PPF Calculator
Plan your PPF investment by entering your yearly deposit and current PPF interest rate. See the year-wise growth, total corpus, and tax-free maturity value at the end of 15 years.
Max โน1,50,000 per year
Current rate: 7.1%
Enter your PPF deposit details to see the projected growth.
Features
- Year-wise PPF balance and interest table
- Supports 15-year base tenure plus 5-year extensions
- Calculates total interest earned tax-free
- Helps plan Section 80C tax deductions
- Instant results with no data sent to server
Frequently Asked Questions
What is PPF?
PPF (Public Provident Fund) is a long-term government-backed savings scheme in India with a 15-year lock-in. It offers tax-free interest and the investment qualifies for Section 80C deduction up to โน1.5 lakh per year.
What is the current PPF interest rate?
The PPF interest rate is set by the Government of India each quarter. As of 2024, it is 7.1% per annum, compounded annually. The rate may change each quarter.
What is the maximum PPF deposit per year?
The maximum amount you can deposit in a PPF account in a financial year is โน1,50,000. The minimum is โน500. You can make deposits in up to 12 instalments per year.
Can I extend PPF after 15 years?
Yes. After the initial 15-year maturity, you can extend the PPF account in blocks of 5 years any number of times, with or without making further contributions.