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PPF Maturity Calculator

Calculate your returns with current 7.1% interest rate.

Max ₹1,50,000 per financial year
Current Govt. rate (2025-26)
Standard lock-in is 15 years

Your Results

Enter yearly investment and duration to see your tax-free wealth creation.

PPF Tips
  • Deposit Early: Deposit before 5th of month to maximize interest
  • Minimum Deposit: ₹500 to avoid account discontinuation
  • Tax Deduction: Claim U/s 80C deduction on contributions
  • Loan Facility: Available from 3rd-6th year (25% of balance)
  • Partial Withdrawal: From 7th year onwards up to 50%
  • Extension: Can extend in 5-year blocks after maturity
Learn More
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Important Disclaimer
This calculator assumes the current 7.1% interest rate remains constant for the entire tenure. In reality, PPF rates are reviewed quarterly by the Government of India. Actual returns may vary. Please verify with official NSI sources or your bank for accurate information.

How to Use This PPF Calculator

1Enter Annual Deposit

Input the amount you can save annually (Max ₹1.5L).

2Set Duration

Choose 15 years or more. You can extend in 5-year blocks.

3Calculate

Click calculate to see your future corpus and tax-free interest.

4Analyze

Review the chart and year-wise schedule to plan your finances.

Understanding Public Provident Fund (PPF)

What is PPF?

The Public Provident Fund (PPF) is a government-backed savings scheme introduced in 1968. It aims to mobilize small savings and convert them into long-term investments for retirement security.

Who can open a PPF Account?

Any Indian citizen can open a PPF account. NRIs cannot open new accounts but can continue existing ones. Parents can open accounts for minors. Only one account is allowed per person.

How is interest calculated?

Interest is calculated on the minimum balance in your account between the 5th and last day of each month. It's best to deposit before the 5th to maximize interest earnings.

Tax Benefits

PPF is a specialized investment that offers "EEE" benefits - Exempt on contribution, Exempt on interest accumulation, and Exempt on maturity withdrawal.

PPF vs Other Investment Options

Feature PPF FD (Fixed Deposit) ELSS (Mutual Funds)
Lock-in Period 15 Years 5 Years (Tax saver) 3 Years
Returns 7.1% (Fixed) 6-7.5% (Fixed) 12-15% (Variable)
Risk Low (Govt Backed) Low (Bank) High (Market)
Tax on Returns Tax Free Taxable LTCG Tax > ₹1L

Extension Rules After 15 Years

Once your PPF account matures after 15 years, you have three options:

1. Withdraw Maturity Amount

You can close the account and transfer the entire corpus to your savings bank account tax-free.

2. Extend Without Contributions

You can keep the account active without depositing any money. The balance will continue to earn interest at the applicable rate.

3. Extend With Contributions

You can extend the account in blocks of 5 years and continue collecting tax benefits under 80C. You must submit Form H within one year of maturity.

Frequently Asked Questions About PPF

No, you cannot open a joint PPF account. A PPF account can only be opened in the name of a single individual. However, you can appoint a nominee.

To maximize your returns, you should deposit the amount between the 1st and 5th of any month. Interest is calculated on the lowest balance between the 5th and the end of the month.

If you become an NRI after opening the account, you can continue the account until maturity (15 years) on a non-repatriable basis. However, you cannot extend the account after maturity.

Yes, a loan facility is available from the 3rd financial year up to the 6th financial year. The maximum loan amount is 25% of the balance at the end of the 2nd financial year preceding the year in which the loan is applied.

Yes, if you fail to deposit the minimum ₹500 in a financial year, the account becomes discontinued. To revive it, you need to pay a penalty of ₹50 per year of default along with the minimum subscription arrears.

Premature closure is allowed only after 5 full financial years and under specific grounds like medical emergencies or higher education of self/children. A penalty of 1% interest is deducted from the applicable rate.