Calculator
PPF Calculator
A guaranteed, tax-free corpus over a 15-year lock-in.
dhanmetrics.com · Educational illustration only · Not investment advice
Maturity at year 15
₹40,68,209
Tax-free under Section 80C (EEE)
What this means
₹1.5L/year over 15 years grows into ₹40.7L — sovereign-guaranteed, tax-free at every stage. Compounding is mild in early years and accelerates later; PPF is built for the patient.
What if you…
Extended by a 5-year block (20 yrs)
₹66.6L
+₹25.9L
Maxed at ₹1.5L/year (Section 80C cap)
₹40.7L
Contributed only ₹50K/year
₹13.6L
-₹27.1L
Educational illustration. Assumes a constant Government-declared rate compounded annually, with contributions at the start of each financial year. PPF is tax-free under Section 80C (EEE). Actual rates revise quarterly.
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Inputs
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Maximum allowed under PPF rules is ₹1,50,000 per financial year. Minimum is ₹500.
Current Government rate is 7.1% (FY 2025–26). The Govt revises it quarterly — adjust here if the rate changes.
PPF has a 15-year minimum lock-in. You can extend in blocks of 5 years (20, 25, 30…) without withdrawing.
Growth chart
How your PPF builds, year by year
Worked example
₹1,50,000 deposited every year for 15 years at 7.1%
Invested: ₹22,50,000 · Tax-free interest earned: ₹18,18,209
Maxing out PPF at ₹1.5 lakh per year for 15 years compounds to ₹40.68 lakh at the current 7.1% rate. Every rupee of that — contribution, interest and maturity — is tax-free under the EEE regime, making PPF one of the best risk-free instruments in India.
Current Government rate of 7.1% held constant; deposits made before 5 April each year.
Frequently asked questions
Real answers to the questions people search before using this calculator.
What is the current PPF interest rate?
PPF currently pays 7.1% per annum, compounded annually. The rate is reviewed by the Government every quarter, but has remained at 7.1% for several years. Interest is calculated on the lowest balance between the 5th and last day of each month.
What is the PPF investment limit and lock-in period?
You can invest between ₹500 and ₹1.5 lakh per financial year in a PPF account. The mandatory lock-in is 15 financial years from account opening, after which the account can be extended in 5-year blocks indefinitely with or without further contributions.
Is PPF interest tax-free?
Yes — PPF is one of the few EEE (Exempt-Exempt-Exempt) instruments in India. Contributions get 80C deduction up to ₹1.5 lakh (Old Regime), the annual interest is tax-free, and the maturity amount is also tax-free, in both Old and New Regimes.
When should I deposit in PPF to maximise interest?
Deposit before the 5th of every month, ideally on the 1st or before 5 April for annual lumpsum. PPF interest is calculated on the lowest balance between the 5th and end of each month, so depositing later in the month means you lose that month's interest.
Can I withdraw from PPF before 15 years?
Partial withdrawal is allowed from the 7th financial year onwards, up to 50% of the balance at the end of the 4th preceding year. Full premature closure is allowed only after 5 years for specific reasons like medical emergency or higher education, with a 1% interest penalty.
PPF vs ELSS — which is better for tax saving?
PPF gives guaranteed 7.1% tax-free returns with a 15-year lock-in. ELSS targets 11–13% equity returns with just a 3-year lock-in but has LTCG tax above ₹1.25 lakh. Use PPF for the safe core and ELSS for the growth portion — they complement each other.