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Shravya Finlytics

PPF calculator

See what a yearly PPF deposit grows to over the 15-year term at the current rate, with interest compounded annually and free of tax.

A Public Provident Fund account over its 15-year term.

500–1,50,000
₹

The limit is ₹1.5 lakh a financial year across all your PPF accounts.

4–12
%

Set by the government each quarter; 7.1% for some years now.

1–35
years

The account runs 15 years, then extends in blocks of five.

Everything here is worked out in your browser. Nothing you type is sent to us or saved.

Balance after 15 years

₹40,68,209

You deposit

₹22,50,000

Interest earned

₹18,18,209

Tax-free

  • What you put in₹22,50,000(55%)
  • What it earned₹18,18,209(45%)
  • Deposited
  • Balance
₹0₹20.0 L₹40.0 L0246810121415
₹1,50,000 a year at 7.1%, compounded yearly. Hover, or focus the chart and use the left and right arrow keys, to read any year.
See the numbers
₹1,50,000 a year at 7.1%, compounded yearly.
YearDepositedBalanceInterest
0₹0₹0₹0
1₹1,50,000₹1,60,650₹10,650
2₹3,00,000₹3,32,706₹32,706
3₹4,50,000₹5,16,978₹66,978
4₹6,00,000₹7,14,334₹1,14,334
5₹7,50,000₹9,25,701₹1,75,701
6₹9,00,000₹11,52,076₹2,52,076
7₹10,50,000₹13,94,524₹3,44,524
8₹12,00,000₹16,54,185₹4,54,185
9₹13,50,000₹19,32,282₹5,82,282
10₹15,00,000₹22,30,124₹7,30,124
11₹16,50,000₹25,49,113₹8,99,113
12₹18,00,000₹28,90,750₹10,90,750
13₹19,50,000₹32,56,643₹13,06,643
14₹21,00,000₹36,48,515₹15,48,515
15₹22,50,000₹40,68,209₹18,18,209
  • Deposits qualify under section 80C, the interest is tax-free and so is the maturity amount.
  • Interest is calculated on the lowest balance between the 5th and the last day of each month, so depositing before the 5th earns a little more.
  • Partial withdrawal is allowed from the seventh year; the account cannot be closed at will before then.

Common questions

What is the PPF rate?

The government sets it every quarter; it has been 7.1 per cent a year for several years. Change the rate field if it has moved since you read this.

How much can I put in?

₹500 to ₹1.5 lakh in a financial year, across all PPF accounts in your name. Deposits qualify for section 80C and the interest is tax-free.

Can I take the money out early?

Partial withdrawal is allowed from the seventh year, and a loan from the third to the sixth. The account runs for 15 years and can then be extended in blocks of five.

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This is general information for education, not investment, tax or legal advice. Rules and rates change; check the official source before acting. Read the full disclaimer.