PPF Calculator : The Public Provident Fund (PPF) Calculator helps you project the maturity value of your PPF investments based on:
✅ Yearly/Monthly Contributions
✅ Current Interest Rate (7.1% in 2024)
✅ Investment Tenure (15+ years)

PPF is a government-backed, tax-free savings scheme with E-E-E (Exempt-Exempt-Exempt) status under Section 80C.

How PPF Returns are Calculated

PPF Maturity Formula (Compounded Annually):

A=P×(1+r)n−1r

  • A = Maturity Amount

  • P = Annual Investment

  • r = Annual Interest Rate (7.1%)

  • n = Investment Tenure (in years)

Example Calculation:

  • Yearly Deposit (P): ₹1,50,000 (max limit)

  • Tenure (n): 15 years

  • Interest Rate (r): 7.1%

Step 1: Apply PPF formula

A=1,50,000×(1+0.071)15−10.071≈∗∗₹43,49,248∗∗

Total Invested Amount:

₹1,50,000×15=∗∗₹22,50,000∗∗

Interest Earned:

₹43,49,248−₹22,50,000=∗∗₹20,99,248∗∗

Key Benefits of PPF

✅ Tax-Free Returns – Exempt under Section 80C + 10(11)
✅ 7.1% Guaranteed Returns (2024) – Higher than bank FDs
✅ 15-Year Lock-in – Encourages long-term savings
✅ Loan Facility – Available from 3rd to 6th year
✅ Extendable in 5-Year Blocks – After 15 years

PPF vs Other Tax-Saving Instruments

Feature PPF ELSS NPS SSY
Interest Rate 7.1% (fixed) 12-15% (market-linked) 8-12% 8.2%
Tax Benefit E-E-E 80C (LTCG tax) 80C + 80CCD(1B) E-E-E
Lock-in Period 15 years 3 years Till 60 years 21 years
Risk Zero High Moderate Zero

FAQs on PPF Calculator

1. What is the minimum PPF deposit?

  • ₹500/year (max ₹1.5L/year for tax benefit).

2. Can I extend PPF after 15 years?

  • Yes, indefinitely in 5-year blocks.

3. Is PPF interest taxable?

  • No, fully tax-free at all stages.

4. What if I miss a yearly payment?

  • Account remains active (min ₹500/year required to avoid penalty).

5. Can NRIs open PPF accounts?

  • No, only Indian residents eligible.

Try Our Free PPF Calculator

Plan your tax-free savings with our PPF Calculator:
📌 Check maturity for different investment amounts
📌 Compare with other 80C options
📌 Optimize long-term wealth growth

Calculate Now & Start Investing!

Key Takeaways

  • ₹1.5L/year tax deduction under 80C

  • 7.1% risk-free returns (2024)

  • Partial withdrawals allowed after 7 years

  • Use calculator before investing