PPF Calculator
Calculate Public Provident Fund maturity amount, total interest earned, and year-wise growth for your PPF investment.
Results
How PPF is Calculated
PPF uses annual compounding. Each year the deposit earns interest on the accumulated balance.
Balance(n) = (Balance(n-1) + Deposit) × (1 + r)
Frequently Asked Questions
What is PPF?
PPF (Public Provident Fund) is a long-term savings scheme backed by the Government of India. It offers tax-free returns and has a lock-in period of 15 years, extendable in blocks of 5 years.
What is the current PPF interest rate?
The PPF interest rate is set by the government each quarter. As of 2024-25, the rate is 7.1% per annum, compounded annually.
What is the maximum PPF deposit limit?
The maximum deposit in a PPF account is ₹1,50,000 per financial year. The minimum annual deposit is ₹500.
Is PPF tax-free?
Yes, PPF enjoys EEE (Exempt-Exempt-Exempt) tax status. The deposit qualifies for deduction under Section 80C, the interest earned is tax-free, and the maturity amount is also tax-free.