✍Reviewed by CA Ramesh Iyer, CFP
The Public Provident Fund (PPF) is India's most popular long-term tax-saving investment scheme, backed by the Government of India. It offers a combination of tax-free returns, capital safety, and compound interest — making it ideal for retirement and long-term wealth creation.
Our free PPF Calculator helps you calculate your PPF maturity amount, year-wise balance, and total interest earned based on your annual contribution and the current PPF interest rate. Plan your 15-year PPF journey with clarity.
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PPF compounds annually. Balance = ∑[Yearly Deposit × (1 + r)remaining years]
Current rate: 7.1% p.a. (April 2026)
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Step-by-Step
Investing ₹1.5 lakh/year in PPF for 15 years at 7.1% gives a tax-free maturity of ₹38.24 lakhs.
Click any example to expand and see step-by-step workings. Use "▶ Load this example" to auto-fill the calculator.
PPF Interest Calculation: Interest is calculated monthly on the lowest balance between the 5th and last day of each month, but credited annually on 31st March.
Key Rule: To maximize interest, always deposit before the 5th of April each year.
Example: ₹1,50,000/year for 15 years at 7.1% p.a.:
Total Invested = ₹22,50,000 | Maturity Amount ≈ ₹40,68,209
Tax-Free Interest Earned ≈ ₹18,18,209
PPF enjoys the unique EEE (Exempt-Exempt-Exempt) tax status — making it one of the most tax-efficient investments in India:
| Annual Investment | Total Invested (15 Yrs) | Maturity Amount | Tax-Free Interest |
|---|---|---|---|
| ₹500 | ₹7,500 | ₹13,561 | ₹6,061 |
| ₹5,000 | ₹75,000 | ₹1,35,609 | ₹60,609 |
| ₹12,500 | ₹1,87,500 | ₹3,39,023 | ₹1,51,523 |
| ₹25,000 | ₹3,75,000 | ₹6,78,046 | ₹3,03,046 |
| ₹50,000 | ₹7,50,000 | ₹13,56,070 | ₹6,06,070 |
| ₹1,00,000 | ₹15,00,000 | ₹27,12,139 | ₹12,12,139 |
| ₹1,50,000 | ₹22,50,000 | ₹40,68,209 | ₹18,18,209 |
*Calculated at 7.1% p.a. with beginning-of-year deposits. Actual amounts vary with rate changes.
Year
wise Balance: See your PPF account balance grow year by year with interest breakup.
Extension Calculator
Calculate returns if you extend PPF by 5 or 10 years after the initial 15-year period.
Tax Savings Display
Shows how much income tax you save annually through Section 80C.
Early vs Late Deposit
Compare returns if you deposit in April vs March each year.
Free & Instant
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PPF (Public Provident Fund) is a government-backed savings-cum-tax-saving scheme in India. Any Indian resident can open a PPF account — including minors (opened by parents/guardians). NRIs cannot open new PPF accounts but can continue existing ones until maturity. One account per individual is allowed.
In-depth guides and tips for getting the most out of this tool.
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