PPF Calculator in Ahmedabad
The Public Provident Fund (PPF) is a 15-year, government-backed scheme with tax-free, compounding returns. Enter your yearly deposit, the current PPF rate and the period to see your maturity value, total interest and the corpus year by year. Deposits qualify for Section 80C, and both the interest and maturity are fully tax-free (EEE).
- 100% free
- No sign-up
- Private — on your device
Your partner in prosperity
Start a goal-based SIP plan
Talk to an AMFI-registered Mutual Fund Distributor (ARN-354187) in Ahmedabad. Free, no-obligation guidance tailored to your numbers. We'll bring up your scenario — Maturity (tax-free): ₹40,68,209.
How it's calculated
The formula
Each year the balance grows as balance = (balance + yearly deposit) × (1 + r), where r is the PPF rate. Compounded over the period, this gives the maturity value; interest earned = maturity − total deposited.
Assumptions
- A single yearly deposit compounded annually (a close approximation of PPF’s monthly-minimum-balance rule).
- A constant rate for the whole period (the government revises it quarterly).
- Deposits within the ₹1.5 lakh annual limit.
Sources
Real-world scenarios
See exactly how the numbers play out in the situations people actually face — so there are no surprises before you commit.
₹1.5 lakh a year for 15 years at 7.1%
Investing the full ₹1.5 lakh annual limit in PPF at 7.1% for 15 years grows to about ₹40.7 lakh — of which ₹22.5 lakh is your deposits and roughly ₹18.2 lakh is interest. Best of all, the entire maturity is completely tax-free under PPF’s EEE status.
Extending beyond 15 years
PPF can be extended in five-year blocks. Keep the same ₹1.5 lakh a year going to 25 years and the corpus swells past ₹1 crore, because the later years compound on a much larger balance. Patience is the entire strategy with PPF.
Why PPF anchors a safe portfolio
A government-set rate, tax-free returns and a Section 80C deduction make PPF the natural debt anchor of a long-term plan. Pair it with equity SIPs for growth — PPF protects the floor while equities chase the upside.
Illustrative figures on standard reducing-balance / compounding assumptions — your actual numbers may vary.
Frequently asked questions
The details worth knowing before you rely on these numbers.
How is PPF interest calculated?
PPF interest compounds annually on the lowest balance between the 5th and the last day of each month. This calculator approximates it as a yearly deposit compounded annually at the PPF rate, which the government revises each quarter.
What is the current PPF interest rate?
The PPF rate is set by the government every quarter; it is currently 7.1% per annum, compounded annually. It has historically ranged between about 7% and 8%.
How much can I invest in PPF each year?
You can deposit between ₹500 and ₹1.5 lakh per financial year, in a lump sum or up to 12 instalments. Deposits above ₹1.5 lakh earn no interest and get no tax benefit.
Is PPF tax-free?
Yes — PPF enjoys EEE status: deposits qualify for a deduction under Section 80C (old regime), the annual interest is tax-free, and the maturity amount is fully exempt from tax.
When does PPF mature and can I extend it?
PPF matures after 15 financial years. You can then extend it in blocks of 5 years, with or without further contributions, and the corpus keeps compounding tax-free.
Can I withdraw from PPF before 15 years?
Partly, yes. You can make one partial withdrawal per year from the seventh financial year, subject to limits, and take a loan against the balance between years three and six. A full premature closure is allowed only in specific cases such as a serious illness or higher education. Otherwise the account runs its 15-year term.
What happens if I miss a PPF deposit in a year?
The account becomes inactive. To revive it you pay a ₹50 penalty plus the ₹500 minimum for each missed year. Keeping at least the ₹500 minimum flowing every year avoids this and keeps the tax-free compounding going.
Is PPF a good place to keep my long-term savings?
PPF suits the safe, debt portion of a long-term goal: it is government-backed, the returns are tax-free (EEE), and the 15-year horizon enforces discipline. The trade-offs are a lower return than equities over long periods and limited liquidity. Many investors pair PPF for stability with equity funds for growth, based on their risk comfort.
Is this PPF calculator free?
Yes — it is free, needs no sign-up, and runs entirely in your browser. Your inputs stay on your device unless you choose to speak with an Apex TechFin advisor.
Explore all our free financial calculators
Bring every part of your money into one view — loan EMIs, SIP returns, retirement, tax and insurance cover. Every tool is free, instant and private.