PPF Calculator Online

PPF Calculator Online: Calculate Maturity Value & Returns

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PPF Calculator

Use this PPF Calculator to estimate the maturity value of your Public Provident Fund account based on your yearly investment amount and investment period. The calculator uses the current PPF interest rate of 7.1% per annum and shows your total investment, interest earned, and projected maturity amount through detailed year-wise calculations.

Please enter an amount between Rs 500 and Rs 1,50,000. This is the yearly limit set by the PPF scheme.
7.1% p.a.
This is the current government-declared PPF rate, reviewed every quarter. It is fixed and cannot be edited.
Total Invested
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Total Interest
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Maturity Value
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Year Opening Balance Yearly Deposit Interest Earned Closing Balance

This calculator assumes the full yearly deposit is made at the start of each financial year (on or before 5th April) and interest is compounded annually. Actual returns may vary slightly based on your deposit dates during the year and any change in the government-declared interest rate.

What Is PPF?

PPF stands for Public Provident Fund. It is a long-term savings scheme run by the Government of India. Anyone can open a PPF account at a bank or post office. The government fixes the interest rate every quarter, and your money grows completely safe from market risk.

Why People Choose PPF

PPF gives three tax benefits together, known as EEE status. Your yearly deposit up to Rs 1.5 lakh gets a deduction under Section 80C. The interest you earn every year is tax-free. The full maturity amount you receive after 15 years is also tax-free. No other common savings option gives all three benefits at once.

How This Calculator Works

Move the sliders or type your numbers directly. Set your yearly investment amount, the interest rate, and the number of years you plan to invest. The calculator shows your total invested amount, the total interest you earn, and the final maturity value. Click the button to see the full year-by-year breakdown of your account.

PPF Rules You Should Know

A PPF account has a lock-in period of 15 financial years. You can deposit as little as Rs 500 or as much as Rs 1.5 lakh in a year, in up to 12 installments. Deposit before the 5th of the month to earn interest for that month, since interest is calculated on the lowest balance between the 5th and the last day of each month.

You can take a loan against your PPF balance between the 3rd and 6th year. Partial withdrawals are allowed from the 7th year onwards. After the full 15-year term, you can withdraw everything or extend your account in blocks of 5 years, with or without making further deposits.

Frequently Asked Questions

Q. What is the current PPF interest rate? Ans. The PPF interest rate is 7.1% per annum, unchanged since April 2020. The government reviews this rate every quarter, so it can change in future quarters, though it has stayed the same for over five years.
Q. How much will I get if I invest Rs 1.5 lakh every year in PPF for 15 years? Ans. At the current rate of 7.1%, investing the maximum Rs 1.5 lakh every year for 15 years gives a maturity value of approximately Rs 40.68 lakh. This includes your total investment of Rs 22.5 lakh plus around Rs 18.18 lakh in interest.
Q. Can I withdraw money from my PPF account before 15 years? Ans. Partial withdrawal is allowed from the 7th financial year onwards, limited to 50% of your balance at the end of the 4th preceding year or the preceding year, whichever is lower. Full premature closure is allowed only after 5 years, and only for serious illness, higher education, or a change in residency status, with a 1% interest penalty.
Q. Is PPF interest taxable? Ans. No. PPF has EEE (Exempt-Exempt-Exempt) tax status. Your deposit qualifies for a deduction under Section 80C, the yearly interest is completely tax-free, and the final maturity amount is also tax-free.
Q. What happens after my PPF account completes 15 years? Ans. You can withdraw the entire balance, or extend the account in blocks of 5 years. You can choose to extend with fresh yearly deposits or without making any further deposits while the existing balance continues to earn interest.
Q. Can I take a loan against my PPF account? Ans. Yes, between the 3rd and 6th financial year of opening the account. The loan amount can go up to 25% of the balance at the end of the 2nd preceding year. The loan interest rate is 1% above the applicable PPF rate, and it must be repaid within 36 months.
Q. What is the minimum and maximum amount I can deposit in PPF each year? Ans. The minimum deposit is Rs 500 per year and the maximum is Rs 1.5 lakh per year. You can deposit this in up to 12 installments during the year, or as a single lump sum.
Q. What happens if I miss a yearly deposit? Ans. Your account becomes dormant. To reactivate it, you need to pay a penalty of Rs 50 for each year the account remained dormant, along with the minimum deposit of Rs 500 for each missed year.
Q. Can I open more than one PPF account? Ans. No, an individual can hold only one PPF account in their own name. However, a parent or guardian can open a separate PPF account on behalf of a minor child.

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