savings Calculator

PPF Calculator

Calculate maturity amount for Public Provident Fund (PPF). PPF is a government-backed, tax-free savings scheme with 15-year lock-in.

₹1,50,000
₹500₹1,50,000
%
115
years
1550

Results

Maturity Amount

₹0

Total Deposited

₹0

Total Interest Earned

₹0

How to Use PPF Calculator

  1. 1

    Enter yearly deposit (max ₹1.5 lakh)

  2. 2

    Current PPF rate is 7.1% (changes quarterly)

  3. 3

    Minimum tenure is 15 years

  4. 4

    View tax-free maturity amount

PPF Calculator Formula

FV = P × [(((1 + r)^n - 1) / r) × (1 + r)], where P = Yearly Deposit, r = Annual Rate, n = Years

Example Calculation

Input Values

Yearly Deposit

₹1,50,000

Interest Rate (Annual)

7.1 %

Investment Period

15 years

Results

Maturity Amount

₹40,71,990

Total Deposited

₹22,50,000

Total Interest Earned

₹18,21,990

Frequently Asked Questions

Is PPF interest taxable?

No, PPF interest and maturity amount are completely tax-free under Section 80C.

Can I withdraw from PPF before maturity?

Partial withdrawal is allowed from 7th year onwards. Premature closure is allowed only after 5 years under specific conditions.

Can I extend PPF after 15 years?

Yes, PPF can be extended in blocks of 5 years with or without fresh contributions.