PPF Calculator

Calculate Public Provident Fund returns

Max: 1,50,000/year

Current rate: 7.1%

Min: 15 years

Maturity Amount

₹40,68,209

Total Investment

₹22,50,000

Total Interest

₹18,18,209

Total Return

80.8%

PPF Maturity Breakdown

Investment

₹22,50,000

Interest

₹18,18,209

Year-by-Year PPF Growth

See the exact power of compounding over 15 years

YearOpening BalanceDepositInterest EarnedClosing Balance
Year 1₹0₹1,50,000+₹10,650₹1,60,650
Year 2₹1,60,650₹1,50,000+₹22,056₹3,32,706
Year 3₹3,32,706₹1,50,000+₹34,272₹5,16,978
Year 4₹5,16,978₹1,50,000+₹47,355₹7,14,334
Year 5₹7,14,334₹1,50,000+₹61,368₹9,25,701
Year 6₹9,25,701₹1,50,000+₹76,375₹11,52,076
Year 7₹11,52,076₹1,50,000+₹92,447₹13,94,524
Year 8₹13,94,524₹1,50,000+₹1,09,661₹16,54,185
Year 9₹16,54,185₹1,50,000+₹1,28,097₹19,32,282
Year 10₹19,32,282₹1,50,000+₹1,47,842₹22,30,124
Year 11₹22,30,124₹1,50,000+₹1,68,989₹25,49,113
Year 12₹25,49,113₹1,50,000+₹1,91,637₹28,90,750
Year 13₹28,90,750₹1,50,000+₹2,15,893₹32,56,643
Year 14₹32,56,643₹1,50,000+₹2,41,872₹36,48,515
Year 15₹36,48,515₹1,50,000+₹2,69,695₹40,68,209

₹1.5 Lakh Annual PPF Investment: 15-Year Growth Table

Calculating your Public Provident Fund (PPF) returns at the current 7.1% interest rate. Investing the maximum limit of ₹1,50,000 annually can build a significant tax-free corpus.

YearAnnual DepositInterest EarnedClosing Balance
Year 1₹1,50,000+₹10,650₹1,60,650
Year 2₹1,50,000+₹22,056₹3,32,706
Year 3₹1,50,000+₹34,262₹5,16,968
Year 4₹1,50,000+₹47,255₹7,14,223
Year 5₹1,50,000+₹61,160₹9,25,383
Year 6₹1,50,000+₹75,952₹11,51,335
Year 7₹1,50,000+₹91,695₹13,93,030
Year 8₹1,50,000+₹1,08,455₹16,51,485
Year 9₹1,50,000+₹1,26,305₹19,27,790
Year 10₹1,50,000+₹1,45,323₹22,23,113
Year 11₹1,50,000+₹1,65,591₹25,38,704
Year 12₹1,50,000+₹1,87,198₹28,75,902
Year 13₹1,50,000+₹2,10,189₹32,36,091
Year 14₹1,50,000+₹2,34,712₹36,20,803
Year 15₹1,50,000+₹2,60,827₹40,31,630
Total after 15Y₹22,50,000₹17,81,630₹40,31,630
*

Calculations are based on 7.1% interest rate compounded annually. PPF interest rates are reviewed by the Government of India every quarter and are subject to change.

The PPF Calculator helps you estimate the maturity value of your Public Provident Fund account. PPF is India's most trusted long-term savings scheme — backed by the Government of India, offering 7.1% guaranteed returns and EEE tax status (Exempt-Exempt-Exempt: investment, interest, and maturity are all tax-free).

A maximum of ₹1.5 lakh can be invested per year. PPF has a 15-year lock-in with options for loans (year 3–6) and partial withdrawals (after year 7).

How PPF Interest is Calculated — Year-by-Year

PPF interest is calculated on the minimum balance between the 5th and last day of each month and credited annually on March 31st. This means you should deposit before the 5th of each month to earn interest for that month. The formula compounds your deposits annually over 15 years.

F = P × [((1 + i)ⁿ - 1) / i]

Where:

  • F = Maturity Amount at end of tenure
  • P = Annual deposit amount (max ₹1,50,000)
  • i = Annual interest rate ÷ 100 (currently 7.1% → 0.071)
  • n = Number of years (minimum 15)
  • Example: ₹1.5L/year for 15 yrs @ 7.1% → Maturity = ₹40,68,209
  • Year-by-Year Growth (₹1.5L/year @ 7.1%): Year 1: ₹1,60,650 | Year 5: ₹9,13,847 | Year 10: ₹21,95,337 | Year 15: ₹40,68,209. Your money nearly doubles from Year 10 to Year 15 due to compounding!
  • Deposit Tip: Deposit before April 5th each year to earn interest for the full year. A yearly deposit of ₹1.5L vs monthly deposits of ₹12,500 gives slightly higher returns when invested as lump sum early in April.
  • PPF Interest Rate History: The rate is set by the government quarterly. It was 8.7% (2016), 7.9% (2020), 7.1% (2020–present). Historically between 6.5–12% — still attractive for risk-free, tax-free returns.
  • EEE Status Explained: E1 — Investment up to ₹1.5L deductible under Section 80C. E2 — Annual interest earned is NOT taxed. E3 — Maturity amount (₹40.68L in above example) is completely tax-free. No other instrument offers all three.

Example: ₹1.5 Lakh/Year PPF for 15 Years

Rohan opens a PPF account at age 30 and deposits the maximum ₹1,50,000 per year for 15 years at 7.1% interest.

• Total Amount Invested: ₹22,50,000
• Total Interest Earned: ₹18,18,209 (completely tax-free!)
• Maturity Value at Age 45: ₹40,68,209

If Rohan extends for 5 more years (to age 50): Maturity jumps to ₹66,58,288 — adding ₹7.5L more in deposits but getting ₹25.9L more in returns due to compounding!

Annual Deposit: ₹1,50,000
Duration: 15 Years
Total Invested: ₹22,50,000
Interest Earned: ₹18,18,209 (Tax-Free)
Maturity Value: ₹40,68,209

PPF vs Other Tax-Saving Investments (Section 80C)

Compare PPF with popular 80C tax-saving instruments:

FeaturePPFELSS Mutual FundTax-Saving FDNPS (Tier 1)
Lock-in Period15 Years3 Years5 YearsTill age 60
Returns (Approx)7.1% Guaranteed12-16% (Market)6.5-7%9-12% (Market)
Tax on ReturnsFully Tax-Free (EEE)10% LTCG above ₹1.25LTaxable as slabPartial tax on withdrawal
RiskZero (Govt. backed)High (equity)Zero (DICGC insured)Medium (mixed)
Loan FacilityYes (3rd to 6th yr)NoYes (OD at bank)No

Frequently Asked Questions

⚠️ Disclaimer

The figures provided by this calculator are estimates based on the inputs you provide and standard financial formulas. STOCKCALC.IN does not offer investment advice. Please consult a qualified financial advisor before making any investment decisions.

Recommended for You

Plan Your Complete Retirement

PPF is great for retirement. See your complete picture

Personalized suggestions based on your inputs

Share this tool

Help others make smarter financial decisions