PPF Calculator

How the PPF calculator works

The Public Provident Fund (PPF) is a government-backed savings scheme with a 15-year lock-in, popular for its safety and its tax-free returns. You can deposit between ₹500 and ₹1,50,000 in a financial year, and the balance earns interest that is compounded annually at a rate the government resets every quarter (currently 7.1%). Enter your yearly deposit, the interest rate and your tenure to see the maturity value, split between what you put in and the interest you earned.

PPF is one of the few instruments with EEE (exempt-exempt-exempt) tax treatment: your contributions qualify for a deduction of up to ₹1.5 lakh a year under Section 80C, the interest is exempt, and the maturity amount is tax-free too — so the figures above are effectively your take-home returns. Because early deposits compound for the full 15 years and beyond, investing the maximum early each year and before the 5th of the month (interest is calculated on the lowest balance between the 5th and month-end) grows your corpus the most. Returns depend on future rate revisions, which this calculator assumes stay constant.