Estimate your PPF maturity amount, total interest earned and get a year-by-year breakdown instantly.
Maturity Amount
Total Invested: ₹ 0
Total Interest Earned: ₹ 0
📊 Year-by-Year PPF Breakdown
| Year | Opening Balance (₹) | Deposit (₹) | Interest Earned (₹) | Closing Balance (₹) |
|---|
The Public Provident Fund (PPF) is a long-term, government-backed savings scheme introduced in India in 1968. It is one of the most popular tax-saving investment options for Indian citizens, offering a combination of safety, attractive returns, and complete tax exemption. PPF accounts can be opened at any post office or authorised bank branch across India.
PPF falls under the EEE (Exempt-Exempt-Exempt) tax category — meaning the investment qualifies for Section 80C deduction, the interest earned is tax-free, and the maturity amount is also completely exempt from tax. This makes PPF one of the most tax-efficient investment instruments available in India.
Enter your yearly investment amount (between ₹500 and ₹1,50,000), the current PPF interest rate (7.1% as of 2026), and your investment period in years (minimum 15 years). Click Calculate PPF to instantly see your total maturity amount, total invested amount, total interest earned, and a complete year-by-year breakdown table.
PPF interest is calculated on the minimum balance between the 5th and the last day of each month and credited to the account at the end of the financial year. For our calculator, we use the standard annual compounding formula:
F = P × [((1 + i)^n − 1) / i] × (1 + i)
Where F = Maturity amount, P = Annual investment, i = Annual interest rate, and n = Number of years. Since PPF allows investing at the beginning of the year, each instalment earns interest for the full year.
PPF has a mandatory lock-in period of 15 years. After maturity, you can extend it in blocks of 5 years with or without fresh contributions, any number of times.
You can invest a minimum of ₹500 and a maximum of ₹1,50,000 per financial year. Investments can be made in a lump sum or up to 12 instalments per year.
PPF investments qualify for deduction under Section 80C up to ₹1,50,000 per year. The interest and maturity amount are both fully tax-free — making PPF ideal for long-term tax-free wealth creation.
You can avail a loan against your PPF account from the 3rd to the 6th year of the account. The loan amount can be up to 25% of the balance at the end of the 2nd year preceding the loan application year.
Partial withdrawal is allowed from the 7th year onwards — up to 50% of the balance at the end of the 4th year or the preceding year, whichever is lower.
PPF offers tax-free returns under EEE category while FD interest is fully taxable. For someone in the 30% tax bracket, a 7.1% PPF return is effectively better than an FD offering up to 8.5% after tax deduction. PPF is better for long-term, tax-efficient savings.
PPF offers guaranteed, risk-free returns with tax benefits but is limited to 15 years with a ₹1.5 lakh annual cap. SIP in mutual funds has no investment cap and can potentially generate higher returns over long periods, but carries market risk. A smart investor uses both — PPF for guaranteed tax-free savings and SIP for higher long-term wealth creation.
Both PPF and NPS offer tax benefits under Section 80C. NPS offers an additional ₹50,000 deduction under Section 80CCD(1B). However, NPS has partial market exposure and annuity requirements at maturity, while PPF gives you 100% of the corpus tax-free.
Also try: Use our FD Calculator to compare PPF with Fixed Deposit returns, our SIP Calculator for mutual fund planning, or our EMI Calculator for loan repayment planning.
PPF (Public Provident Fund) is a government-backed long-term savings scheme with a 15-year lock-in, offering tax-free interest under the EEE tax category.
The current PPF interest rate is 7.1% per annum, compounded annually. It is set by the Government of India and reviewed quarterly.
Minimum is ₹500 and maximum is ₹1,50,000 per financial year. You can invest in lump sum or up to 12 instalments.
Yes. You can extend in blocks of 5 years with or without contributions, any number of times after the 15-year maturity.
Yes. PPF is EEE — investment is deductible under 80C, interest is tax-free, and maturity amount is completely tax-free.
Partial withdrawal is allowed from the 7th year. Premature closure is only allowed after 5 years in specific cases like medical emergencies or higher education.