Savings

PPF Calculator

Project your Public Provident Fund maturity at the current 7.1% rate.

Deposit plan

Max ₹1.5 L per FY

Notified quarterly by MoF

Lock-in 15 yrs, extendable in 5-yr blocks

Maturity value

₹40,68,209

after 15 years, EEE tax status

Total invested
₹22,50,000
Interest earned
₹18,18,209

Compounded annually. Deposit before 5th of month for full-month interest.

Invested vs interest

  • Invested
  • Interest

Total: ₹40.68 L

Year-by-year growth

Formula

How the math works

Balance year k = (Balance k−1 + Deposit) × (1 + r)
Deposit
Yearly contribution (max ₹1.5 L)
r
Annual rate (currently 7.1%)
Years
15 base + optional 5-year extensions
Method

How it works

  1. 1

    Enter your yearly PPF deposit (min ₹500, max ₹1.5 L).

  2. 2

    Choose the current rate — 7.1% for Q3 FY 2024-25.

  3. 3

    Set total years — default 15 (lock-in) or extend by blocks of 5.

  4. 4

    CalcPe compounds annually and shows the maturity value.

Worked example

A quick walkthrough

Inputs

₹1,50,000/year for 15 years at 7.1%.

Steps

  • Deposit at start of each year
  • Compound annually
  • Total invested = ₹22.5 L

Result

Maturity ≈ ₹40.68 L · interest earned ≈ ₹18.18 L (fully tax-free).

Why use it

Why CalcPe’s PPF Calculator

  • EEE — deposit, interest and maturity all tax-free.
  • Sovereign-guaranteed by Government of India.
  • Qualifies for 80C deduction up to ₹1.5 L in the old regime.
  • Loan and partial withdrawal facilities from year 3 & 7 onward.
FAQ

Frequently asked questions

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