ToolFoxPPF Calculator
Project your Public Provident Fund balance over 15+ years of yearly deposits, tax-free.
- Maturity value
- ₹27,12,139
- Total deposited
- ₹15,00,000
- Interest earned
- ₹12,12,139
How it works
PPF compounds yearly at a government-set rate (7.1% at the time of writing, revised quarterly). Modelling one deposit at the start of each year, the balance follows the annuity-due formula: FV = D × [((1+r)^n − 1) ÷ r] × (1+r). Deposits are capped at ₹1,50,000 per year and the account runs 15 years, extendable in 5-year blocks.
Example
Depositing ₹1,00,000 at the start of every year at 7.1% grows to about ₹27,12,139 after 15 years — ₹15,00,000 deposited and ₹12,12,139 of tax-free interest.
Frequently asked questions
Is PPF interest taxable?
No — PPF enjoys exempt-exempt-exempt status: deposits qualify under 80C, and interest and maturity are tax-free.
Does the rate stay 7.1%?
The government reviews it quarterly; it changes over 15 years. Edit the rate field to test scenarios.
When should I deposit for maximum interest?
Before the 5th of April (or of each month) — interest is computed on the lowest balance between the 5th and month-end.
Can I withdraw early?
Partial withdrawals are allowed from year 7, and loans from year 3, under specific rules.
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