PPF Calculator
Calculate Public Provident Fund maturity amount with year-wise growth
🛡️ Tax Benefits
Investment qualifies for Section 80C deduction up to ₹1.5 lakh. Interest and maturity are completely tax-free (EEE status).
Maturity Amount
₹40,68,209
After 15 years @ 7.1%
Total Deposited
₹22,50,000
Interest Earned
₹18,18,209
Wealth Multiplier
1.81×
Your money grows this many times
Year-wise PPF Growth
| Year | Annual Deposit | Interest Earned | Total Deposited | Balance |
|---|---|---|---|---|
| Year 1 | ₹1,50,000 | ₹10,650 | ₹1,50,000 | ₹1,60,650 |
| Year 2 | ₹1,50,000 | ₹22,056 | ₹3,00,000 | ₹3,32,706 |
| Year 3 | ₹1,50,000 | ₹34,272 | ₹4,50,000 | ₹5,16,978 |
| Year 4 | ₹1,50,000 | ₹47,355 | ₹6,00,000 | ₹7,14,334 |
| Year 5 | ₹1,50,000 | ₹61,368 | ₹7,50,000 | ₹9,25,701 |
| Year 6 | ₹1,50,000 | ₹76,375 | ₹9,00,000 | ₹11,52,076 |
| Year 7 | ₹1,50,000 | ₹92,447 | ₹10,50,000 | ₹13,94,524 |
| Year 8 | ₹1,50,000 | ₹1,09,661 | ₹12,00,000 | ₹16,54,185 |
| Year 9 | ₹1,50,000 | ₹1,28,097 | ₹13,50,000 | ₹19,32,282 |
| Year 10 | ₹1,50,000 | ₹1,47,842 | ₹15,00,000 | ₹22,30,124 |
| Year 11 | ₹1,50,000 | ₹1,68,989 | ₹16,50,000 | ₹25,49,113 |
| Year 12 | ₹1,50,000 | ₹1,91,637 | ₹18,00,000 | ₹28,90,750 |
| Year 13 | ₹1,50,000 | ₹2,15,893 | ₹19,50,000 | ₹32,56,643 |
| Year 14 | ₹1,50,000 | ₹2,41,872 | ₹21,00,000 | ₹36,48,515 |
| Year 15 ★ | ₹1,50,000 | ₹2,69,695 | ₹22,50,000 | ₹40,68,209 |
PPF Investment Guide — The Ultimate Tax-Free Wealth Builder
The Public Provident Fund (PPF) is one of India's most trusted and tax-efficient long-term savings instruments. Backed by the Government of India, it offers guaranteed returns, complete capital safety, and the rare EEE (Exempt-Exempt-Exempt) tax status — making it an essential component of every Indian investor's portfolio.
Why PPF is Called EEE
PPF enjoys triple tax exemption: Exempt at investment — contributions up to ₹1.5 lakh qualify for Section 80C deduction. Exempt during accumulation — interest earned every year is completely tax-free. Exempt at maturity — the entire maturity amount, including all interest, is tax-free. This makes PPF one of the very few instruments where you save tax at all three stages.
How PPF Interest is Calculated
PPF interest is calculated on the minimum balance between the 5th and last day of each month. This means if you deposit before the 5th of a month, that month's balance earns interest. If you deposit after the 5th, you miss that month's interest. Pro tip: Always deposit your annual PPF contribution before April 5th to earn interest for the entire year.
PPF Withdrawal Rules
Partial Withdrawal (from Year 7): You can withdraw up to 50% of the balance at the end of the 4th year or the preceding year, whichever is lower. Only one withdrawal per year is allowed.
Loan Facility (Years 3–6): You can take a loan of up to 25% of the balance at the end of the 2nd preceding year. The loan must be repaid within 36 months.
Premature Closure (after Year 5): Allowed only for specific reasons — serious illness, higher education, or change in residency status. A 1% interest penalty applies.
PPF Extension After 15 Years
At maturity, you have three options: withdraw the full amount, extend for 5 years with continued contributions (and earn interest + 80C benefits), or extend for 5 years without contributions (balance continues to earn interest, tax-free). The extension option can be exercised indefinitely in 5-year blocks.
PPF vs Other Instruments
PPF vs FD: PPF offers tax-free returns vs fully taxable FD interest. For someone in the 30% tax bracket, a 7.1% PPF return is equivalent to a 10.14% pre-tax FD return.
PPF vs ELSS: PPF is risk-free with guaranteed returns. ELSS offers potentially higher returns but with market risk and a 3-year lock-in. PPF is better for conservative investors; ELSS for those seeking higher growth.
PPF vs NPS: PPF is fully liquid at maturity; NPS has restrictions on withdrawal. PPF returns are fixed; NPS returns are market-linked. Both offer 80C benefits.
Maximizing PPF Returns
- Invest the maximum ₹1.5 lakh every year before April 5th
- Open PPF accounts for spouse and minor children (separate ₹1.5 lakh limit each)
- Extend the account after 15 years to continue compounding
- Use PPF as the debt/safe component of your overall portfolio