PPF Calculator
Public Provident Fund (PPF) is India's most popular tax-saving investment. It's government-backed, completely tax-free (EEE), and offers a guaranteed return — making it the go-to choice for conservative long-term wealth creation.
EEE = Investment deductible under 80C + Interest tax-free + Maturity amount tax-free. No other instrument in India offers all three.
Current PPF Rate: 7.1% p.a. (Government-declared, tax-free under EEE — Exempt on investment, growth, and maturity.)
PPF Details
Max allowed: ₹1,50,000 per year (Section 80C)
Minimum lock-in: 15 years. Extensions in blocks of 5 years.
PPF Maturity Summary
- Maturity Amount
- ₹40.68 L
- Total Interest Earned
- ₹18.18 L
- Total Deposited
- ₹22.50 L
- Wealth Ratio
- 1.81×
Year-wise Statement
| Year | Opening | Deposit | Interest | Closing |
|---|---|---|---|---|
| 1 | ₹0 | ₹1,50,000 | ₹10,650 | ₹1.61 L |
| 2 | ₹1,60,650 | ₹1,50,000 | ₹22,056 | ₹3.33 L |
| 3 | ₹3,32,706 | ₹1,50,000 | ₹34,272 | ₹5.17 L |
| 4 | ₹5,16,978 | ₹1,50,000 | ₹47,355 | ₹7.14 L |
| 5 | ₹7,14,334 | ₹1,50,000 | ₹61,368 | ₹9.26 L |
| 6 | ₹9,25,701 | ₹1,50,000 | ₹76,375 | ₹11.52 L |
| 7 | ₹11,52,076 | ₹1,50,000 | ₹92,447 | ₹13.95 L |
| 8 | ₹13,94,524 | ₹1,50,000 | ₹1,09,661 | ₹16.54 L |
| 9 | ₹16,54,185 | ₹1,50,000 | ₹1,28,097 | ₹19.32 L |
| 10 | ₹19,32,282 | ₹1,50,000 | ₹1,47,842 | ₹22.30 L |
| 11 | ₹22,30,124 | ₹1,50,000 | ₹1,68,989 | ₹25.49 L |
| 12 | ₹25,49,113 | ₹1,50,000 | ₹1,91,637 | ₹28.91 L |
| 13 | ₹28,90,750 | ₹1,50,000 | ₹2,15,893 | ₹32.57 L |
| 14 | ₹32,56,643 | ₹1,50,000 | ₹2,41,872 | ₹36.49 L |
| 15 | ₹36,48,515 | ₹1,50,000 | ₹2,69,695 | ₹40.68 L |
Frequently Asked Questions
What is PPF?
Public Provident Fund (PPF) is a government-backed long-term savings scheme with a 15-year lock-in. It offers tax-free returns under the EEE (Exempt-Exempt-Exempt) category — investment, growth, and maturity are all tax-free.
What is the current PPF interest rate?
The current PPF interest rate is 7.1% per annum (as of Q1 FY2025). The government revises this quarterly, though it has been stable at 7.1% for several years.
Can I withdraw from PPF before 15 years?
Partial withdrawals are allowed from the 7th financial year (up to 50% of balance). Full premature closure is allowed in exceptional circumstances (medical emergencies, higher education) with a 1% interest penalty.
How much can I deposit in PPF per year?
Minimum ₹500 and maximum ₹1,50,000 per financial year. Deposits qualify for Section 80C deduction (up to ₹1.5L per year).
Can I extend my PPF account beyond 15 years?
Yes. After maturity, you can extend in blocks of 5 years — with or without further contributions. Extensions with contributions continue to earn interest.