Financial Calculators
PPF Calculator
Government-backed, tax-free and 15 years long. See what disciplined PPF deposits build.
- Total invested
- ₹22,50,000
- Interest earned
- ₹18,18,209
- Maturity value
- ₹40,68,209
PPF has a 15-year term, extendable in 5-year blocks. The interest rate is notified by the government each quarter; confirm the current rate and enter it above. Deposits assumed at the start of each year.
The quiet workhorse of Indian saving
The Public Provident Fund pairs sovereign safety with EEE tax treatment: the deposit qualifies under Section 80C, and both interest and maturity are tax-free. The price of these privileges is patience, a 15-year term with limited early access, extendable in 5-year blocks.
The interest rate is notified by the government each quarter, which is exactly why this calculator asks you to enter the current rate rather than hiding an assumption. Deposits made early in the financial year earn interest for the full year, a small habit worth lakhs over the term.
How the calculation works
Each year: balance = (balance + yearly deposit) x (1 + rate)\nDeposit assumed at the start of the year, interest compounded annuallyWorked example: Rs 1,50,000 deposited yearly for 15 years at 7.1% grows to about Rs 40,68,209 at maturity, of which Rs 22,50,000 is your deposits and about Rs 18,18,209 is tax-free interest.
Frequently asked questions
Is PPF better than an ELSS fund?
They answer different needs. PPF gives certainty and tax-free maturity at a notified rate; ELSS offers equity growth potential with a 3-year lock but market risk. Many investors sensibly hold both within their 80C limit.
Can I withdraw before 15 years?
Partial withdrawals and loans are permitted from specified years under scheme rules, and premature closure is allowed only for specific reasons. Treat PPF as genuinely long-term money.
What happens after 15 years?
You can withdraw fully, or extend in 5-year blocks with or without fresh deposits, letting the tax-free compounding continue.
Is the maturity value shown guaranteed?
It is accurate for the rate you enter, but the notified rate changes quarterly over a 15-year term, so the actual maturity will differ. Confirm the current rate before planning.
Where does PPF fit in your plan?
We combine PPF's certainty with mutual fund growth so every rupee has the right job.