PPF Calculator
The Public Provident Fund (PPF) is a government-backed, tax-free savings scheme with a 15-year lock-in. Enter your yearly contribution to see how much your PPF account will be worth at maturity.
How to Use This PPF Calculator
- Enter the amount you invest per year (₹500 minimum to ₹1.5 lakh maximum).
- Check the current PPF interest rate (pre-filled, editable).
- Tap Calculate to see maturity value and total interest earned.
Formula
PPF grows by yearly compounding: each year's balance earns interest at the notified rate, and contributions up to ₹1.5 lakh per year qualify for Section 80C deduction.
Example: Investing ₹1,50,000 per year at 7.1% for 15 years grows to roughly ₹40.7 lakh — of which about ₹18.2 lakh is tax-free interest.
Frequently Asked Questions
▶ What is the PPF lock-in period?
PPF has a 15-year maturity. After that, you can extend the account in 5-year blocks with or without fresh contributions.
▶ Is PPF interest tax-free?
Yes — PPF enjoys EEE (exempt-exempt-exempt) status. The investment qualifies for 80C deduction, and both interest and maturity amount are completely tax-free.
▶ Can I withdraw from PPF before 15 years?
Partial withdrawals are allowed from the 7th year onward, subject to limits. Loans against PPF are available between the 3rd and 6th year.
▶ What is the minimum and maximum PPF investment?
You must invest at least ₹500 per year to keep the account active. The maximum eligible amount is ₹1.5 lakh per financial year.
