Calculate Your PPF Maturity
Note: Current PPF interest rate is 7.1% p.a. (Q4 2024-25). Minimum deposit: ₹500/year, Maximum: ₹1.5 lakh/year. Lock-in period: 15 years. Fully exempt under EEE (Exempt-Exempt-Exempt) tax status.
Your PPF Summary
₹2,71,214
Amount you'll receive after 15 years
₹1,50,000
Total contributions over 15 years
₹1,21,214
Interest earned at 7.1% p.a.
Investment Breakdown
The Public Provident Fund (PPF) is one of India's most popular long-term savings schemes backed by the Government of India. With guaranteed returns, complete tax exemption, and the safety of sovereign backing, PPF is the ideal investment for building a secure financial future.
Our PPF Calculator helps you instantly calculate your maturity amount based on your yearly investment, tenure, and the current interest rate. Whether you're a student planning for higher education, a professional saving for retirement, or a parent securing your child's future—PPF offers the perfect combination of safety and returns.
With the current interest rate of 7.1% per annum (compounded annually), tax-free returns under EEE status, and flexible deposit options (₹500 to ₹1.5 lakh per year), PPF remains one of the best tax-saving investment options in India under Section 80C.
What is PPF (Public Provident Fund)?
Public Provident Fund (PPF) is a government-backed savings scheme that offers guaranteed returns with complete tax benefits. It was introduced in 1968 to mobilize small savings and provide retirement income to self-employed individuals and workers in the unorganized sector.
Key Features of PPF:
- Lock-in Period: 15 years (can be extended in blocks of 5 years)
- Minimum Deposit: ₹500 per year (12 deposits allowed per year)
- Maximum Deposit: ₹1.5 lakh per financial year
- Interest Rate: 7.1% p.a. (Q4 2024-25, revised quarterly by Govt)
- Tax Benefit: EEE status - Deposit, Interest, and Maturity all tax-free
- Loan Facility: Available from 3rd to 6th year
- Partial Withdrawal: Allowed after 5 years (up to 50% of balance)
PPF Example:
If you invest ₹1,00,000 per year for 15 years at 7.1% interest:
Invested Amount
₹15,00,000
Total Interest
₹11,76,571
Maturity Value
₹26,76,571
Benefits of Using PPF Calculator
Planning your PPF investments? Our calculator helps you understand your returns and plan better:
Instant Calculations
Get accurate maturity amount, interest earned, and returns within seconds for any investment amount.
Goal Planning
Plan for retirement, child's education, or wealth creation by adjusting investment amounts and tenure.
Tax Planning
Maximize Section 80C benefits by calculating optimal yearly deposits up to ₹1.5 lakh limit.
Compare Scenarios
Test different investment amounts and tenures to find the best strategy for your financial goals.
Extension Planning
Calculate returns if you extend PPF beyond 15 years to maximize long-term wealth creation.
Rate Updates
Calculate with current and historical interest rates to understand how rate changes impact returns.
💡 Pro Tip: Deposit the maximum ₹1.5 lakh before 5th April each year to claim full tax deduction and maximize interest earnings from day one!
PPF Calculator FAQs
1. What is the current PPF interest rate in 2025?
The current PPF interest rate is 7.1% per annum (Q4 2024-25). The government revises PPF rates quarterly. Interest is compounded annually.
2. What is the minimum and maximum deposit in PPF?
Minimum: ₹500 per year. Maximum: ₹1.5 lakh per financial year. You can make up to 12 deposits per year (monthly, quarterly, or lump sum).
3. Is PPF completely tax-free?
Yes! PPF has EEE (Exempt-Exempt-Exempt) status. Deposits qualify for deduction under Section 80C (up to ₹1.5L), interest earned is tax-free, and maturity amount is completely tax-free.
4. Can I withdraw from PPF before 15 years?
Partial withdrawal is allowed from the 7th year onwards (up to 50% of balance at end of 4th year). Premature closure allowed only in specific cases like medical emergency or higher education.
5. Where can I open a PPF account?
You can open PPF account at: Post Offices (all branches), Public Sector Banks (SBI, PNB, etc.), Private Banks (ICICI, HDFC, Axis - selected branches), and Online (through bank's net banking).
6. Can I have multiple PPF accounts?
No, an individual can have only ONE PPF account in their name. However, you can open a PPF account for your minor child (in addition to your own account).
7. What happens after 15 years maturity?
After 15 years: (1) Withdraw fully with all interest, (2) Extend without deposits - continue earning interest, or (3) Extend with deposits - keep contributing for another 5 years (blocks of 5 years).
8. Can students open PPF accounts?
Yes! Any Indian resident can open PPF account, including students. Parents can also open PPF for minor children. It's an excellent way to build long-term savings and learn about investments.
9. Is PPF better than FD or other investments?
PPF offers: Higher post-tax returns than FD (interest taxable in FD), Government guarantee, Complete tax exemption, and Lock-in discipline. Best for long-term, safe, tax-free wealth creation.
10. What if I don't deposit minimum ₹500 in a year?
If minimum ₹500 is not deposited, the account becomes inactive. You need to pay ₹50 penalty per year + deposit ₹500 to reactivate. No interest earned during inactive period.
Smart Tips for PPF Investors
Deposit early in the year: Interest is calculated on the lowest balance between 5th and end of month. Depositing by 5th April maximizes interest for the whole year.
Invest maximum ₹1.5 lakh: Maximizes tax saving under 80C and compound interest benefits. Even if you can't invest full amount initially, increase gradually.
Start early, stay consistent: PPF rewards long-term discipline. Starting at 25 vs 35 can mean lakhs more at retirement due to power of compounding.
Consider extension after 15 years: If you don't need money, extending PPF keeps earning tax-free interest—better than moving to taxable FDs.
Open for your child: Parents can open PPF for minor children. Great way to build corpus for their higher education or marriage.
Track interest rate changes: Government revises PPF rates quarterly. Higher rates mean better returns, but PPF remains stable compared to market investments.
For students: Start PPF early! Even ₹500/month habit builds to ₹10+ lakhs by the time you're 30, completely tax-free and risk-free.