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PPF Calculator

PPF Calculator — Public Provident Fund

Calculate your PPF (Public Provident Fund) maturity value — India's safest long-term savings scheme, with a 15-year lock-in and government-backed guaranteed returns.

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🏛️ Enter PPF Details

Tax benefit: Contribution up to ₹1.5L deductible u/s 80C | Interest & maturity: Tax-free (EEE status)
Lock-in: 15 years, partial withdrawal from Year 7

📊 Maturity Value

Enter details to calculate PPF returns
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Disclaimer: Results provided by this calculator are for educational and estimation purposes only. They do not constitute formal financial, investment, or tax advice. Actual returns, rates, and tax treatment depend on your specific circumstances and prevailing regulations. Consult a certified financial advisor or chartered accountant before making financial decisions.

How PPF Maturity Is Calculated

PPF is a government-backed savings scheme with a mandatory 15-year lock-in, annual contributions capped at ₹1,50,000, and interest compounded annually at a rate set quarterly by the government (currently around 7.1%). Interest, maturity amount, and even the annual contribution are all fully tax-exempt under Section 80C and the EEE (Exempt-Exempt-Exempt) status — making it one of the few genuinely tax-free long-term instruments in India.

Worked Example

Investing the maximum ₹1,50,000/year for the full 15-year lock-in at 7.1% p.a.: total invested = ₹22,50,000, maturity value ≈ ₹40.7 lakh — roughly ₹18.2 lakh in tax-free interest earned, entirely government-guaranteed with zero market risk.

Frequently Asked Questions

Partial withdrawal is allowed from the 7th financial year onward, subject to limits based on your balance. The account can also be extended in blocks of 5 years after maturity, with or without further contributions, continuing to earn interest — full withdrawal before 15 years (except in specific hardship cases) is not permitted.
PPF offers guaranteed, government-backed returns and full tax exemption on interest and maturity (EEE status) — safer than ELSS mutual funds but with historically lower returns than long-term equity. ELSS has a shorter 3-year lock-in and higher return potential but carries market risk. Most balanced portfolios use both: PPF for guaranteed long-term safety, ELSS for growth.
The account doesn't close, but it becomes inactive — you'll need to pay a small penalty (₹50/year) plus the minimum required contribution (₹500) for each missed year to reactivate it before you can withdraw or extend. It's best to set up an auto-debit to avoid this altogether.
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