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PPF Calculator
Estimate your Public Provident Fund maturity value from yearly deposits, the current interest rate and the 15-year tenure.
Calculate PPF maturity
How PPF interest works
Maturity = sum of yearly deposits, each compounding annually at the announced rate. Assuming deposits at the start of each year: FV = P × [((1+r)ⁿ − 1) ÷ r] × (1+r)
Example: ₹60,000/year at 7.1% for 15 years → invested ₹9,00,000, interest ≈ ₹9.2 lakh, maturity ≈ ₹18.2 lakh.
Key PPF rules
- Tenure: 15 years, extendable in 5-year blocks.
- Investment limit: ₹1.5 lakh per financial year (all accounts combined).
- Tax: deposits qualify under Section 80C; maturity is fully tax-free (EEE).
- Loan and partial withdrawal facilities are available from specific years.
Frequently asked questions
What is the current PPF interest rate?
The government revises PPF rates quarterly; it has stayed at 7.1% p.a. compounded annually in recent years. Enter the latest announced rate above.
What is the minimum and maximum PPF deposit?
Minimum ₹500 per financial year; maximum ₹1.5 lakh per financial year across all PPF accounts.
Can I extend PPF after 15 years?
Yes — in blocks of 5 years, with or without further deposits.
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Browse all calculatorsResults are estimates based on entered values and assumptions. They are not professional advice. Verify important decisions with the relevant provider or a qualified professional.