PPF Calculator

Estimate your Public Provident Fund (PPF) maturity amount (Current rate: 7.1% p.a.).

₹1,50,000
₹500₹1,50,000
15Yr
15Yr50Yr

* Minimum lock-in is 15 years. Extensions available in blocks of 5 years. Interest rate fixed at 7.1% for calculation.

Total Investment
₹ 22,50,000
Total Interest
₹ 18,18,209
Maturity Value
₹ 40,68,209
Invested Amount
Est. Returns

Understanding the Public Provident Fund (PPF)

What is PPF?

The Public Provident Fund (PPF) is a popular long-term saving scheme backed by the Government of India. It offers a highly attractive combination of safety, reasonable returns, and massive tax benefits. It is widely considered one of the best debt instruments for retirement planning.

EEE Tax Benefit

PPF falls under the highly coveted EEE (Exempt-Exempt-Exempt) tax category. This means: 1. Your yearly investment (up to ₹1.5 Lakhs) is exempt from tax under Section 80C. 2. The interest you earn every year is completely tax-free. 3. The final maturity amount you withdraw after 15 years is absolutely tax-free.

Investment Limits and Rules

The minimum investment required to keep a PPF account active is just ₹500 per year, while the maximum investment allowed is ₹1,50,000 per financial year. The standard lock-in period is 15 years, but you can extend the account indefinitely in blocks of 5 years with or without making further deposits.

Frequently Asked Questions

Can I withdraw money from my PPF before 15 years?

Full withdrawal is only allowed after 15 years. However, partial withdrawals are permitted from the 7th financial year onwards for specific emergencies. You can also take a loan against your PPF balance between the 3rd and 6th year.

Is the PPF interest rate fixed?

No. While the calculator uses the current rate of 7.1%, the actual interest rate is reviewed and set by the Government of India every quarter. Historically, it has hovered between 7% and 8.5%.

When should I deposit money to maximize interest?

PPF interest is calculated on the lowest balance between the 5th day and the end of the month. Therefore, to maximize your interest, you should always make your deposits between the 1st and 4th day of the month.