Because PPF is EEE, the entire maturity amount — principal plus interest — is tax-free in your hands.
Worked example
Invest the maximum ₹1,50,000 a year for 15 years at 7.1% and you contribute ₹22,50,000, maturing to about ₹40,68,000 — roughly ₹18,18,000 of tax-free interest.
Comparing tax-saving options? The SIP calculator models mutual-fund growth, and the FD calculator covers fixed deposits.
Frequently asked questions
The PPF rate is set by the government each quarter and is 7.1% per annum at the time of writing. It is compounded annually. Update the field if the rate changes.
Between ₹500 and ₹1,50,000 per financial year. Contributions above ₹1.5 lakh earn no interest and get no tax benefit.
PPF has a 15-year maturity, extendable in blocks of 5 years. Partial withdrawals are allowed from the 7th year.
Yes — PPF is EEE (exempt-exempt-exempt): the investment qualifies under section 80C, and both the interest and the maturity amount are tax-free.
No. The calculation runs in your browser and nothing is uploaded.