PPF Calculator
Instant results as you type.
₹
%
years
Maturity amount
₹40,68,209.22
Total deposited₹22,50,000.00
Interest earned₹18,18,209.22
For education and planning only. Your bank or lender’s actual figures can differ — fees, rounding, day-count conventions and local rules vary. Always confirm the final numbers with your provider before deciding.
PPF is one of the few places where the interest is genuinely tax-free at every stage — what you put in, what it earns, and what you withdraw. The trade-off is time: the account locks for fifteen years. This calculator shows what a yearly contribution becomes over that period, and why the last five years produce more interest than the first ten combined.
How to use it
- Enter your yearly deposit, between 500 and 1,50,000 as the rules allow.
- Enter the current PPF rate and the number of years.
- Read the maturity amount and how much of it is interest rather than your own money.
Examples
- 1.5 lakh a year at 7.1% for 15 years: about 40.7 lakh, of which 18.2 lakh is interest.
- Extending by one five-year block adds substantially more, because the balance is already large.
Frequently asked questions
- How much can I deposit in PPF each year?
- Between 500 and 1,50,000 in a financial year, across all PPF accounts in your name. Deposits above the limit earn no interest and are simply returned. The 1,50,000 ceiling is shared with your other Section 80C investments, so if you already claim EPF or life insurance there, the deduction may be used up before the PPF limit is.
- Is PPF interest tax-free?
- Yes — PPF sits in the exempt-exempt-exempt category. The deposit qualifies under Section 80C, the interest is not taxed as it accrues, and the maturity amount is tax-free. That makes its headline rate worth noticeably more than the same rate on a fixed deposit, which is taxed at your slab.
- Can I withdraw from PPF before 15 years?
- Partially. From the seventh year you may take one withdrawal a year, capped at a portion of the balance, and a loan is available between years three and six. Full closure before maturity is allowed only in specific situations such as serious illness or higher education, and carries an interest penalty.
- Should I deposit in April or spread it monthly?
- April, if you can. Interest is calculated on the lowest balance between the fifth and the last day of each month, so money deposited at the start of the financial year earns for all twelve months. Depositing the full amount before the fifth of April rather than in March adds up meaningfully over fifteen years.