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PPF Calculator

Calculate your Public Provident Fund maturity value. Current PPF rate: 7.1% p.a.

₹1,50,000

Maximum allowed: ₹1,50,000 per year

7.1% (Fixed)

PPF interest rate is set by the Government of India and revised quarterly. Current rate: 7.1% p.a., compounded annually.

15 yrs

Minimum lock-in: 15 years. Extendable in 5-year blocks.

Maturity Value

₹40.68 L

Total Invested₹22.50 L
Interest Earned₹18.18 L
Tax on MaturityZero (EEE)
Return Multiple1.81x
Open PPF with Our Guidance

What is a PPF Calculator?

A PPF (Public Provident Fund) calculator helps you estimate the maturity value of your PPF account based on your annual contribution. PPF is one of India's most trusted savings instruments — government-backed, completely tax-free, and offering guaranteed returns.

The formula used:

F = P × [{ (1 + i)^n – 1 } / i]

Where F = maturity amount, P = annual investment, i = interest rate (7.1%), n = number of years.

PPF — Key Features

PPF vs ELSS — Which Is Better?

PPF offers guaranteed returns with zero risk and full tax exemption. ELSS offers potentially higher returns (historically 12 to 15%) but with market risk and a 3-year lock-in. LTCG above ₹1.25L is taxed at 12.5% for ELSS. For conservative investors or as a debt component, PPF wins. For long-term wealth creation, ELSS combined with PPF gives the best of both worlds.

Frequently Asked Questions

What is the current PPF interest rate?+
The current PPF interest rate is 7.1% per annum, compounded annually. It is set by the Central Government and revised quarterly, though it has remained at 7.1% for an extended period.
What is the maximum I can invest in PPF per year?+
The maximum allowed is ₹1,50,000 per financial year. The minimum is ₹500 per year to keep the account active.
Can I withdraw from PPF before 15 years?+
Partial withdrawals are allowed from the 7th year onward — up to 50% of the balance at the end of the 4th year. Full premature closure is allowed only after 5 years in specific circumstances (serious illness, higher education).
Is PPF interest taxable?+
No. PPF qualifies for EEE (Exempt-Exempt-Exempt) status: the investment is deductible under 80C, interest earned is tax-free, and the maturity amount is fully tax-free.
Can I extend my PPF account beyond 15 years?+
Yes. After 15 years, you can extend in 5-year blocks — with or without further contributions. The corpus continues to earn interest during the extension.