Calculate your PPF maturity amount and total interest over 15 years.
This tool calculates the maturity value of a Public Provident Fund (PPF) investment — a long-term, government-backed savings scheme in India offering tax-free interest — based on annual contributions, interest rate, and the 15-year investment tenure.
PPF uses annual compounding, where each year's contribution and accumulated balance earns interest at the government-notified rate, compounding annually over the 15-year lock-in period (extendable in 5-year blocks thereafter).
Enter your planned annual contribution amount and the applicable interest rate, and the calculator projects your PPF balance at the end of the 15-year tenure.
Example: Contributing the maximum ₹1,50,000 annually for 15 years at a 7.1% interest rate grows to a maturity value substantially higher than total contributions (₹22,50,000), due to compound growth over the long tenure.
Why is PPF popular as a long-term savings option in India? It offers a government-backed guarantee, tax-free interest, and tax deduction on contributions under Section 80C, making it a low-risk, tax-efficient option for long-term goals like retirement.
What is the minimum and maximum contribution allowed in a PPF account? Current rules typically set a minimum annual contribution requirement and a maximum annual limit (commonly ₹1,50,000), though these limits are set by government policy and can be updated over time.
Can I withdraw money from PPF before the 15-year tenure ends? Partial withdrawals are typically allowed starting from a certain year of the account (often from the 7th year), subject to specific conditions and limits set by PPF rules.
Does the PPF interest rate stay the same throughout the 15 years? No, the interest rate is set by the government and reviewed quarterly, so it can change over the investment period, meaning actual returns depend on the rates applicable in each period rather than a single fixed rate for the entire tenure.
What happens to a PPF account after the initial 15-year tenure? Account holders typically have the option to withdraw the full maturity amount, or extend the account in blocks of 5 years, either with or without making further contributions, depending on current rules.