PPF Calculator

Estimate your Public Provident Fund (PPF) returns with our easy-to-use calculator. Plan your long-term savings and see how your investment grows over time.

Calculate Your PPF Returns

Choose Deposit Type

Min: ₹500, Max: ₹1,50,000 per year

Current PPF interest rate is 7.1%

Understanding Public Provident Fund (PPF)

What is PPF?

The Public Provident Fund (PPF) is a government-backed savings scheme introduced by the Indian government to promote long-term savings and provide tax benefits to individuals. It is an excellent investment option for individuals who want a secure, risk-free way to grow their savings while earning tax-exempt returns.

Key Features of PPF

Guaranteed Returns

PPF offers a fixed interest rate set by the government, which is revised quarterly.

Tax Benefits

The amount deposited qualifies for tax deductions under Section 80C of the Income Tax Act. The interest earned and the maturity amount are completely tax-free.

Tenure

The minimum tenure of a PPF account is 15 years, which can be extended in blocks of 5 years.

Minimum and Maximum Investment

Minimum: ₹500 per year. Maximum: ₹1,50,000 per year.

Loan and Withdrawal Facility

Loans can be taken against the balance from the 3rd to the 6th year. Partial withdrawals are allowed from the 7th year.

Compounding Interest

PPF uses the power of compound interest to grow your savings significantly over time.

How to Use This Calculator

Our PPF Calculator is designed to simplify complex calculations by estimating the growth of your PPF investment over time. It calculates the opening balance, yearly deposits, interest earned, and closing balance for each year of the investment period.

Steps to Use the Calculator

  1. Choose between "Fixed Amount Every Year" or "Variable Amount Every Year" for deposits
  2. Enter your deposit amount(s)
  3. Input the current interest rate (default is 7.1%)
  4. Select your investment period (15, 20, 25, or 30 years)
  5. Click "Calculate" to see detailed results

Why PPF is a Good Investment

  • Risk-Free: Backed by the Indian government, ensuring zero risk.
  • Wealth Creation: Ideal for creating a long-term financial corpus through consistent investments.
  • Retirement Planning: Works as an excellent retirement savings tool due to its long-term nature.
  • Tax Exemptions: Triple tax benefits—deductions on deposit, interest earned, and maturity amount.

Start planning your financial future today with our PPF Calculator!

Frequently Asked Questions

What is the current interest rate for PPF?

The current interest rate for PPF is 7.1% per annum (as of last update). The government reviews and sets the interest rate quarterly.

Can I withdraw money from my PPF account before maturity?

Partial withdrawals are allowed from the 7th financial year. You can withdraw up to 50% of the balance at the end of the 4th year preceding the year in which the amount is withdrawn or at the end of the immediately preceding year, whichever is lower.

What happens after the 15-year PPF tenure is complete?

After the completion of the 15-year tenure, you have three options: withdraw the entire amount, extend the account for a block of 5 years (with or without further contributions), or keep the account active without contributions where it will continue to earn interest.

How is the interest calculated in a PPF account?

Interest in a PPF account is calculated on the lowest balance between the 5th day and the end of the month. This interest is compounded annually.