PPF Calculator - Public Provident Fund Returns & Maturity Calculator
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PPF Calculator

Calculate your Public Provident Fund (PPF) returns with year-by-year projections. See how tax-free compounding builds your retirement corpus with government-backed security.

₹
₹500 ₹1,50,000 (Max)
%
5% 10%

Current PPF rate: 7.1% (Q1 FY 2025-26, set by Govt. of India quarterly)

Yr
15 Yr (Min) 50 Yr

PPF matures in 15 years. Can be extended in 5-year blocks indefinitely.

Maturity Amount (Tax-Free)

₹0

Total Invested

₹0

Total Interest

₹0

Year-by-Year PPF Balance Projection

Year Deposit (₹) Interest Earned (₹) Balance (₹)

Understanding PPF: India's Safest Tax-Free Investment

The Public Provident Fund (PPF) is a government-backed, long-term savings scheme that offers guaranteed returns with complete tax exemption under Section 80C of the Income Tax Act. With a 15-year lock-in period (extendable in 5-year blocks), PPF is the cornerstone of retirement planning for millions of Indians. Our PPF calculator above shows exactly how your annual contributions grow with compounded, tax-free interest.

How is PPF Interest Calculated?

PPF interest is calculated on the minimum balance between the 5th and last day of each month, and is credited to your account at the end of each financial year (March 31). The interest rate is set by the Government of India every quarter. The formula for annual compounding is:

Balance = Previous Balance + Annual Deposit + (Previous Balance + Annual Deposit) × Rate%
  • Annual Deposit: Minimum ₹500, maximum ₹1,50,000 per financial year
  • Interest Rate: Currently 7.1% p.a. (compounded annually, credited March 31)
  • Lock-in Period: 15 years (partial withdrawal allowed from 7th year)
  • Tax Benefit: EEE status — Exempt-Exempt-Exempt (deposit, interest, and maturity all tax-free)

PPF Rules Every Investor Should Know

1. Deposit Rules

You can deposit in lump sum or up to 12 installments per year. Deposits must be made before March 31 to earn interest for that financial year. The best strategy: deposit the full ₹1.5 lakh before April 5.

2. Loan & Withdrawal

You can take a loan against your PPF from the 3rd to 6th year. Partial withdrawals (up to 50% of balance) are allowed from the 7th year onwards. Complete withdrawal only at maturity (15 years).

3. Extension Options

After 15 years, you can extend your PPF in 5-year blocks — either with fresh contributions or without. Many investors keep their PPF active for 25-30 years to maximize the tax-free compounding effect.

PPF vs SIP vs FD: Which Should You Choose?

PPF offers guaranteed, tax-free returns (currently 7.1%) with zero risk — ideal for the conservative portion of your portfolio. Equity SIPs historically deliver 10-15% but carry market risk. Fixed Deposits offer liquidity but interest is fully taxable. A smart strategy: max out your PPF (₹1.5L/year) for the safe, tax-free base, then invest surplus in SIPs for growth. Use our SIP Calculator and FD Calculator to compare all three.