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Min: $500/year | Max: $150.00K/year
1 deposit per year
Default Rate: 7.1% p.a.
Recommended: 15+ years for long-term wealth creation
A PPF Calculator (Public Provident Fund Calculator) is a free online tool that helps you calculate the maturity amount of your PPF investment. It shows you how much wealth you can accumulate through regular PPF deposits over 15 years or more, with completely tax-free returns.
PPF is a long-term savings scheme launched by the Government of India in 1968. It offers guaranteed returns with complete safety, tax-free interest, and EEE (Exempt-Exempt-Exempt) tax status. With a 15-year lock-in period (extendable in blocks of 5 years), PPF is ideal for retirement planning and long-term wealth creation.
100% safe investment backed by Government of India with sovereign guarantee
EEE status - deposits, interest, and maturity all completely tax-free
Fixed interest rate declared quarterly by government, currently 7.1% p.a.
Get tax deduction up to ₹1.5 lakh annually under Section 80C
Disciplined long-term savings with option to extend in 5-year blocks
Loan facility from 3rd-6th year, partial withdrawal after 7 years
PPF offers the best tax treatment - deposits get 80C deduction, interest is tax-free, and maturity amount is completely tax-free. This makes effective returns much higher than taxable instruments.
With 15-year minimum tenure and power of compounding, PPF is perfect for building retirement corpus. Tax-free returns and government backing ensure safe wealth accumulation.
Deposit monthly, quarterly, or annually as per your convenience. Minimum ₹500 makes it accessible to all income groups. Maximum ₹1.5 lakh allows substantial wealth creation.
PPF is a long-term savings scheme backed by the Government of India offering tax-free returns. It has a 15-year lock-in period, offers EEE (Exempt-Exempt-Exempt) tax status, and provides guaranteed returns with complete safety. Minimum deposit is ₹500/year and maximum is ₹1.5 lakh/year.
The current PPF interest rate is 7.1% per annum (Q4 FY 2024-25). The rate is reviewed quarterly by the Government of India and compounds annually. All interest earned is completely tax-free.
PPF offers triple tax benefits (EEE status): 1) Deposits qualify for Section 80C deduction up to ₹1.5 lakh, 2) Interest earned is completely tax-free, 3) Maturity amount is tax-free. At 30% tax bracket, you save ₹46,800 annually on maximum deposit.
PPF maturity is calculated using compound interest formula: M = P × [({(1 + r)^n} - 1) / r]. Where M is maturity amount, P is yearly deposit, r is interest rate (7.1%), and n is tenure (15 years minimum). Use our PPF calculator for instant accurate results.
Partial withdrawal is allowed after 7 years (up to 50% of balance). Loan facility available from 3rd to 6th year. Premature closure allowed only in specific cases like medical emergency or higher education. Full withdrawal without penalty after 15 years.
Minimum PPF deposit is ₹500 per year. Maximum deposit is ₹1,50,000 per year. You can deposit in lump sum or installments (maximum 12 deposits per year). Deposit by 5th of month to earn interest for full month.
PPF offers significant advantages for long-term wealth creation: 1) Completely tax-free returns (FD interest is fully taxable), 2) Section 80C deduction benefits up to ₹1.5 lakh, 3) Government-backed safety with sovereign guarantee, 4) Higher post-tax returns compared to FDs. However, PPF has a 15-year lock-in period, while FDs offer more liquidity and flexible tenures from 7 days to 10 years. Choose based on your investment horizon and liquidity needs.
No, NRIs cannot open new PPF accounts. However, if you opened PPF as resident Indian and later became NRI, you can continue the account till maturity without making new deposits. Interest will continue to accrue.
PPF interest is calculated on the lowest balance between 5th and last day of each month. Interest is credited annually on March 31st. Current rate is 7.1% p.a. compounded annually. To maximize interest, deposit before 5th of every month.
Yes, PPF can be extended in blocks of 5 years indefinitely. You can extend with or without deposits. With deposits: continue getting 80C benefits. Without deposits: only interest accrues. One withdrawal per year allowed during extension period.
If you don't deposit minimum ₹500 in a financial year, account becomes inactive (not closed). You can reactivate by paying ₹50 penalty per year of default plus minimum deposit for those years. Interest continues on existing balance.
PPF account can be opened at: 1) Any nationalized bank (SBI, PNB, BOB, etc.), 2) Post offices across India, 3) Some private banks (ICICI, HDFC, Axis). Required documents: PAN card, Aadhaar, address proof, and passport size photos.
Official PPF scheme details, interest rates, and policy updates
Visit Official Website →Our PPF calculator uses the official compound interest formula prescribed by the Government of India. The calculation follows the exact methodology used by banks and post offices: interest is computed on the lowest balance between the 5th and last day of each month, compounded annually, and credited on March 31st each year.
Formula: M = P × [((1 + r)^n - 1) / r] × (1 + r), where M = Maturity Amount, P = Annual Deposit, r = Interest Rate, n = Number of Years
Interest rates and PPF rules are sourced from official Government of India notifications, Ministry of Finance circulars, and Reserve Bank of India guidelines. The calculator is updated quarterly to reflect current interest rates (currently 7.1% p.a. for Q4 FY 2024-25).
This calculator provides estimates based on the inputs you provide and current government-notified interest rates. Actual returns may vary based on changes in interest rates, deposit timing, and government policy modifications. This tool is for informational and educational purposes only and should not be considered as financial, investment, or tax advice. Please consult with a qualified financial advisor or tax professional before making investment decisions. CalcFinex is not responsible for any financial decisions made based on calculator results.
We monitor official government notifications and update the calculator within 24 hours of any interest rate changes or policy modifications. The PPF interest rate is reviewed quarterly by the Ministry of Finance (April, July, October, January).