What is PPF Calculator?
Calculate PPF maturity amount, yearly interest and complete 15-year growth chart with current 7.1% interest rate Simply enter your values, and the calculator instantly computes accurate results using standard financial formulas. All calculations are performed entirely in your browser — nothing is stored or transmitted.
Formula Used
F = Maturity amount | P = Annual deposit | r = Annual interest rate (7.1%) | n = Number of years (15)
How to Use This 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
Worked Example
Annual Deposit: ₹1,50,000 | Rate: 7.1% | 15 years → Invested: ₹22,50,000 | Interest: ₹18,18,209 | Maturity: ₹40,68,209
Why Use This Tool?
- 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
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.
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