PPF Calculator
Free PPF calculator: enter your yearly deposit, the current PPF rate and tenure to see the maturity amount and interest earned, year by year. Try it now.
PPF Calculator — Plan Your Public Provident Fund Corpus
Public Provident Fund (PPF) is one of the most popular long-term, tax-free investments in India. Backed by the Government of India, it has a 15-year lock-in, tax-free interest and maturity, and deposits that qualify for a Section 80C deduction under the old tax regime. The government sets the PPF rate every quarter; this calculator starts at 7.1%, so check the current rate and change it if it differs. Our PPF Calculator shows you exactly how much your contributions will grow into.
Enter your annual contribution, expected interest rate, and tenure. See the maturity amount, total interest earned, and a year-wise breakdown of your PPF balance. No signup, no cost.
How to Calculate PPF Maturity
1. Annual Contribution
Enter your yearly PPF deposit. The calculator accepts ₹500 to ₹1,50,000 a year, the PPF deposit limits it is built on.
2. Interest Rate
Enter the PPF interest rate. The government reviews it every quarter, so use the rate in force today; the calculator starts at 7.1%.
3. Tenure
PPF runs for 15 years and can be extended in 5-year blocks. The calculator starts at 15 years and assumes you deposit the same amount every year.
4. View Maturity
See total invested, interest earned, and the tax-free maturity amount you'll receive.
PPF Calculator Features
EEE Tax Benefit
Deposits qualify for a Section 80C deduction under the old tax regime, and both the interest and the maturity amount are tax-free.
Year-Wise Schedule
Detailed table showing opening balance, contribution, interest, and closing balance for every year.
Extension Planning
Set a tenure beyond 15 years to see how extending your PPF (and continuing to deposit every year) grows the corpus.
Visual Breakdown
A chart shows how much of your maturity amount is your deposits and how much is interest.
Start-of-Year Deposits
Each year’s deposit is assumed to be made at the start of the financial year, so it earns interest for the full year; interest is compounded yearly.
Free and Private
No signup, no tracking. Runs entirely in your browser.
How PPF Maturity Is Calculated
The calculator works year by year. Each year’s deposit is added at the start of the year, and interest for the year is (opening balance + deposit) × rate. The closing balance, opening balance + deposit + interest, becomes the next year’s opening balance, so interest is compounded yearly.
Worked example: ₹1,00,000 a year at 7.1% for 15 years (the calculator’s starting values).
- Year 1: (₹0 + ₹1,00,000) × 7.1% = ₹7,100 of interest, closing at ₹1,07,100.
- Year 2: (₹1,07,100 + ₹1,00,000) × 7.1% = ₹14,704, closing at ₹2,21,804.
- After 15 years: maturity amount ₹27,12,139 — ₹15,00,000 deposited and ₹12,12,139 of interest.
Amounts are rounded to the nearest rupee on screen; the calculation itself is not rounded, so multiplying the rounded figures can differ by a few rupees.