Calculator
PPF calculator
Tax-free, government-backed, 15-year lock-in. See what disciplined deposits become.
Max deposit ₹1.5L/year. 15-year lock-in, extendable in 5-year blocks.
Maturity ₹40.68 L (₹22.50 L deposits + ₹18.18 L interest)
Hover any bar for the yearly breakup. Current rate 7.1% p.a. (Q2 FY2026-27, unchanged since Apr 2020). PPF is EEE — deposit, interest and maturity all tax-free.
What this calculator answers
₹1,50,000 deposited every year for 15 years at 7.1% matures at about ₹40,68,209 — ₹22,50,000 of deposits and ₹18,18,209 of tax-free interest. Enter your yearly deposit and choose a tenure from 15 to 50 years.
How it is calculated
The yearly deposit is added at the start of each year and the balance then grows: balance = (balance + yearly deposit) × (1 + rate), compounded annually at 7.1% by default.
Rate 7.1% — the notified PPF rate, verified for Q2 FY2026-27 and adjustable in the slider. Deposits qualify for 80C within the ₹1.5 lakh annual cap.
Common questions
Is the PPF maturity tax-free?
PPF is exempt-exempt-exempt: the deposit qualifies under 80C within the ₹1.5 lakh cap, the interest is tax-free and the maturity is tax-free.
What happens after the 15-year lock-in?
The account can be extended in five-year blocks with further deposits, which is why the tenure slider runs to 50 years. The projection assumes continued deposits at the same rate.
Can I deposit more than ₹1,50,000 in a year?
No. The scheme caps annual deposits at ₹1,50,000, so the slider stops there — extra money needs another instrument.
Source & freshness
- Source
- Deterministic formula in lib/calculators.ts
- Timeliness
- Static-verified
- Method
- calculated
- Note
- Illustrative projection from your inputs — not a market quote.