Tax-Free Savings

PPF Calculator

Government-backed, tax-free savings with a 15-year lock-in. Calculate your PPF maturity value, interest earned, and year-by-year growth.

Max ₹1,50,000 per year

Current rate: 7.1% p.a.

Min 15 years (extendable in 5-yr blocks)

Total Invested

Interest Earned (Tax-Free)

Maturity Value

EEE Tax Benefit

Investment, interest & maturity — all tax-free

Contribution Split

Year-by-Year Breakdown

Year Yearly Deposit Interest Earned Closing Balance

Interest is calculated on the minimum balance between the 5th and last day of each month. Projection is simplified; actual values may vary.

What is a PPF Calculator?

A PPF (Public Provident Fund) calculator estimates the maturity value of your PPF account. By entering your yearly contribution, the current PPF interest rate (7.1% p.a.), and tenure, the calculator shows the total interest earned and the final corpus — all completely tax-free under the EEE (Exempt-Exempt-Exempt) framework.

PPF interest is compounded annually, with the rate notified quarterly by the government. The 15-year mandatory lock-in (extendable in 5-year blocks) makes PPF a disciplined, long-term wealth-creation instrument ideal for conservative investors and those in higher tax brackets seeking safe, guaranteed returns.

How to Use This PPF Calculator

  1. 1

    Enter your yearly contribution

    PPF allows ₹500 minimum and ₹1,50,000 maximum per year. Maximise at ₹1.5 lakh to get the full Section 80C deduction benefit.

  2. 2

    Set the interest rate

    The default 7.1% is the current government-notified rate. Test with 7–8% range to account for potential rate changes over the long horizon.

  3. 3

    Choose your tenure

    PPF has a 15-year minimum lock-in, extendable in 5-year blocks. The longer you extend, the more powerful the compounding on your growing balance.

  4. 4

    Review year-by-year growth

    The breakdown table shows your closing balance each year — useful for planning loan eligibility (from Year 3) and partial withdrawal eligibility (from Year 7).

Why Choose PPF for Long-Term Savings?

EEE Tax Benefit

Contributions qualify for 80C deduction, interest is tax-free, and the entire maturity amount is exempt — one of India's most tax-efficient savings instruments.

Government Guaranteed

PPF is backed by the Government of India — zero credit risk. Your principal and interest are fully safe regardless of market conditions or bank failures.

Loan & Withdrawal Facility

From Year 3, take a loan against your PPF balance. Partial withdrawals are allowed from Year 7 — useful for emergencies without breaking the account.

Attachment-Proof

PPF balances cannot be attached by courts or creditors — a safe haven especially for self-employed individuals and business owners.

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FAQs

Frequently asked questions

What is PPF and what is the current interest rate?

The Public Provident Fund (PPF) is a government-backed savings scheme with a 15-year lock-in. The interest rate is set quarterly by the government — currently 7.1% per annum (compounded annually). It falls under the EEE (Exempt-Exempt-Exempt) tax category.

Can I withdraw from PPF before maturity?

Partial withdrawals are allowed from the 7th financial year onwards, up to 50% of the balance at the end of the 4th preceding year. You can also take a loan against your PPF balance from the 3rd to 6th year.

Is PPF completely tax-free?

Yes. PPF enjoys EEE status — your contributions (up to ₹1.5 lakh/year) qualify for Section 80C deduction, the interest earned is tax-free, and the maturity amount is fully exempt from tax. It is one of the few truly tax-free instruments in India.

What is the maximum PPF investment per year?

The maximum deposit is ₹1.5 lakh per financial year and the minimum is ₹500. You can invest in a lump sum or up to 12 instalments per year. Deposits beyond ₹1.5 lakh do not earn interest and are not eligible for tax deduction.