PPF Calculator
PPF Calculator
Project your public provident fund wealth returns easily
Quick answer
A PPF calculator estimates your Public Provident Fund maturity value with F = P × [(1 + i)n − 1] ÷ i × (1 + i), where P is the yearly deposit, i the interest rate and n the years. At the current PPF rate of 7.1% (October to December 2026 quarter), investing the maximum ₹1,50,000 a year for 15 years grows to about ₹40,68,209: ₹22,50,000 invested plus ₹18,18,209 in tax-free interest.
Our free PPF calculator shows how much your Public Provident Fund account will be worth at maturity. Enter your yearly deposit, the interest rate and the time period (15 years or with 5-year extensions), and the PPF calculator gives you the maturity value, the total amount you invested and the interest earned.
PPF is one of India's most popular long-term, government-backed savings schemes. This calculator helps you plan deposits, compare extensions and see the power of tax-free compounding. Everything runs in your browser.
What Is PPF?
The Public Provident Fund (PPF) is a savings scheme backed by the Government of India. It offers a fixed interest rate set every quarter by the government, a 15-year lock-in and attractive tax benefits. You can open an account at a post office or most major banks. Read more about the Public Provident Fund.
| Feature | Details |
|---|---|
| Current interest rate | 7.1% a year (October to December 2026 quarter) |
| Minimum deposit | ₹500 a year |
| Maximum deposit | ₹1,50,000 a year |
| Lock-in period | 15 years, extendable in blocks of 5 years |
| Compounding | Yearly, credited at the end of the financial year |
| Tax status | EEE: deposits deductible under Section 80C (old regime), interest and maturity tax-free |
F = P × [(1 + i)n − 1] ÷ i × (1 + i)
P = yearly deposit, i = annual rate ÷ 100, n = number of years. This assumes you deposit at the start of each year.
How to Use the PPF Calculator
Follow these five quick steps:
Step 1: Select Your Currency
India (INR - ₹) is selected by default. You can switch currency if you want to model a similar long-term savings plan elsewhere.
Step 2: Enter Your Yearly Deposit
Type how much you will deposit each financial year in Annual Investment Amount, between ₹500 and ₹1,50,000. For example, 150000.
Step 3: Enter the Rate and Time Period
Enter the current rate of 7.1% and choose 15 Years (Standard Lock-in), or 20, 25 or 30 years if you plan to extend.
Step 4: Click Calculate PPF Growth
Press Calculate PPF Growth. The PPF calculator compounds your deposits year by year.
Step 5: Read Your PPF Maturity Value
You will see the Total Estimated Maturity Wealth, the Total Invested Capital and the Total Interest Earned.
PPF Calculation Example
- Inputs: ₹1,50,000 every year for 15 years at 7.1%.
- Growth factor: [(1.071)15 − 1] ÷ 0.071 × 1.071 ≈ 27.12.
- Maturity value: ₹1,50,000 × 27.12 ≈ ₹40,68,209.
- Total invested: ₹1,50,000 × 15 = ₹22,50,000.
- Tax-free interest: about ₹18,18,209.
PPF Calculator Examples at 7.1%
| Yearly deposit | Period | Total invested | Interest earned | Maturity value |
|---|---|---|---|---|
| ₹12,000 | 15 years | ₹1,80,000 | ₹1,45,457 | ₹3,25,457 |
| ₹50,000 | 15 years | ₹7,50,000 | ₹6,06,070 | ₹13,56,070 |
| ₹1,00,000 | 15 years | ₹15,00,000 | ₹12,12,139 | ₹27,12,139 |
| ₹1,50,000 | 15 years | ₹22,50,000 | ₹18,18,209 | ₹40,68,209 |
| ₹1,50,000 | 20 years | ₹30,00,000 | ₹36,58,288 | ₹66,58,288 |
| ₹1,50,000 | 25 years | ₹37,50,000 | ₹65,58,015 | ₹1,03,08,015 |
Extending your account from 15 to 25 years with the maximum deposit more than doubles the maturity value, because the later years earn interest on a much larger balance.
PPF Rules You Should Know
- Deposit before the 5th: interest is calculated on the lowest balance between the 5th and the end of each month, so deposit early in the month, ideally by 5 April for a full year.
- Partial withdrawals: allowed from the 7th financial year, subject to limits.
- Loans: available against your PPF balance from the 3rd to the 6th financial year.
- Extensions: after 15 years you can extend in 5-year blocks, with or without new deposits.
- Rate changes: the government reviews the rate every quarter, so long-term projections are estimates.
PPF vs FD vs SIP
- PPF: government-backed, tax-free returns, 15-year lock-in.
- Fixed deposit: flexible terms but interest is taxable. Compare with our FD Calculator.
- Equity SIP: higher potential returns with market risk. Try our SIP Calculator.
Who Should Use a PPF Calculator?
Salaried employees use a PPF calculator to plan tax-saving deposits each year. Parents use a PPF calculator to build a safe fund for a child's higher education, and conservative investors use it to plan a guaranteed retirement corpus. Because this PPF calculator supports extensions, you can see the benefit of staying invested beyond 15 years.
Disclaimer
This PPF calculator assumes a constant rate and deposits at the start of each year. The actual PPF rate is revised quarterly and tax rules can change. Please check the latest rules with your bank or post office. This is not financial advice.
Frequently Asked Questions
What is the current PPF interest rate?
The PPF interest rate is 7.1% a year for the October to December 2026 quarter. The government reviews it every quarter.
How much will I get if I invest ₹1.5 lakh a year in PPF for 15 years?
At 7.1%, with deposits at the start of each year, you would receive about ₹40,68,209 at maturity, including about ₹18,18,209 in tax-free interest.
Is PPF interest taxable?
No. PPF has EEE status: eligible deposits qualify for a deduction under Section 80C in the old tax regime, and both the interest and the maturity amount are tax-free.
Can I extend my PPF account after 15 years?
Yes. You can extend it in blocks of 5 years, either continuing to deposit or without further deposits. The PPF calculator shows results for 20, 25 and 30 years.
What is the minimum and maximum PPF deposit?
You must deposit at least ₹500 and can deposit up to ₹1,50,000 in each financial year.
Is the PPF calculator free?
Yes. It is free, needs no sign-up and works on phones, tablets and computers.