PPF Calculator

Plan your Public Provident Fund investments and calculate maturity amount, interest earned, and growth over time.

How It Works

Enter Annual Contribution

Input the amount you plan to deposit each year into your PPF account.

Choose Tenure

Select the number of years you want your PPF account to grow.

Select Interest Rate

Enter the current PPF interest rate offered by the government.

View Maturity & Interest

See your total maturity amount, interest earned, and growth over the selected period.

For Example:

If you contribute ₹1,50,000 annually for 3 years at 7% annual interest, your PPF account will earn interest each year, growing steadily through compounding.

Year-wise Maturity Table

Year	Contribution (₹)	Interest Earned in Year (₹)	Total Interest Till Now (₹)	Maturity (₹)
Year 1	₹1,50,000	₹10,500	₹10,500	₹1,60,500
Year 2	₹1,50,000	₹11,235	₹21,735	₹3,21,735
Year 3	₹1,50,000	₹12,021	₹33,756	₹4,71,756

Tips & Best Practices

Start Early

The earlier you start a PPF account, the more time your money has to grow through compounding. Even small annual contributions can accumulate significantly over time.

Maximize Contributions

Contribute the maximum allowed amount each financial year to take full advantage of tax benefits and compounding growth. The current maximum is ₹1.5 lakh per year.

Regular Monitoring

Track your PPF contributions and interest accruals yearly to ensure you’re on track for your financial goals. Adjust contributions if needed to maximize returns.

Reinvest Interest

All interest in a PPF account is automatically compounded annually. Avoid early withdrawals to maximize compounding and growth over the long term.

Tax Benefits

PPF contributions qualify for deductions under Section 80C, and interest earned is tax-free. This makes PPF a powerful tool for both saving and tax planning.

Align with Long-Term Goals

PPF is ideal for long-term objectives like retirement or children's education. Plan your tenure and contributions according to these goals for optimal financial planning.

Frequently Asked Questions

What is a PPF account?

A Public Provident Fund (PPF) account is a government-backed long-term savings instrument in India. It offers a fixed interest rate, tax benefits under Section 80C, and secure returns. Contributions can range from a minimum of ₹500 to a maximum of ₹1.5 lakh per financial year, with a tenure of 15 years, extendable in blocks of 5 years. PPF is ideal for risk-averse investors seeking stable, tax-free growth over the long term.

How is interest calculated on PPF?

PPF interest is compounded annually and calculated monthly on the lowest balance between the 5th and the last day of the month. This ensures your deposits earn consistent interest throughout the year. Regular monthly or yearly contributions can significantly increase your maturity amount due to compounding over 15 years. Understanding this calculation helps you plan contributions for maximum returns.

Can I withdraw early from PPF?

Partial withdrawals from a PPF account are allowed from the 5th financial year, subject to conditions and limits. Early withdrawals before 5 years are not permitted. This ensures the PPF account remains a long-term savings vehicle, maximizing compounding benefits and tax advantages.

Are PPF contributions tax-deductible?

Yes, contributions to PPF accounts qualify for tax deductions under Section 80C up to ₹1.5 lakh per year. Additionally, the interest earned and maturity amount are completely tax-free. This makes PPF an efficient tool for both savings and tax planning, unlike other taxable fixed-income instruments.

Can I increase my PPF contribution?

Yes, you can vary your annual contribution each financial year, as long as it’s within the ₹500 minimum and ₹1.5 lakh maximum limits. Increasing your contributions early in the tenure significantly boosts your final maturity amount due to compounding.

Can PPF be used for loans?

After the 3rd financial year, you can avail loans against your PPF balance, subject to limits. The loan interest is lower than market rates, and repayments are flexible. This feature makes PPF not only a savings instrument but also a source of emergency liquidity if required.

Is PPF a safe investment?

PPF is a government-backed scheme and considered extremely safe. Your principal and interest are guaranteed, making it one of the most secure long-term investment options available in India. It’s ideal for conservative investors looking for assured returns and tax benefits.

Knowledge