Tax-free • EEE • 15 years

PPF Calculator

Calculate Public Provident Fund maturity. Max ₹1.5 lakh/year. Tax-free returns. Government-backed.

PPF details

Max ₹1.5 lakh per financial year

Govt-notified rate (e.g. 7.1%)

Minimum 15 years. Extend in blocks of 5 years.

Result

Maturity amount

Total invested

Interest earned (tax-free)

About PPF

PPF is a government-backed, tax-free scheme. You can deposit up to ₹1.5 lakh in a financial year. Interest is compounded annually. Tenure is 15 years (extendable). Maturity = Annual deposit × (1 + r) × ((1 + r)^n − 1) / r, with contributions at the start of each year.

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Frequently Asked Questions

What is PPF?

PPF (Public Provident Fund) is a government-backed, tax-free savings scheme. You can invest up to ₹1.5 lakh per financial year. Tenure is 15 years (extendable in blocks of 5 years). Interest and maturity are tax-free.

What is the maximum PPF deposit per year?

The maximum you can deposit in a PPF account in one financial year is ₹1.5 lakh. You can deposit in lump sum or in installments. The current interest rate is set by the government and compounded annually.

Is PPF interest taxable?

No. PPF interest and maturity amount are fully tax-free under the EEE (Exempt-Exempt-Exempt) regime. There is no TDS on PPF.

Can I extend PPF after 15 years?

Yes. You can extend your PPF account in blocks of 5 years with or without further contributions. The calculator assumes a 15-year tenure; for extended periods, adjust accordingly.

Is this PPF calculator free?

Yes. This PPF calculator is free. Enter annual deposit and expected rate to see maturity. No signup required.