PPF Calculator (Public Provident Fund)

Estimate the maturity value of your PPF investment with a year-wise breakdown.

Enter Your PPF Investment Details

Understanding Your PPF Investment

The Public Provident Fund (PPF) is a long-term, government-backed savings scheme. Our PPF calculator helps you estimate the PPF maturity amount based on your regular contributions. The calculation uses the principle of annual compounding on your investments.

The key to PPF's growth is the power of compounding. The interest earned each year is added to your principal, and the next year's interest is calculated on this new, larger amount. This tool's year-wise breakdown clearly shows how your wealth grows over the 15-year lock-in period and beyond, making it an excellent tool for long-term, tax-free financial planning.

Frequently Asked Questions about PPF

Public Provident Fund (PPF) is a long-term savings and tax-saving scheme supported by the Indian government. Any resident Indian citizen, including salaried, self-employed, or even minors, can open a PPF account. NRIs cannot open new accounts.

PPF enjoys an Exempt-Exempt-Exempt (EEE) status, which is its biggest advantage. This means:
1) Your PPF investment up to ₹1.5 lakh per year qualifies for a tax deduction under Section 80C.
2) The accumulated PPF interest is completely tax-free.
3) The final PPF maturity amount is also tax-free upon withdrawal.

You need to deposit a minimum of ₹500 in a financial year to keep the account active. The maximum you can invest is ₹1,50,000 per financial year. You can make deposits in a lumpsum or in a maximum of 12 installments.

No, the PPF interest rate is not fixed for the entire tenure. The Government of India reviews and sets the rate every quarter. The interest is calculated on the minimum balance in the account between the 5th and the last day of each month, and is credited to the account at the end of the financial year.

If you fail to deposit the minimum amount of ₹500 in a financial year, your account becomes an inactive PPF account. You can reactivate it by paying a penalty of ₹50 for each inactive year, along with the minimum subscription of ₹500 for each of those years.

Yes, upon maturity after 15 years, you can opt for a PPF extension. You can extend it in blocks of 5 years, as many times as you like. You can choose to extend it with or without making further contributions.

PPF (Public Provident Fund) is a voluntary investment scheme open to all Indian citizens. EPF (Employees' Provident Fund) is a mandatory retirement savings scheme for salaried employees in eligible organizations. While both offer tax benefits and are long-term products, PPF is a personal choice, whereas EPF is tied to employment.