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.
Why use this PPF calculator
See the full 15-year picture
It compounds each year's deposit annually to project the exact maturity value and how much of it is tax-free interest.
Models real contribution habits
Test a steady maximum ₹1.5 lakh a year or a smaller regular amount to see how the corpus and interest change.
EEE clarity
Because PPF is exempt-exempt-exempt, the whole maturity amount is yours — the tool shows principal and interest split so the tax-free gain is obvious.
Common use cases
- Plan a tax-free retirement or education corpus under 80C
- Compare PPF against FD or SIP for your safe-money allocation
- See the effect of investing early each April vs late in the year
- Decide whether to extend the account in 5-year blocks after maturity
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.
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