Estimate your Public Provident Fund maturity value based on your annual contribution and the current PPF interest rate, over the standard 15-year tenure.
PPF interest compounds annually on the balance at the end of each year, including that year's contribution:
Balanceyear = (Balanceprevious year + Annual Contribution) × (1 + r)
This calculator assumes you contribute the same amount at the start of every year for the full tenure, with interest compounding annually at the rate you specify. Since PPF interest rates are revised quarterly by the government, actual returns will vary slightly from a single flat-rate projection — use this as a reasonable long-term estimate.
The PPF interest rate is set by the Government of India every quarter and has historically ranged around 7-8% per annum. Check the current rate on the India Post or your bank's website, and update the rate in this calculator accordingly.
You can deposit a minimum of ₹500 and a maximum of ₹1,50,000 per financial year into a PPF account, in up to 12 installments.
No. PPF enjoys EEE (Exempt-Exempt-Exempt) tax status in India — your contribution is deductible under Section 80C, the interest earned is tax-free, and the maturity amount is also tax-free.
Yes, a PPF account can be extended in blocks of 5 years after the initial 15-year tenure, either with continued contributions or without further deposits while still earning interest.
Partial withdrawals are allowed from the 7th financial year onward, subject to certain limits. Premature closure is allowed only in specific circumstances like medical emergencies or higher education, also subject to conditions and a reduced interest rate.
The Public Provident Fund is one of India's most trusted long-term savings instruments, backed by the government and offering tax-free, compounding returns over a 15-year (extendable) tenure. It's a common choice for retirement savings and Section 80C tax planning.
If you're comparing PPF against market-linked options for long-term goals, see our SIP Calculator or our dedicated Retirement Calculator for a fuller retirement planning picture.
