PPF Calculator
Calculate your Public Provident Fund maturity value and exact interest earnings.
📅 Year-by-Year Breakdown
| Year | Opening Balance | Deposit | Interest Earned | Closing Balance |
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Plan Your Future with the PPF Calculator
The Public Provident Fund (PPF) is one of the most popular, secure, and tax-efficient saving schemes in India. Because it offers guaranteed returns and EEE (Exempt-Exempt-Exempt) tax benefits under Section 80C, it remains the top choice for long-term wealth creation. Our PPF Calculator helps you accurately forecast how your yearly contributions will grow over the 15-year lock-in period through the power of compounding.
How does PPF Interest Work?
The Government of India sets the PPF interest rate quarterly (currently at 7.1%). The interest is calculated monthly on the lowest balance between the 5th and the end of the month, but it is compounded annually and added to your account at the end of the financial year. To maximize your returns, it is always recommended to deposit your yearly amount before the 5th of April.
Frequently Asked Questions
What is the current PPF interest rate?
The current interest rate for the Public Provident Fund (PPF) is 7.1% per annum, compounded yearly.
What is the maximum amount I can invest in PPF?
You can invest a maximum of ₹1.5 Lakhs in a PPF account per financial year to claim tax deductions under Section 80C of the Income Tax Act.
Can I extend my PPF account after 15 years?
Yes! After the mandatory lock-in period of 15 years, you can extend your PPF account in blocks of 5 years, either with or without making fresh deposits.