CalculateYear-by-Year Growth Projection
● Total Investment ● Total Value
* Chart values are approximateLong-term Savings · India
India PPF (Public Provident Fund) Calculator
Secure long-term savings with tax-efficient growth.
Free Calculator📅 FY 2024–25 rate⚡ Instant results
Min: ₹500 | Max: ₹1,50,000
Current PPF Rate (FY 2024–25)
Lock-in period is 15 years
Estimated Maturity Amount
₹40,68,209
Maturity after 15 years
Total Investment₹22,50,000 (55.3%)
Total Interest Earned₹18,18,209 (44.7%)
Tax Benefits (EEE)Fully tax-free
Year-wise Projection (15 Years)
| Year | Investment (₹) | Interest (₹) | Balance (₹) |
|---|---|---|---|
| 1 | 1,50,000 | 10,650 | 1,60,650 |
| 2 | 1,50,000 | 32,706 | 3,32,706 |
| 3 | 1,50,000 | 66,978 | 5,16,978 |
| 4 | 1,50,000 | 1,14,334 | 7,14,334 |
| 5 | 1,50,000 | 1,75,701 | 9,25,701 |
| … | … | … | … |
| 15 | 1,50,000 | 18,18,209 | 40,68,209 |
If You Extend Beyond 15 Years
Why Invest in PPF?
Safe & Government Backed
100% secure as it is backed by the Government of India.
Tax Benefits (EEE)
Contributions, interest and maturity are fully tax-free.
Attractive Returns
Earn reliable interest with the power of compounding.
Long-term Discipline
15-year lock-in encourages steady savings and wealth creation.
Goal-based Savings
Ideal for retirement, children’s education and long-term goals.
Learn More About PPF
What is PPF? →Understand the basics, features and benefits of PPF.PPF Eligibility →Check who can open a PPF account and the guidelines.PPF Rules & Conditions →Know the official rules, contribution limits and account details.PPF Interest Rate →Understand how the notified rate and annual compounding work.PPF Premature Withdrawal →Learn when partial withdrawal or premature closure is permitted.PPF Loan Facility →Understand loan availability, limits, repayment and interest.PPF Account Transfer →Transfer an account between a bank and a post office.PPF FAQs →Find clear answers to frequently asked PPF questions.
01
What is a Public Provident Fund (PPF)?
PPF is a Government of India–backed long-term small-savings scheme designed to help individuals build a tax-efficient retirement or long-term corpus.
- An account normally runs for 15 financial years and can be extended in blocks of five years.
- Deposits may be made as a lump sum or in instalments, subject to the notified annual minimum and maximum.
- Interest is calculated under the scheme rules and credited annually. The calculator provides an estimate, not an official account statement.
- The account combines sovereign backing, long-term compounding and tax treatment under the rules applicable to the investor.
02
PPF eligibility and account ownership
A resident individual may generally open one PPF account in their own name and may also open an account as guardian for a minor, subject to scheme rules.
- Joint PPF accounts are not permitted.
- A minor’s account is operated by the parent or legal guardian until the child becomes eligible to operate it.
- Non-resident and HUF eligibility is governed by the current scheme and transition rules; confirm your specific status with the provider.
- Contribution limits may apply across an individual’s own account and accounts operated for minors.
03
PPF rules, deposits and tenure
PPF follows notified deposit, nomination, maturity and extension rules. Keeping the account active requires meeting the minimum annual contribution.
- The standard maturity period is 15 financial years, calculated according to the account-opening rules.
- Deposits above the permitted annual ceiling do not receive normal PPF benefits.
- A discontinued account may usually be revived by paying the prescribed arrears and penalty, subject to current rules.
- At maturity, the holder may close the account, retain it without further contributions, or extend it in five-year blocks where permitted.
04
How the PPF interest rate works
The Government notifies the PPF interest rate periodically. Interest is calculated using the balance rules for the relevant month and is credited at the end of the financial year.
- This calculator assumes one constant annual rate for the whole projection so scenarios are easy to compare.
- Actual future maturity values can differ because notified rates may change during the tenure.
- Depositing earlier within the permitted monthly window can affect the balance eligible for that month’s interest.
- Annual compounding means credited interest becomes part of the balance used for later growth.
05
Partial withdrawal and premature closure
PPF is intended for long-term saving, but the scheme permits limited access in specified circumstances and after prescribed holding periods.
- Partial withdrawals become available only after the qualifying period and are subject to a formula-based limit.
- Premature closure is restricted to permitted grounds and may involve an interest adjustment.
- Documentation may be required for medical, educational or residency-related grounds.
- Check the latest provider form and scheme notification before relying on a withdrawal for a time-sensitive expense.
06
Loan facility against a PPF balance
A PPF loan may be available during a limited window in the early years of the account. Eligibility and the maximum amount depend on the qualifying balance.
- The loan facility is available only during the period specified by the scheme.
- The maximum loan is linked to the balance at the end of a prescribed earlier financial year.
- Principal is repaid first, followed by the applicable loan interest.
- An outstanding loan can affect eligibility for another loan, so confirm the repayment status before applying.
07
Transferring a PPF account
A PPF account can generally be transferred between eligible banks and post offices without closing the account or resetting its original opening date.
- Start the request with the current provider or the receiving provider using the prescribed transfer process.
- The existing account record, nomination and balance are transferred after verification.
- Keep copies of the transfer request, passbook and acknowledgement until the receiving provider confirms completion.
- A transfer is different from opening a second account; avoid duplicate active accounts.
Frequently asked questions about PPF
Open a question to see the detailed answer. Scheme limits and procedures can change, so confirm time-sensitive decisions with your bank, post office or the latest official notification.
Can I have more than one PPF account?+
An individual is generally permitted one account in their own name. A guardian may operate an additional account for a minor, subject to the combined contribution and scheme rules.
What happens if I miss the minimum annual deposit?+
The account may become discontinued. It can generally be revived during the original term by paying the prescribed minimum arrears and revival charge.
Can I change my annual contribution?+
Yes. You can normally vary contributions from year to year within the notified minimum and maximum limits.
Is the maturity amount guaranteed?+
Government backing applies to the scheme, but the exact maturity value is not fixed because the notified interest rate may change over time.
Can I continue after 15 years?+
Subject to current rules, you may retain the account without fresh deposits or extend it in blocks of five years, with or without contributions.
When should I deposit for monthly interest eligibility?+
PPF interest calculations use scheme-specific monthly balance rules. Confirm the current cutoff with your bank or post office before depositing.
Can a PPF account be closed early?+
Premature closure is permitted only on specified grounds after the applicable qualifying period and can result in an interest-rate adjustment.
Are PPF proceeds always tax-free?+
PPF is commonly described as EEE, but personal tax treatment depends on the law applicable to you. Confirm current rules or obtain tax advice when needed.