What is a PPF Calculator?
A PPF Calculator is a free online tool that helps you calculate ppf maturity amount, yearly interest and complete 15-year growth chart with current 7.1% interest rate. FinCalc Pro offers India's most accurate PPF Calculator with instant results, detailed charts, and step-by-step breakdowns — completely free with no login required.
PPF Calculator Formula
F = Maturity amount | P = Annual deposit | r = Annual interest rate (7.1%) | n = Number of years (15)
How to Use PPF Calculator
- Enter your annual PPF contribution (max ₹1.5 lakhs)
- The interest rate is set at current 7.1% (government declared)
- Select investment period (15 years minimum, extendable in 5-year blocks)
- Click Calculate to see year-by-year maturity
- View the complete growth chart with interest earned each year
PPF Calculator — Example
Annual Deposit: ₹1,50,000 | Rate: 7.1% | 15 years → Invested: ₹22,50,000 | Interest: ₹18,18,209 | Maturity: ₹40,68,209
Benefits of Using PPF Calculator
- Completely tax-free returns (EEE status)
- Guaranteed government-backed returns
- Annual 80C deduction up to ₹1.5 lakhs
- Loan and partial withdrawal facility after 3rd year
Frequently Asked Questions — PPF Calculator
What is the current PPF interest rate?
The current PPF interest rate is 7.1% per annum, compounded annually. The government reviews and declares the rate quarterly.
What is the maximum PPF deposit limit?
The maximum PPF deposit is ₹1,50,000 per financial year. The minimum is ₹500 per year. Deposits exceeding ₹1.5 lakhs do not earn interest.
Is PPF interest tax-free?
Yes, PPF enjoys EEE (Exempt-Exempt-Exempt) tax status. The deposit qualifies for 80C deduction, interest earned is tax-free, and maturity amount is completely tax-free.
Can I withdraw PPF before 15 years?
Partial withdrawal is allowed from 7th year onwards (up to 50% of balance). Full premature closure is allowed after 5 years in case of medical emergency or higher education.