PPF Calculator
Estimate your Public Provident Fund maturity value over the 15-year lock-in, with tax-free EEE returns.
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How this PPF calculator works
Enter a yearly contribution (up to ₹1.5 lakh), the current PPF rate, and the period. The calculator assumes one deposit at the start of each year and compounds annually, then shows your tax-free maturity corpus.
Why PPF is a portfolio staple
PPF is one of the few EEE (exempt-exempt-exempt) instruments left in India — you save tax on the way in, the interest is tax-free, and so is the maturity. For conservative savers and the debt portion of a portfolio, that tax-free status makes its ~7% rate worth far more than a taxable 7% FD.
Make it a 25-year machine
After 15 years you can extend PPF in 5-year blocks indefinitely, with or without fresh contributions. Maxing ₹1.5 lakh a year for 25 years at 7.1% builds a corpus of roughly ₹1 crore — entirely tax-free.
Frequently Asked Questions
What is the current PPF interest rate?
The Public Provident Fund rate is set by the government every quarter. It has been 7.1% per annum (compounded annually) for several quarters. This calculator lets you set the rate; check the latest notified rate before relying on the result.
How much can I invest in PPF each year?
You can invest between ₹500 and ₹1.5 lakh per financial year, in a lump sum or up to 12 instalments. Deposits beyond ₹1.5 lakh earn no interest and get no tax benefit.
What is the PPF lock-in period?
PPF has a 15-year maturity (from the end of the financial year of the first deposit). You can extend in blocks of 5 years. Partial withdrawals are allowed from year 7, and loans from year 3.
Is PPF tax-free?
Yes — PPF enjoys EEE status: contributions qualify for Section 80C deduction (up to ₹1.5 lakh, old regime), the interest is tax-free, and the maturity amount is tax-free. This makes it one of the most attractive fixed-income options for conservative investors.
When should I deposit to maximise interest?
PPF interest is calculated on the lowest balance between the 5th and the last day of each month. To maximise interest, deposit before the 5th of the month — ideally the full year's amount before 5 April.
Disclaimer: This calculator produces illustrative estimates only. Actual returns vary and, unless stated otherwise, results exclude expense ratios, exit loads, transaction costs, and taxes. Assumed rates are inputs, not forecasts or assured returns. This is educational content, not personalized investment advice — see our full disclaimer.