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PPF Calculator

Calculate your Public Provident Fund corpus after 15 years. PPF offers tax-free returns under EEE status — exempt at investment, interest, and maturity stages.

PPF Details
Yearly Investment₹1,50,000
₹500₹1,50,000
Current PPF Rate7.1%
%
5%15%
Tenure15 Years
Yr
15 Yr (min)50 Yr
Your Result

Fill in the details and
your result appears here.

Maturity Amount
Total Invested
Interest Earned
Maturity Amount
80C Deduction (total)
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Did You Know?
Deposit before 5th of month
PPF interest is calculated on the lowest balance between the 5th and end of month. Depositing before the 5th earns interest on the new amount for that month.

How to use this calculator

1

Enter yearly contribution

Maximum ₹1,50,000 per year. Minimum ₹500.

2

Set PPF rate

Current government rate is 7.1% (revised quarterly).

3

Choose tenure

Minimum 15 years. Can extend in 5-year blocks after maturity.

The formula explained

PPF compounds annually at the end of each financial year:

Balance(n) = (Balance(n-1) + Yearly Deposit) × (1 + Rate/100)

PPF has EEE tax status — contributions up to ₹1.5L are deductible under Section 80C, interest is tax-free, and maturity amount is fully tax-free.

Frequently Asked Questions

What is the current PPF interest rate?

The PPF interest rate is set by the Government of India and revised quarterly. It has been 7.1% since April 2020. Check the RBI or India Post website for the latest rate.

Can I withdraw PPF before 15 years?

Partial withdrawal is allowed from Year 7 onwards — up to 50% of the balance at the end of Year 4 or Year preceding withdrawal, whichever is lower. Full premature closure is allowed after 5 years only for specific reasons.

Is PPF better than FD?

For long-term tax-free saving, PPF is generally better — returns are tax-free and contributions get 80C deduction. FD interest is fully taxable. But FD offers more flexibility.

How many PPF accounts can I have?

Only one PPF account per person. A second account opened is treated as irregular and earns no interest on excess deposits.

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