PPF Calculator
Estimate your Public Provident Fund (PPF) maturity amount and interest earned.
What is a PPF Calculator?
A PPF calculator is a powerful tool that shows you how much your investment could grow over time. Just plug in how much you plan to save each year, the current interest rate, and how long you’ll keep the money invested. In a few clicks, you’ll get a clear idea of what your savings might look like when your PPF matures.
PPF is a favorite among Indian investors—and for good reason. It not only offers solid returns but also comes with full tax benefits under Section 80C. Our calculator takes the guesswork out of figuring out how your money will grow, handling all the compound interest math so you can plan with confidence.
Key Features of PPF Investment
Tax Benefits
Investment qualifies for deduction under Section 80C up to ₹1.5 lakh annually. You don’t have to pay any tax on the interest or the maturity amount — it’s 100% tax-free..
Guaranteed Returns
Government-backed scheme with fixed interest rates. Currently offering 7.1% per annum, compounded annually.
Long-term Wealth Building
15-year mandatory lock-in period ensures disciplined long-term savings with the power of compounding.
Flexible Contributions
Invest between ₹500 and ₹1.5 lakh per financial yea. Skip years without penalty after 6th year.
How to Use Our PPF Calculator
- Enter Annual Investment: Input your yearly PPF contribution (minimum ₹500, maximum ₹1.5 lakh)
- Set Interest Rate: Use the current PPF rate (7.1%) or adjust based on historical trends
- Choose Time Period: Select investment duration (minimum 15 years, can extend beyond)
- View Results: Instantly see your total investment, interest earned, and maturity amount
PPF Investment Strategies
💡 Early Investment Strategy
Start investing in PPF as early as possible. A 25-year-old investing ₹1.5 lakh annually can accumulate significantly more than someone starting at 35, thanks to compound interest.
📅 Timing Your Contributions
Invest early in the financial year (April-May) rather than at year-end. This maximizes the compounding effect as your money earns interest for the full year.
🔄 Extension Strategy
After 15 years, you can extend your PPF in 5-year blocks. This allows you to continue earning tax-free returns while maintaining liquidity options.
Frequently Asked Questions
What is the current PPF interest rate for 2024? →
PPF offers 7.1% annual interest, compounded once a year. This rate is reviewed quarterly by the government and has remained stable in recent years, making PPF a reliable investment option.
Can I invest more than ₹1.5 lakh in PPF annually? →
No, the maximum contribution to a PPF account is ₹1.5 lakh per financial year. Any amount deposited beyond this limit will not earn interest and must be withdrawn. However, you can open separate PPF accounts in the name of your spouse and children to save more under their names.
What happens if I don't contribute for a year? →
If you fail to deposit the minimum ₹500 in a financial year, your PPF account becomes inactive. You can reactivate it by paying a ₹50 penalty along with the minimum annual contribution. However, the account will continue to earn interest on the existing balance during the inactive period.
Can I withdraw money from PPF before 15 years? →
Partial withdrawals are allowed from the 7th year onwards, up to 50% of the balance at the end of the 4th preceding year or end of the previous year, whichever is lower. Loans against your PPF account are available from the 3rd to the 6th financial year.
How is PPF different from other tax-saving investments? →
PPF offers triple tax benefits (EEE status) - investment is tax-deductible, interest is tax-free, and maturity amount is tax-free. Unlike ELSS mutual funds or fixed deposits, PPF provides guaranteed returns with complete tax exemption, making it ideal for conservative investors.
Should I continue PPF after 15 years or withdraw? →
This depends on your financial goals and age. If you need the funds for immediate goals like children's education or marriage, withdraw. If you can afford to keep it invested, extending PPF in 5-year blocks continues to provide tax-free returns, which is especially beneficial for those in higher tax brackets.
💰 PPF Investment Tip
Start a PPF account for your newborn child. By contributing ₹1.5 lakh annually for 15 years, your child will have approximately ₹40+ lakh at maturity (at current rates). This creates a substantial corpus for their higher education or other life goals, demonstrating the true power of long-term compounding in PPF.