PPF Calculator

Calculate PPF maturity value, total interest and a year-wise balance for 15 years and extensions.

What is the PPF Calculator?

The Public Provident Fund is a government-backed savings scheme with a 15-year lock-in, extendable in 5-year blocks. Deposits, interest and maturity are tax-free (EEE status).

How does it work?

Interest is calculated on the lowest balance between the 5th and the last day of each month and credited yearly. Depositing before 5 April earns interest for the full year, which this calculator assumes.

Formula

Balance_y = (Balance_(y−1) + Deposit) × (1 + r)

Example

Investing ₹1,50,000 every year for 15 years at 7.1% gives a maturity value of ₹40,68,209 on deposits of ₹22,50,000.

Frequently asked questions

What is the current PPF interest rate?

The rate is set by the government every quarter. Enter the latest notified rate; the default is 7.1%.

Can I withdraw early?

Partial withdrawals are allowed from the 7th financial year, and loans against PPF from the 3rd to 6th year, subject to limits.

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