Public Provident Fund
Plan your 15-year savings journey
Enter 0 for new account
Min ₹500/year, Max ₹1,50,000/year
Can be extended in 5-year blocks after 15 years
What is the Public Provident Fund (PPF)?
The Public Provident Fund is a long-term savings instrument backed by the Government of India with a current interest rate of 7.1% per annum (FY 2025-26). It has a mandatory lock-in period of 15 years, after which it can be extended in blocks of 5 years indefinitely. PPF enjoys EEE (Exempt-Exempt-Exempt) tax status, meaning your contributions qualify for Section 80C deductions, the interest earned is tax-free, and the maturity amount is fully exempt from income tax.
Why Use This PPF Calculator?
This calculator helps you project your PPF maturity value based on your monthly deposits and chosen tenure. If you already have an existing PPF balance, enter it along with the account opening year, and the calculator will auto-detect remaining tenure and project future growth accurately. It also compares your PPF returns against post-tax FD returns from major banks, clearly showing how PPF's tax-free status gives it a significant edge over fixed deposits for long-term wealth building.
How to Use This Calculator
Step 1: Enter your existing PPF balance (₹0 for a new account). Step 2: If you have an existing balance, enter the account opening year for automatic tenure calculation. Step 3: Enter your planned monthly deposit (₹42 to ₹12,500 per month). Step 4: Adjust the tenure if needed (auto-calculated for existing accounts). Step 5: Click "Calculate" to view maturity value, interest earned, tax savings, year-by-year breakdown, and bank FD comparison.
Key Terms Explained
Lock-in Period: 15 years mandatory from the date of account opening. Extension Blocks: After 15 years, PPF can be extended in 5-year blocks with or without fresh contributions. Section 80C: Annual deposits up to ₹1.5 lakh qualify for tax deduction. Compound Interest: PPF interest is compounded annually on the year-end balance. Partial Withdrawal: Allowed from the 7th financial year onwards, up to 50% of the balance at the end of the 4th preceding year.