PPF Calculator
Calculate Public Provident Fund growth.
Calculate Public Provident Fund growth.
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Estimate public provident fund maturity and annual contribution outcomes.
Total PPF Maturity
₹ 40.7 lakhTotal Interest Earned: ₹ 18.2 lakh
Total Investment
₹ 22.5 lakh
Total Interest
₹ 18.2 lakh
Maturity Amount
₹ 40.7 lakh
PPF (Public Provident Fund) is a voluntary long-term savings scheme backed by the Government of India. It is often called a "Tax Haven" because it offers guaranteed, tax-free returns with a 15-year lock-in period.
The PPF Calculator helps you project your maturity amount based on your annual investment, tenure, and the current interest rate. Whether you're saving for retirement, your child's education, or building a financial safety net, PPF is one of the safest and most tax-efficient investment options available.
Unlike EPF which is only for salaried employees, PPF is open to all Indian citizens including self-employed individuals, homemakers, and even minors (through guardians).
PPF benefits from the power of compounding, where you earn interest not just on your principal but also on the interest accumulated over previous years. Since PPF has a minimum tenure of 15 years, the compounding effect is massive.
The calculator provides a detailed year-by-year breakdown showing your opening balance, annual contribution, interest earned, and closing balance. This transparency helps you understand exactly how your wealth is being created.
The best part? Every rupee of interest you earn is completely tax-free, making PPF one of the most attractive debt instruments in India.
The PPF Calculator simplifies the complex calculations involved in projecting your PPF maturity amount. It takes into account the government-declared interest rate and compounding frequency to give you a highly accurate estimate.
PPF interest is calculated on the lowest balance between the 5th and the end of each month. This means if you deposit money before the 5th of any month, you earn interest for that entire month. The calculator assumes optimal investment timing to maximize your returns.
Whether you're just starting your PPF journey or are mid-way through, this tool helps you visualize your financial safety net and plan for major life goals.
Using the PPF calculator is simple:
Pro Tip: Always invest before the 5th of the month to maximize interest earnings. Even a delay of a few days can cost you a full month's interest!
The calculator uses the official Ministry of Finance formula:
A = P [({(1+i)^n} - 1) / i]
Where A is maturity amount, P is annual installment, i is interest rate, n is years.
Example: If you invest ₹1.5 Lakh annually for 15 years at 7.1% interest, your maturity amount will be approximately ₹40.68 Lakhs, with interest of ₹18.18 Lakhs!
Opening a PPF account in the name of a minor child is a brilliant strategy. By the time the child turns 15 (for higher education) or 25 (for marriage), the account matures with a hefty tax-free sum.
For self-employed individuals who don't have access to EPF, PPF serves as an excellent retirement corpus builder with sovereign guarantee and tax-free returns.
You can use your PPF corpus to fund the down payment for your dream home without taking a high-interest personal loan.
PPF enjoys EEE (Exempt-Exempt-Exempt) status:
This makes PPF one of the most attractive debt instruments in India, especially for risk-averse investors in higher tax brackets.