📈 Investment
PPF Calculator
Calculate your Public Provident Fund (PPF) maturity amount with year-by-year balance breakdown. Uses the current government rate of 7.1% p.a., compounded annually.
PPF Details
₹500₹1.5 L
1%12%
15 yrs50 yrs
Minimum lock-in is 15 years. Can be extended in 5-year blocks indefinitely. Max yearly deposit: ₹1,50,000.
Maturity Amount
₹--
tax-free corpus
Total Invested--
Interest Earned--
Absolute Return--
Tax Saved (30% slab)--
Invested vs Interest
Invested
Interest
Formula
PPF Maturity = ∑ [P × (1+r)n-y+1] for y = 1 to n
P = Yearly deposit r = Annual rate ÷ 100 n = Total years y = Year of deposit
P = Yearly deposit r = Annual rate ÷ 100 n = Total years y = Year of deposit
PPF uses annual compounding. Interest is credited at the end of the financial year. Deposits made before 5th of each month earn interest for that month.
Year-wise PPF Balance
| Year | Deposit | Interest | Balance |
|---|
Frequently Asked Questions
PPF (Public Provident Fund) is a government-backed savings scheme offering guaranteed tax-free returns. It falls under EEE (Exempt-Exempt-Exempt) — contribution is tax-deductible under 80C, interest is tax-free, and maturity is tax-free.
Partial withdrawal (up to 50% of balance) is allowed from year 7 onwards. Premature closure is allowed from year 5 under specific conditions (medical, higher education). Full withdrawal is only at maturity (15 years).
The government sets PPF rates quarterly. The current rate is 7.1% p.a. (unchanged since April 2020). Historically it has ranged from 7.1% to 12%.