PPF Calculator

Yearly Investment ₹

Interest Rate % p.a.

Time Period Years

15 Years (Fixed)

PPF has a mandatory lock-in period of 15 years.

Estimated Maturity Amount

₹27,12,139

Total Invested ₹15,00,000

Total Interest Earned ₹12,12,139

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Year-wise Growth

What is Public Provident Fund (PPF)?

Public Provident Fund (PPF) is a popular long-term savings-cum-investment product offered by the Government of India. It is highly favored by individuals seeking guaranteed returns and significant tax benefits.

Key Benefits of PPF

Guaranteed Returns: Interest rates are set by the government every quarter. Current rate is 7.1% p.a.
Tax Efficiency: Offers EEE (Exempt-Exempt-Exempt) status. Principal is deductible under 80C, interest is tax-free, and maturity amount is tax-free.
Safety: Being a sovereign-backed scheme, your money is 100% safe.
Loan Facility: You can take a loan against your PPF balance between the 3rd and 6th financial year.

How PPF Interest is Calculated?

Interest in PPF is calculated on the minimum balance between the 5th and the last day of every month. However, interest is compounded only at the end of the financial year (March 31st).

Example:

If you invest ₹1.5 Lakh (maximum limit) every year for 15 years, your total investment will be ₹22.5 Lakhs. At an interest rate of 7.1% p.a., your maturity value will be approximately ₹40.68 Lakhs.

FAQs

Can I extend my PPF account after 15 years?

Yes, you can extend your PPF account in blocks of 5 years indefinitely. You can choose to extend with or without further contributions.

What is the minimum and maximum investment?

The minimum investment required is ₹500 per financial year. The maximum investment allowed is ₹1,50,000 per financial year.