PPF Calculator
Investment Details
* The PPF interest rate is fixed by the Government of India and revised quarterly, currently at 7.1%.
Maturity Summary
Total Maturity Value (Tax Free)
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Total Invested Amount
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Total Interest Earned
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Build a Tax-Free Corpus with the PPF Calculator
The Public Provident Fund (PPF) is one of the most popular and secure long-term investment avenues in India. Backed by the Government of India, it offers attractive interest rates and unmatched tax benefits. Our free PPF Calculator helps you forecast your retirement corpus so you can plan your financial future with confidence.
What is a Public Provident Fund (PPF)?
PPF is a savings-cum-tax-saving instrument introduced by the National Savings Institute under the Ministry of Finance. It has a mandatory lock-in period of 15 years, making it an excellent tool for long-term goals like retirement or children's education.
How is PPF Calculated?
PPF interest is calculated monthly but compounded annually. The formula used for calculating the maturity amount is:
- F: Maturity value of the PPF.
- P: Annual installments.
- i: Rate of interest (Current rate / 100).
- n: Number of years (Minimum 15 years).
Why Invest in PPF? (EEE Tax Status)
Exempt (Investment)
The annual amount you invest in your PPF account (up to ₹1.5 Lakhs) is fully deductible from your taxable income under Section 80C of the Income Tax Act.
Exempt (Interest)
The massive interest you earn on your PPF balance every year is completely exempt from income tax.
Exempt (Maturity)
The final maturity amount you withdraw after 15 years is 100% tax-free. It is one of the few instruments in India with EEE status.
Frequently Asked Questions (FAQs)
Can I extend my PPF account after 15 years?
Yes! After the initial 15-year maturity, you can extend your PPF account indefinitely in blocks of 5 years, with or without making further contributions.
Can I withdraw money before 15 years?
Partial withdrawals are allowed subject to certain conditions starting from the 7th financial year. You can also take a loan against your PPF balance between the 3rd and 6th financial years.
What is the minimum and maximum investment?
The minimum investment required to keep a PPF account active is ₹500 per financial year. The maximum amount you can deposit in a year is ₹1,50,000.