PPF Calculator
See exactly what your Public Provident Fund will be worth. Enter your yearly investment, the interest rate and how long you'll stay invested, and this shows your maturity value, how much you put in, and how much of it is tax-free interest — India's most reliable long-term, tax-free savings tool.
How PPF works
- 15-year lock-in, extendable in 5-year blocks after maturity.
- ₹500 to ₹1.5 lakh per year — contributions above ₹1.5 lakh earn no interest.
- EEE tax status — the deposit qualifies for Section 80C, the interest is tax-free, and the maturity amount is tax-free. Very few instruments give all three.
- Rate reset quarterly by the government (recently ~7.1%), and interest compounds annually.
To maximise growth, deposit before the 5th of the month (interest is calculated on the lowest balance between the 5th and month-end), and ideally invest the full year's amount early in April.
Frequently asked questions
How is PPF maturity calculated?
Interest compounds annually. For a fixed yearly deposit over the tenure, the maturity is the future value of those deposits at the PPF rate — e.g. ₹1.5 lakh/year for 15 years at 7.1% ≈ ₹40.7 lakh (about ₹18.2 lakh of it interest).
What is the current PPF rate?
Set quarterly by the government, recently around 7.1%. It can change each quarter, so treat any projection as indicative.
What are the lock-in and limits?
15-year lock-in (extendable in 5-year blocks); ₹500 minimum and ₹1.5 lakh maximum per financial year. It's EEE — 80C deduction, tax-free interest, tax-free maturity.