- Invested amount
- Total interest
- Invested amount
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- Total interest
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- Maturity value
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Figures are estimates for planning only, not investment or tax advice.
The Public Provident Fund is a 15-year government-backed savings scheme with tax-free interest and a ₹1.5 lakh annual limit. This calculator compounds your yearly contribution at the current rate to show the maturity value.
How PPF interest is credited
Interest is calculated on the lowest balance between the 5th and the last day of each month, and credited once a year on 31 March. Depositing before the 5th of April therefore earns a full extra year of interest on that contribution — worth doing every year.
Tax treatment
PPF is EEE: the contribution qualifies under Section 80C, the interest is exempt, and the maturity amount is tax-free. That makes the headline rate worth considerably more than the same rate on a fixed deposit.
After 15 years
You can extend in blocks of 5 years, with or without further contributions. The calculator accepts any period from 15 years upwards so you can see what an extension is worth.
Frequently asked questions
What is the current PPF rate?
The rate is set quarterly by the Finance Ministry and has been 7.1% for several quarters. Change the rate field if it moves.
Can I withdraw early?
Partial withdrawal is allowed from the seventh year, and a loan against the balance from the third to the sixth year.
Can I open a PPF account for my child?
Yes, as a guardian — but the ₹1.5 lakh limit applies across your own and your minor child’s accounts combined.
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