PPF Calculator

Free PPF calculator. Work out your Public Provident Fund maturity value, total investment and interest earned with a year-by-year table at the current PPF rate.

✓ Free ⚡ Instant 🔒 100% private
Investment details
Yearly investment
₹500₹1.5L
Maximum allowed under PPF rules is ₹1,50,000 per year.
Interest rate% p.a.
0%12%
Current PPF rate is 7.1% (set by the government, revised quarterly).
Time period yr
15 yrs50 yrs
PPF has a 15-year lock-in; you can extend in 5-year blocks.
Maturity value
Maturity amount₹0
Total invested
₹0
Interest earned
₹0
YearOpening balanceDepositInterestClosing balance

🔒 Calculated entirely in your browser — your figures are never sent to a server. PPF returns are tax-free, but the interest rate is set by the government and may change.

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Free PPF Calculator

This free online PPF calculator shows exactly how much your Public Provident Fund account will be worth at maturity. Enter your yearly deposit, the interest rate and the number of years, and instantly see your maturity value, total amount invested and the interest you’ll earn — along with a clear year-by-year growth table. It’s completely free and runs entirely in your browser.

How to use the PPF calculator

  1. Enter your yearly investment — any amount up to the ₹1,50,000 annual limit.
  2. Set the interest rate (the current PPF rate is 7.1% per year).
  3. Choose the time period in years (minimum 15 years due to the lock-in).
  4. Read your maturity amount, total invested and total interest earned.
  5. Scroll the year-by-year table to see how the balance grows each year.

What is PPF?

The Public Provident Fund (PPF) is a long-term, government-backed savings scheme in India that is popular for its safety and tax benefits. It has a 15-year lock-in period, after which you can withdraw the full balance or extend the account in blocks of five years. You can invest a minimum of ₹500 and a maximum of ₹1,50,000 per financial year. PPF enjoys EEE tax status, which means the amount you invest, the interest you earn and the maturity amount are all exempt from income tax.

The interest rate on PPF is set by the government and revised every quarter; it is currently around 7.1% per year and may change in future quarters. Interest is compounded annually. In simple terms, each year the interest is calculated on your opening balance plus that year’s deposit, using the formula interest = (opening balance + deposit) × rate, and this interest is added at the end of the year. Because the interest compounds, the balance grows faster in the later years — which is why staying invested for the full 15 years (or longer) makes such a big difference to your final maturity amount.

Frequently asked questions

How much will I get from PPF after 15 years?
It depends on your yearly deposit and the interest rate. Investing the maximum of ₹1,50,000 every year at 7.1% for 15 years grows to roughly ₹40.68 lakh at maturity. Use the calculator above to see the exact figure for your own deposit and rate.
What is the maximum I can invest in PPF each year?
You can invest up to ₹1,50,000 in a PPF account in a single financial year. The minimum is ₹500 per year. This calculator caps the yearly investment at the ₹1,50,000 limit.
Is PPF interest taxable?
No. PPF has EEE (exempt-exempt-exempt) tax status, so your contributions, the annual interest and the final maturity amount are all completely tax-free under current income tax rules.
How is PPF interest calculated?
PPF interest is compounded once a year. Each year the interest equals the opening balance plus that year's deposit multiplied by the rate, and it is added to the balance at the end of the year. The government sets and may revise the rate each quarter.
Can I withdraw PPF before 15 years?
Full withdrawal is only allowed after the 15-year lock-in. Limited partial withdrawals are permitted from the seventh year, and loans against the balance are available in the earlier years, subject to the scheme rules.
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