PPF Calculator
Estimate your Public Provident Fund maturity value over the 15-year lock-in. EEE tax-free. Free.
Assumes the deposit and rate stay constant every year — real PPF rates are revised quarterly. Extendable in 5-year blocks after 15 years.
PPF Calculator
A PPF (Public Provident Fund) calculator computes the maturity value of annual contributions over PPF's mandatory 15-year lock-in, compounded annually at the government-notified PPF rate.
Annual compounding over 15 years: each year's contribution (capped at the statutory annual limit) earns interest for the remaining years until maturity, compounded yearly at the notified PPF rate.
Input: ₹1,50,000/year (the maximum) for the full 15-year lock-in at ~7.1% annual rate
Result: Maturity value ≈ ₹40.68 lakh (₹22.5 lakh contributed, ≈₹18.18 lakh in interest)
Is PPF interest taxable?
No — PPF is an EEE (Exempt-Exempt-Exempt) instrument: contributions qualify for 80C deduction, interest earned is tax-free, and maturity proceeds are tax-free too.
Can I withdraw from PPF before 15 years?
Partial withdrawal is allowed from the 7th year onward under specific conditions; full withdrawal before 15 years is only permitted in limited cases like medical emergencies.
PPF Calculator: how it works
A PPF calculator projects the balance of a Public Provident Fund account, where yearly deposits compound annually at the government-declared rate over a 15-year lock-in.
Formula
Each year: balance = (balance + deposit) × (1 + r), iterated across the term.