Financial Calculator

PPF Calculator

Calculate your PPF maturity amount, annual interest, and total returns over 15 years.

Annual Investment (₹)

PPF Interest Rate (%)

Investment Duration (Years)

Maximum PPF investment is ₹1,50,000 per year as per government rules.

PPF investing tips

Invest before 5th April each year to earn interest for the full month - PPF interest is credited on the minimum balance between the 5th and last day of each month.
PPF contributions (up to ₹1.5L/year) qualify for deduction under Section 80C, reducing your taxable income - on top of the EEE (exempt-exempt-exempt) tax status.
Partial withdrawal is allowed from year 7 onwards (up to 50% of the balance at the end of the 4th preceding year) - useful for mid-term liquidity needs.
After 15 years, you can extend your PPF in 5-year blocks (with or without further contributions), continuing to earn tax-free interest on your corpus.

Why PPF remains India's favourite long-term saving instrument

Public Provident Fund (PPF) is a government-backed savings scheme that offers one of the few remaining EEE (Exempt-Exempt-Exempt) tax benefits in India - contributions are deductible, interest earned is tax-free, and the maturity amount is tax-free. This triple tax advantage, combined with a guaranteed (though periodically revised) interest rate and sovereign backing, makes PPF uniquely attractive for risk-averse, long-term savers.

The PPF interest rate is set by the government each quarter and has historically ranged from 7% to 12%. Since FY 2020-21, the rate has been held at 7.1%. The interest is compounded annually and credited at the end of each financial year. The minimum 15-year lock-in encourages disciplined, long-term saving that is difficult to replicate with more liquid instruments.

Frequently asked questions

What is PPF?

PPF (Public Provident Fund) is a long-term savings scheme backed by the Government of India, offering guaranteed interest (currently 7.1%), a 15-year lock-in, and complete EEE tax exemption. You can open a PPF account at any post office or designated bank. Minimum annual investment is ₹500 and maximum is ₹1,50,000 per financial year.

Is PPF interest taxable?

No. PPF enjoys EEE (Exempt-Exempt-Exempt) status: the amount deposited qualifies for 80C deduction (up to ₹1.5L), the interest earned each year is fully exempt from income tax, and the maturity proceeds (principal + interest) are also completely tax-free. This makes PPF one of the most tax-efficient savings instruments available in India.

Can I withdraw from PPF before 15 years?

Full withdrawal before maturity (15 years) is not allowed except in special cases (serious illness, higher education, change in residency status). However, partial withdrawals are permitted from the 7th financial year onwards - up to 50% of the balance at the end of the 4th year preceding the withdrawal year. Loans against PPF are also available from the 3rd to 6th financial year.