PPF Calculator
The Public Provident Fund is a government-backed savings account with a fifteen-year term. Contributions qualify for deduction under section 80C in the old tax regime, the interest is exempt and so is the maturity — the arrangement usually described as EEE. The interest rate is reset by the Government of India every quarter, so it is an input here rather than a fixed number in our code.
Free to use · no sign-upEverything is worked out in your browserBuilt by Naveen Kumar Pandey, ARN-276664
Your numbers
Change anything below — the result updates as you type. Nothing you enter leaves your browser.
Statutory limits: ₹500 minimum, ₹1,50,000 maximum per financial year. That is ₹12,500 a month.
Set by the Government of India and revised every quarter. Confirm today's rate with your bank or post office.
A PPF account runs for 15 years and can then be extended in blocks of 5.
Maturity after 15 years
₹40,68,209
₹40.68 L
- You contribute
- ₹22,50,000
- Interest earned
- ₹18,18,209
- Your contributions₹22,50,000 · 55%
- Interest₹18,18,209 · 45%
PPF interest is worked out on the lowest balance between the 5th and the last day of each month. Paying the year's contribution before 5 April, rather than in March, genuinely earns you more — this calculator assumes you do.
Year-by-year balance
| Year | Contributed | Interest so far | Balance |
|---|---|---|---|
| 1 | ₹1,50,000 | ₹10,650 | ₹1,60,650 |
| 2 | ₹3,00,000 | ₹32,706 | ₹3,32,706 |
| 3 | ₹4,50,000 | ₹66,978 | ₹5,16,978 |
| 4 | ₹6,00,000 | ₹1,14,334 | ₹7,14,334 |
| 5 | ₹7,50,000 | ₹1,75,701 | ₹9,25,701 |
| 6 | ₹9,00,000 | ₹2,52,076 | ₹11,52,076 |
| 7 | ₹10,50,000 | ₹3,44,524 | ₹13,94,524 |
| 8 | ₹12,00,000 | ₹4,54,185 | ₹16,54,185 |
| 9 | ₹13,50,000 | ₹5,82,282 | ₹19,32,282 |
| 10 | ₹15,00,000 | ₹7,30,124 | ₹22,30,124 |
| 11 | ₹16,50,000 | ₹8,99,113 | ₹25,49,113 |
| 12 | ₹18,00,000 | ₹10,90,750 | ₹28,90,750 |
| 13 | ₹19,50,000 | ₹13,06,643 | ₹32,56,643 |
| 14 | ₹21,00,000 | ₹15,48,515 | ₹36,48,515 |
| 15 | ₹22,50,000 | ₹18,18,209 | ₹40,68,209 |
What this calculator assumes
- The year's contribution is treated as reaching the account at the start of the year. Depositing before the 5th of April each year genuinely does earn the most interest, because PPF interest is calculated on the lowest balance between the 5th and the last day of each month.
- The rate you enter applies for the whole term. In reality the government revises it every quarter, so the actual maturity will differ.
- The statutory limits are ₹500 minimum and ₹1,50,000 maximum per financial year, across all PPF accounts you hold. This calculator enforces them.
- The account runs the full fifteen-year term. Partial withdrawal is allowed from the seventh year and a loan from the third, both subject to limits; neither is modelled here.
Please read this
PPF is operated by the Government of India through banks and post offices. We are not an agent for it and do not open PPF accounts — this calculator is provided as a public convenience and so you can compare it fairly against the products we do distribute. The interest rate and the rules are set by the government and change; confirm the current rate with your bank, post office or the National Savings Institute before relying on any figure here.
The figures shown are an illustration produced from the numbers you typed in. They are not a quote, a guarantee, an offer or personal financial advice, and nothing here takes account of your own circumstances. Read the full disclaimer before acting on any of it.
Questions people ask us about this
What happens after fifteen years?
You can withdraw the whole balance tax-free, or extend the account in blocks of five years — with or without making further contributions. An extended account keeps earning interest either way.
Is PPF still worth it under the new tax regime?
The 80C deduction is not available under the new regime, so the tax-free, government-backed interest has to stand on its own merits. For many people it still does as the safe part of a long-term portfolio; for others the money is better placed elsewhere. It depends on your slab and what else you hold.
Can I invest more than ₹1.5 lakh a year?
No. ₹1,50,000 per financial year is a statutory ceiling across all PPF accounts in your name, including one you operate for a minor. Anything above it earns no interest and is simply returned.
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