PPF Calculator
The Public Provident Fund (PPF) is a government-backed savings scheme with a 15-year lock-in and tax-free interest. Use this calculator to see what your yearly deposits will grow to.
Maturity value
₹40,68,209
- Total deposited
- ₹22,50,000
- Total interest
- ₹18,18,209
Results are illustrative and assume the interest rate stays the same for the whole period. PPF rates are set by the Government of India and reviewed every quarter.
Planning for the long term?
Ask Bachatt Saathi how PPF compares with mutual funds and Gold & Silver funds for your goal.
How to use the PPF Calculator
- 1Enter how much you will deposit every year (₹500 to ₹1.5 lakh).
- 2Check the current PPF interest rate — the government reviews it every quarter.
- 3Choose the period: 15 years, plus optional 5-year extensions.
Formula
F = P × [((1 + i)ⁿ − 1) ÷ i] × (1 + i)
- F = maturity value
- P = yearly deposit (made at the start of each year)
- i = annual interest rate
- n = number of years
Frequently asked questions
What is the PPF lock-in period?+
PPF matures after 15 years. You can then extend it in blocks of 5 years, with or without fresh deposits. Partial withdrawals are allowed from the 7th financial year.
How much can I invest in PPF?+
A minimum of ₹500 and a maximum of ₹1.5 lakh in a financial year.
Is PPF interest tax-free?+
Under the old tax regime, PPF deposits qualify for Section 80C deduction and the interest and maturity amount are tax-free. Check the rules for the regime you choose.