PPF Calculator

Calculate tax-free returns from the Public Provident Fund scheme.

Yearly Investment (Rs.)Rs. 1,50,000
Min: Rs. 500Max: Rs. 1.5 Lakhs
Time Period15 Years
Standard Lock-in is 15 Years. Extendable in blocks of 5 years.
Current Interest Rate7.1% p.a.
Fixed by Govt of India.
Total InvestmentRs. 22,50,000
Interest Earned Tax FreeRs. 18,18,209
Maturity AmountRs. 40,68,209

Corpus Breakdown

Total Invested
Earned Interest

What is a Public Provident Fund (PPF)?

The Public Provident Fund (PPF) is a popular long-term investment scheme offered by the Government of India with sovereign guarantee. PPF falls under the Exempt-Exempt-Exempt (EEE) category — your deposit, interest earned, and maturity amount are all completely tax-free.

PPF Compound Interest Formula

F = P [((1+i)^n-1)/i]
Where F is the maturity amount, P is the annual installment, n is the number of years (typically 15), and i is the interest rate (currently 7.1%).

Important:PPF interest rate is determined by the Ministry of Finance every quarter. Maximum investment is Rs. 1,50,000 per year.

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Frequently Asked Questions — PPF Calculator

What is the current PPF interest rate?

The current PPF interest rate is 7.1% per annum, as set by the Ministry of Finance for the ongoing quarter. This rate is reviewed and potentially revised every quarter.

Is PPF completely tax-free?

Yes, PPF enjoys EEE (Exempt-Exempt-Exempt) tax status. Your investment (up to Rs. 1.5 lakhs under Section 80C), the interest earned, and the maturity amount are all completely tax-free.

Can I withdraw from PPF before 15 years?

Partial withdrawal is allowed from the 7th financial year onwards. You can withdraw up to 50% of the balance at the end of the 4th year or the preceding year, whichever is lower. Complete premature closure is only allowed in specific cases.

Can I extend my PPF account after 15 years?

Yes, PPF accounts can be extended in blocks of 5 years after the initial 15-year maturity. You can extend with or without further contributions, and the balance continues to earn interest.