PPF Calculator
PPF Calculator — Public Provident Fund
Government-backed EEE investment with 7.1% p.a. interest — calculate your maturity corpus
| Year | Opening Balance | Deposit | Interest Earned | Closing Balance |
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Government Guaranteed
PPF is backed by the Government of India — 100% safety on both principal and interest, with zero default risk.
EEE Tax Status
Deposits, interest, and maturity — all three are fully tax-exempt under Section 80C and Section 10 of the Income Tax Act.
15-Year Lock-in
PPF matures in 15 years. Extend in 5-year blocks with or without deposits. Maximum contribution is ₹1.5 lakh per year.
Understanding PPF
What is PPF and Why is it Still a Powerful Investment?
A complete guide to Public Provident Fund for Indian investors
A Public Provident Fund (PPF) account is a long-term, government-backed savings scheme in India that offers guaranteed, tax-free returns. Introduced in 1968, it remains one of the most trusted investment instruments for retail and HNI investors alike.
The scheme carries zero default risk since the entire corpus — principal and accumulated interest — is guaranteed by the Government of India. Interest is compounded annually and credited to the account at the end of each financial year, making it a powerful vehicle for long-term wealth creation through the force of compounding.
PPF is classified as an "Exempt, Exempt, Exempt" (EEE) investment — the rarest and most powerful tax status available under Indian tax law. This means:
PPF interest is computed on the minimum balance between the 5th and last day of each month. To maximize returns, always deposit before the 5th of April each financial year — this ensures you earn interest on your deposit for the entire year.
For example, depositing ₹1,50,000 per year for 15 years at 7.1% p.a. yields a maturity value of approximately ₹40,68,209 — of which ₹22,50,000 is your invested principal and ₹18,18,209 is entirely tax-free interest earned.
Minimum ₹500 and maximum ₹1,50,000 per financial year on a single PAN. Contributions in excess of the limit earn no interest and are not deductible.
Mandatory 15-year lock-in period. After maturity, extend in 5-year blocks — with deposits (active) or without deposits (passive, just to earn interest).
Partial withdrawals are permitted from the 7th financial year onwards, up to 50% of the balance at the end of the 4th preceding year.
Loans against PPF are available from the 3rd to 6th year at 1% above the PPF rate. A convenient feature for short-term liquidity needs without breaking the deposit.