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PPF Calculator

EEE Tax Benefit

PPF Investment Details

₹500 (Min)₹1,50,000 (Max)

💡 Monthly: ₹12,500

6%9%

📊 Current PPF Rate: 7.1% (Q1 FY 2024-25)

years
15 years (Min)50 years

⏳ Can extend in blocks of 5 years after initial 15 years

Maturity Summary

Maturity Amount₹40,68,209
Deposited
Interest

Total Deposited

₹22,50,000

Total Interest

₹18,18,209

Maturity Amount

₹40,68,209

Tax Saved (80C)

₹6,75,000

What is PPF Calculator, and How Does it Help You

The Public Provident Fund (PPF) is one of India's most popular long-term savings schemes, offering attractive interest rates, tax deductions, and tax-free maturity payouts. Backed by the Government of India, PPF is a highly secure investment with a mandatory 15-year lock-in period, making it ideal for building retirement wealth.

The PPF Calculator helps you estimate the maturity value of your PPF account based on your annual contributions and the current interest rate. It details the tax benefits you receive under Section 80C.

EEE Tax Status Tracker

Calculate tax-free interest and tax-free maturity amounts under the Exempt-Exempt-Exempt status.

Extension Period Support

Project returns if you choose to extend your PPF account beyond 15 years in blocks of 5 years.

Flexible Contribution Intervals

Model yearly or monthly contributions to see how timing affects compounding.

How Does the PPF Calculator Work?

The calculator applies standard PPF compounding rules, calculating interest annually on the minimum balance between the 5th and last day of each month.

A = F * [((1 + r)^n - 1) / r]

A: Maturity amount of the PPF account
F: Annual contribution amount (minimum ₹500, maximum ₹1.5 Lakh)
r: Annual interest rate (currently 7.1% p.a., set by government)
n: Tenure of the PPF account (minimum 15 years)

If you invest ₹1,50,000 annually in PPF at the current interest rate of 7.1% p.a. for the mandatory 15-year tenure, the calculator computes: Maturity Value = ₹40,68,209. Your total contribution is ₹22,50,000, and the tax-free interest earned is ₹18,18,209.

How to Use PPF Calculator

Using the PPF Calculator is extremely simple and takes just a few seconds. Follow these steps:

1

Enter Annual Contribution

Input the amount you wish to deposit in PPF yearly (up to the limit of ₹1.5 lakh).

2

Review Pre-Configured Rates

The calculator uses the current government interest rate (7.1% p.a.) and 15-year lock-in.

3

Analyze Maturity Wealth

Instantly view the total maturity proceeds, interest accumulated, and Section 80C deductions.

Advantages of Using PPF Calculator

✓ Complete Sovereign Safety

Capital and interest are fully backed by the Central Government, ensuring zero default risk.

✓ EEE Tax Exemption

No tax on deposits (Sec 80C), no tax on interest earned, and no tax on maturity withdrawals.

✓ Long-Term Wealth Building

Generate a large tax-free corpus over 15 years, leveraging compound interest.

✓ Protection from Creditors

PPF balances cannot be attached by court order or creditors to pay debts, ensuring safety.

Frequently Asked Questions

PPF is a government-backed long-term savings scheme with 15-year tenure. It offers guaranteed returns at 7.1% interest (current rate), compounded annually. Key features: EEE tax status (exempt at all stages), minimum ₹500/year deposit, maximum ₹1.5 lakh/year, can be opened at post offices or banks.
EEE means Exempt-Exempt-Exempt: (1) Deposits up to ₹1.5L are exempt under Section 80C, (2) Interest earned is exempt from tax, (3) Maturity amount is completely tax-free. This makes PPF one of the most tax-efficient investment options in India.
The current PPF interest rate is 7.1% per annum (as of FY 2024-25). The rate is set by the government and revised quarterly. Interest is compounded annually at the end of each financial year (March 31). Historical rates have ranged from 7% to 12%.
Minimum: ₹500 per year (must deposit at least once yearly to keep account active). Maximum: ₹1,50,000 per year (deposits above this don't earn interest and are returned). You can deposit in lumpsum or up to 12 installments per year.
Partial withdrawal is allowed from 7th financial year onwards (after completing 5 years). You can withdraw up to 50% of balance at the end of 4th year or previous year, whichever is lower. Premature closure is allowed only for medical emergencies or higher education after 5 years.
Yes, loan facility is available from 3rd to 6th financial year of the PPF account. Maximum loan: 25% of balance at the end of 2nd preceding year. Interest rate: 1% above PPF rate. Loan must be repaid within 36 months. No loan after partial withdrawal starts.
At maturity you have 3 options: (1) Withdraw full amount tax-free, (2) Extend by 5 years with contributions (continue deposits up to ₹1.5L/year), (3) Extend by 5 years without contributions (existing balance earns interest). Extensions can be done multiple times.
PPF interest is calculated on the lowest balance between 5th and end of each month. Formula: Interest = (Lowest balance × Rate) / 12, calculated monthly but credited annually on March 31. To maximize interest, deposit before 5th of the month, ideally in April first week for full year.
NRIs cannot open new PPF accounts. Existing accounts opened when resident can be continued until maturity (15 years) but cannot be extended. Interest continues to be credited. After maturity, account must be closed. Some banks may apply different rules.
PPF is better for: Long-term goals (15+ years), tax savings, risk-free guaranteed returns. FD is better for: Short-term goals, flexibility in tenure, partial withdrawal ease. PPF offers ~7.1% tax-free vs FD ~7% taxable (effective ~5% after tax for 30% bracket).
Yes, you can open PPF for minor child. But there's a combined limit - total deposits in your account + child's account cannot exceed ₹1.5 lakh per year. When child turns 18, they can operate the account independently. Only one PPF account allowed per person.
If you don't deposit minimum ₹500 in a year: (1) Account becomes inactive/discontinued, (2) To revive: pay ₹500 per year for missed years + ₹50 penalty per year, (3) Balance continues to earn interest even in inactive account, (4) Revival must be done before maturity.