PPF Calculator
Calculate your Public Provident Fund maturity with tax-free returns.
PPF Interest Rate
7.1% p.a. (Fixed)
Compounded
Annually
PPF Maturity Formula
F = P [{ ((1+i)^n - 1) / i }]
F = Maturity amount of PPF
P = Yearly installment = ₹ 1,00,000
n = Number of years = 15
i = Rate of interest = 7.1% = 0.071
Your Calculation
F = ₹ 1,00,000 × [{ ((1 + 0.071)^15 - 1) / 0.071 }]
F = ₹ 1,00,000 × [{ (2.7980 - 1) / 0.071 }]
F = ₹ 1,00,000 × [25.3234]
F = ₹ 27,12,139
Maturity Amount
₹27,12,139
* Tax-free returns under Section 80C
What is a PPF Calculator?
A PPF calculator is a free online tool that estimates the maturity value of your Public Provident Fund account. Since PPF interest compounds annually over a minimum 15-year tenure, calculating returns manually across years is complex. The calculator does it instantly.
Enter your yearly investment, select your investment frequency and tenure, and the PPF amount calculator shows:
How to Use Cready's PPF Calculator Online?
Select investment frequency
yearly, half-yearly, quarterly, or monthly
Enter your yearly investment
between ₹500 and ₹1,50,000
Choose your tenure
15, 20, 25, 30, 35, 40, 45, or 50 years
View results instantly
maturity amount, total interest, total invested, and maturity date
Review yearly projection
year-by-year breakdown of opening balance, deposit, interest, and closing balance
Download
save the projection using the download button
Timing tip: PPF interest is calculated on the lowest balance between the 5th and last day of each month. Depositing before the 5th of April each year (for lump-sum) or before the 5th of each month (for monthly) ensures maximum interest for that period.
PPF uses the following formula:
Example: ₹1,00,000 invested yearly at 7.1% for 15 years: F = 1,00,000 × [(1.071^15 – 1) / 0.071] = ₹27,12,139
F = Maturity amount
P = Annual installment
i = Annual interest rate (7.1.071.071)
n = Total number of years
What is the Public Provident Fund (PPF) Scheme?
PPF Key Features at a Glance
| Feature | Details |
|---|---|
| Current Interest Rate | 7.1% p.a., compounded annually |
| Minimum Deposit | ₹500 per financial year |
| Maximum Deposit | ₹1,50,000 per financial year |
| Minimum Tenure | 15 years |
| Extension | 5-year blocks after maturity, with or without deposits |
| Tax on Deposit | Deduction up to ₹1.5 lakh under Section 80C |
| Tax on Interest | Nil — fully exempt every year |
| Tax on Maturity Amount | Nil — fully exempt |
| Partial Withdrawal | Allowed from Year 7 onwards |
| Loan Against PPF | Available from Year 3 to Year 6 |
| Risk | Zero — backed by sovereign guarantee |
| Tax Status | EEE — deposit, interest, and maturity payout are all tax-free |
PPF holds EEE (Exempt-Exempt-Exempt) status - the deposit, the interest, and the maturity payout are all tax-free. For a taxpayer in the 30% slab, the effective post-tax yield of PPF at 7.1% is equivalent to a taxable fixed deposit earning approximately 10.1%.
Key Benefits of the PPF Scheme
Triple Tax Exemption (EEE)
Get tax benefits on contributions up to ₹1.5 lakh under Section 80C, tax-free interest earnings, and a completely tax-free maturity amount.
Government-Guaranteed Returns
PPF is backed by the Government of India, offering guaranteed principal and interest with no market or credit risk.
Power of Long-Term Compounding
Annual investments of ₹1.5 lakh can grow significantly over the long term through guaranteed compounding and tax-free returns.
Partial Withdrawal Flexibility
From the 7th year, make one partial withdrawal each year, subject to applicable PPF withdrawal rules and limits.
Loan Against PPF
From the 3rd to 6th financial year, you can take a loan against your PPF balance at an interest rate linked to the PPF rate. Alternatively, get a personal loan through Cready starting at 10% p.a.
Extension After Maturity
After the initial 15-year maturity period, extend your PPF account in 5-year blocks with or without additional contributions.
Protection from Creditors
A PPF balance is protected from attachment by a court order for settlement of personal debts, subject to applicable law.
Frequently Asked Questions
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