What is the PPF Calculator?
The Public Provident Fund is one of India's most trusted long-term savings schemes — tax-free interest, government backing, and a 15-year tenure that turns modest yearly contributions into a substantial corpus. The FinanceDeck PPF Calculator projects the exact maturity value with the current interest rate.
PPF is a foundation piece of most middle-class portfolios in India. It offers the rare combination of EEE tax status (contribution deductible, interest tax-free, maturity tax-free) and sovereign safety. This tool helps you see just how powerful that combination is over 15+ years.
How does it work?
The calculator uses annual compounding on your yearly contribution, applied at the end of each year. Enter your annual contribution (up to the ₹1.5 lakh statutory maximum) and the prevailing PPF rate (7.1% at the time of writing).
Extend tenure in blocks of five years to see how compounding accelerates dramatically after year 15. The last five years typically add more corpus than the first ten combined — which is why keeping a PPF running until you actually need the money is so effective.
A = M × ((1 + r)^Y − 1) / r × (1 + r)Example
Invest the maximum ₹1,50,000 every year for 15 years at 7.1%.
Maturity is approximately ₹43.6 lakh — of which ₹22.5 lakh is your contribution and ₹21.1 lakh is tax-free interest. Extending to 25 years grows the corpus to over ₹1.03 crore.
Benefits
- ✓Tax-free at every stage (EEE status)
- ✓Government-backed — zero credit risk
- ✓Section 80C deduction on contribution (old regime)
- ✓Ideal for retirement and long-term goals
- ✓Extendable in 5-year blocks indefinitely
Frequently Asked Questions
What's the maximum I can invest?
₹1.5 lakh per financial year across all your PPF accounts (yours and minors under your guardianship).
Can I withdraw early?
Partial withdrawals are allowed from year 7. Full closure with penalty is possible from year 5 in specific cases.
Is PPF interest fully tax-free?
Yes — both the interest and the maturity value are exempt from income tax under Section 10.
PPF or ELSS — which is better?
PPF is safe and tax-free but returns 7–8%. ELSS averages 10–12% with market risk. Most balanced investors use both.
Related Calculators
Plan every goal in one place
Combine your loans, SIPs and savings inside the free FinanceDeck Planner.
Learn more in the Learning Center
Deep-dive guides that explain the concepts behind the PPF Calculator.