PPF Calculator

Calculating your PPF returns takes less than a minute:

1. Enter your annual investment amount (minimum ₹500, maximum ₹1,50,000 per year).
2. The current PPF interest rate is pre-filled, though you can adjust it if needed.
3. Select your investment tenure — PPF has a mandatory lock-in of 15 years, extendable in 5-year blocks.
4. Click Calculate to instantly see your total investment, interest earned, and maturity amount.

The calculator also shows a year-by-year breakdown of how your PPF corpus grows over the investment period.

PPF (Public Provident Fund) is a government-backed long-term savings scheme in India, offering guaranteed, tax-free returns. It is one of the most popular investment options among salaried and self-employed individuals due to its triple tax benefit — contributions are tax-deductible, returns are tax-free, and the maturity amount is also exempt from tax.

PPF accounts can be opened at any post office or authorized bank branch. The scheme has a mandatory lock-in period of 15 years, making it ideal for long-term financial goals like retirement planning or children's education.

PPF interest is calculated on the minimum balance between the 5th and last day of each month. This means depositing your annual PPF contribution before the 5th of April every year maximizes the interest earned for that financial year.

PPF Maturity Amount = P × [((1 + r)^n − 1) / r] × (1 + r)

Where:

• P = Annual investment amount
• r = Annual interest rate (in decimal form)
• n = Number of years

For example, if you invest ₹1,50,000 per year in PPF at 7.1% interest for 15 years, your total investment of ₹22,50,000 would grow to approximately ₹40,68,209 — a tax-free return of over ₹18 lakh.

PPF stands out from other investment options due to several unique features:

1. Triple Tax Benefit (EEE) — Contributions qualify for Section 80C deduction, interest earned is tax-free, and the maturity amount is fully exempt from tax.
2. Government Guarantee — Returns are guaranteed by the Government of India, making it one of the safest investment options available.
3. Loan Facility — You can take a loan against your PPF balance from the 3rd to 6th year of the account.
4. Partial Withdrawal — Partial withdrawals are allowed from the 7th year onwards, subject to conditions.
5. Extension Option — After the 15-year maturity, you can extend the account in 5-year blocks, with or without further contributions.

When comparing PPF with other popular tax-saving options:

• PPF vs ELSS — PPF offers guaranteed, tax-free returns with lower risk, while ELSS (Equity Linked Savings Scheme) offers potentially higher but market-linked returns with a shorter 3-year lock-in.
• PPF vs FD — PPF offers tax-free returns and Section 80C benefits, while FD interest is fully taxable, making PPF more tax-efficient for most investors.
• PPF vs NPS — PPF provides full tax-free maturity, while NPS has partial tax liability on withdrawal, though NPS offers additional deduction under Section 80CCD(1B).

Our calculator helps you plan your PPF investments smartly by allowing you to:

• Get instant, accurate projections of your PPF maturity amount
• See a year-by-year breakdown of your growing corpus
• Compare returns for different annual investment amounts
• Plan your long-term savings goals with confidence