PPF Calculator - Calculate Public Provident Fund Returns Online PPF Calculator

What is PPF (Public Provident Fund)?

The Public Provident Fund (PPF) is a long-term savings scheme backed by the Government of India. It has a minimum lock-in period of 15 years and offers tax-free returns. PPF is one of the safest investment options for risk-averse investors looking for guaranteed, tax-exempt returns.

PPF interest is compounded annually and currently stands at 7.1% per annum. You can compare PPF returns with Fixed Deposit returns or SIP returns to plan your investments better.

Benefits of PPF

• Tax-Free Returns: PPF enjoys EEE (Exempt-Exempt-Exempt) tax status — investment, interest, and maturity are all tax-free.
• Government Backed: Being a sovereign guarantee scheme, PPF carries zero default risk.
• Section 80C Deduction: Annual deposits up to 1,50,000 qualify for tax deduction under Section 80C. Use our Tax Calculator to estimate savings.
• Loan Facility: Partial withdrawal is allowed from the 7th year, and loans can be taken from the 3rd to the 6th year.
• Extension: After 15 years, the account can be extended in blocks of 5 years with or without contributions.
• Compounding: Interest is compounded annually, enabling significant wealth creation over the long term.

Calculation Formula

How Our PPF Calculator Works

1. Yearly Investment: Enter your annual contribution (min 500, max 1,50,000 per year).
2. Interest Rate: The current PPF rate is 7.1%. You can adjust this to see different scenarios.
3. Time Period: Minimum 15 years. Can be extended in 5-year blocks (up to 50 years in this calculator).
4. Deposit Frequency: Choose yearly lump sum or monthly instalments.
5. Year-wise Breakdown: See opening balance, deposit, interest earned, and closing balance for each year.