PPF Calculator
See what a yearly PPF contribution grows to over the 15-year term, tax-free.
What is PPF?
The Public Provident Fund is a government-backed, 15-year savings scheme with tax-free interest and a deduction on what you put in. Its safety and tax status make it a popular long-term base, capped at ₹1.5 lakh a year.
How it's calculated
PPF pays interest on the lowest balance between the close of the 5th and the last day of each month, and credits it once a year. Interest never compounds within a year, so the calculator assumes you pay in on or before 5 April, which earns the full twelve months, then compounds the balance once a year at the PPF rate for the full term. Paying in later in the year earns less. Because the interest is tax-free, the maturity you see is what you actually keep.
An example
Put in ₹1.5 lakh a year for 15 years at 7.1% and you contribute ₹22.5 lakh, maturing to roughly ₹40 lakh, all tax-free.
Questions people ask
Is PPF really tax-free?
Yes, contributions qualify for a deduction, and both the interest and the maturity are exempt. That tax status is a big part of its appeal.
Can I invest more than ₹1.5 lakh a year?
No. ₹1.5 lakh is the annual cap per person. For anything beyond it, you need other instruments, which is where a broader plan helps.
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