PPF Calculator
Estimate what a Public Provident Fund account could grow to.
A PPF account accepts ₹500 to ₹1,50,000 in a financial year.
The government sets this rate every quarter, so check the current figure.
| Year | Deposit | Interest | Balance |
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Assumes the full yearly amount is deposited at the start of each financial year (before the 5th of April) and the rate stays the same. PPF interest is tax-free under current rules.
An estimate for planning only. The PPF rate and rules are decided by the Government of India and can change.
Frequently asked questions
How is PPF interest calculated?
Interest is worked out every month on the lowest balance between the 5th and the end of that month, and credited once a year on 31 March. If you deposit the full amount before the 5th of April each year, you earn interest on it for all twelve months, which is the assumption used here.
How long is the PPF lock-in?
A PPF account matures after 15 financial years. After that you can withdraw everything, or extend the account in blocks of five years, with or without further deposits. Use the years option above to see the effect of extending.
Why does the deposit date matter?
Because interest is calculated on the lowest balance after the 5th of each month, a deposit made after the 5th earns nothing for that month. Depositing the whole year's amount before 5 April gives the most interest.
Is PPF interest taxable?
Under current rules the interest earned and the maturity amount are exempt from income tax. Tax laws can change, so check the latest rules.