PPF Calculator
Calculate PPF maturity amount for 15 years with annual investments. Includes EEE tax benefit (deposit, interest, maturity all tax-free). PPF extension and partial withdrawal calculator.
PPF Calculator — Public Provident Fund
Results update instantly
Annual deposit — max Rs 1.5L per year (Rs 12,500/month)
Current PPF rate: 7.1% p.a. (reviewed quarterly by Government)
Estimates based on constant rate assumption. Actual returns may vary.
| Year | Invested | Returns | Total Value |
|---|
PPF at 7.1% with EEE tax treatment means a 30% bracket investor effectively earns 10.14% equivalent taxable return (7.1% / 0.7 = 10.14%). No guaranteed instrument in India offers higher tax-adjusted returns. This is why PPF remains the cornerstone of Indian retail investors' debt allocation.
What is a PPF Calculator?
A PPF calculator estimates your Public Provident Fund maturity amount based on your annual contribution, current interest rate (7.1%), and investment tenure. PPF is the cornerstone of every Indian retail investor's tax-saving and debt portfolio — guaranteed by the Government of India, fully tax-free at all stages, and available at all post offices and major banks.
PPF formula and calculation
P = Annual deposit r = Annual interest rate (7.1%) n = Years
Example: Rs 1.5L/year for 15 years at 7.1% = Rs 40.68L maturity (invested Rs 22.5L)
Why PPF is uniquely powerful in India
PPF's EEE (Exempt-Exempt-Exempt) status is unmatched: deposits reduce taxable income (Section 80C, up to Rs 1.5L), interest is completely tax-free, and maturity is completely tax-free. For someone in the 30% tax bracket, the effective pre-tax equivalent yield is 10.14% (= 7.1% / 0.7). No bank FD, corporate bond, or government security gives this combination of safety + return + tax efficiency.
PPF extension strategy — the secret compounding weapon
Most investors close their PPF at 15 years. This is a mistake. Extending for another 10 years (to 25 years) turns Rs 40.68L into approximately Rs 1.13 Cr with continued maximum contributions — all completely tax-free. The combination of tax-free compounding over 25 years is unbeatable for debt allocation.
PPF deposit timing matters
PPF interest is calculated on the minimum balance between the 5th and last day of each month. Depositing before the 5th of April (financial year start) means 12 months of interest on the full deposit. Depositing after the 5th of April means you lose one month of interest on that year's contribution. Over 15 years, this timing difference creates a meaningful corpus difference.
ThriftRupee tips for PPF investors
Tip 1: Maximize annual contribution every April. Deposit the full Rs 1.5L before April 5th each year to maximize interest. Set a calendar reminder for April 1-4.
Tip 2: Open a PPF account for your minor child. Parents can open a PPF account in a minor child's name. While the parent's overall 80C limit of Rs 1.5L applies across both accounts, the child's account builds a tax-free corpus for their higher education or marriage.
Tip 3: Never close at 15 — always extend. The wealth acceleration in years 16-25 is dramatic due to the larger compounding base. Unless you urgently need the funds, extending with continued contributions is almost always the mathematically superior choice.