Advanced PPF Calculator

Calculate your Public Provident Fund maturity amount with our comprehensive calculator. Get detailed year-wise breakdown and maximize your returns.

Current PPF Rate 7.1%

PPF Calculator

₹
Min ₹500 - Max ₹1.5 lakh per year
PPF maturity period is 15 years
%
Current rate: 7.1% (as of 2023)

About Public Provident Fund (PPF)

Key Features
  • Government-backed, risk-free investment
  • Current interest rate: 7.1% (compounded annually)
  • 15-year maturity period (extendable)
  • Minimum deposit: ₹500 per year
  • Maximum deposit: ₹1.5 lakh per year
Benefits
  • Tax benefits under Section 80C
  • Tax-free interest income
  • Tax-free maturity amount
  • Partial withdrawals allowed from 7th year
  • Loan facility available from 3rd to 6th year

Example PPF Calculations

Conservative Investor
  • Yearly Investment: ₹50,000
  • Tenure: 15 years
  • Interest Rate: 7.1%
  • Maturity Amount: ₹13.56 lakh
Aggressive Investor
  • Yearly Investment: ₹1.5 lakh
  • Tenure: 15 years
  • Interest Rate: 7.1%
  • Maturity Amount: ₹40.68 lakh

PPF FAQs

The minimum investment in a PPF account is ₹500 per financial year. You need to deposit this minimum amount to keep your account active.

You can deposit a maximum of ₹1.5 lakh in a financial year across all your PPF accounts. Deposits beyond this limit won't earn any interest.

Yes, you can extend your PPF account in blocks of 5 years after the initial 15-year maturity period. You can choose to extend with or without making further contributions.

No, the interest earned on PPF is completely tax-free. The maturity amount is also exempt from tax under Section 10 of the Income Tax Act.

PPF interest is calculated monthly but credited to your account at the end of the financial year (March 31). The interest is calculated on the lowest balance between the 5th and last day of each month.

PPF Investment Tips

  • Invest before the 5th of April to maximize interest for the year
  • Consider investing the maximum ₹1.5 lakh to get full tax benefits
  • Use PPF for long-term goals like retirement or child's education
  • Combine PPF with other Section 80C instruments for optimal tax planning
  • Nominate a family member to avoid complications later

PPF vs Other Options

Feature PPF FD NPS
Risk Risk-free Low risk Market risk
Tax Benefit EEE Taxable EET
Lock-in 15 years Flexible Till 60
Returns 7.1% 5-7% 8-10%
EEE = Exempt-Exempt-Exempt, EET = Exempt-Exempt-Taxable

How PPF Calculator Works

Input Your Details

Enter your yearly investment amount, investment period, and the current PPF interest rate.

Automatic Calculation

Our calculator uses the PPF formula to compute your maturity amount with compounding interest.

Detailed Results

Get a year-by-year breakdown of your investment growth and total returns.

PPF Calculation Formula

The PPF maturity amount is calculated using the formula for compound interest:

M = P × [(1 + r)^n - 1] / r

Where:
M = Maturity amount
P = Annual installment
r = Interest rate (7.1% or 0.071)
n = Number of years