PPF Calculator
See how your yearly PPF contributions grow into a tax-free corpus over the term, with annual compounding.
Maturity amount
—
Frequently asked questions
What is PPF?
The Public Provident Fund (PPF) is a government-backed long-term savings scheme with a 15-year lock-in. It offers tax-free interest and a deduction under Section 80C, making it one of the most popular safe investments in India.
What is the current PPF interest rate?
The PPF rate is set by the government every quarter and is currently around 7.1% a year, compounded yearly. You can change the rate in the calculator if it has been revised.
How much can I invest in PPF each year?
You can invest a minimum of ₹500 and a maximum of ₹1.5 lakh per financial year. Contributions above ₹1.5 lakh do not earn interest.
How is PPF interest calculated?
Interest is compounded annually. Each year your contribution is added and interest is applied on the balance. After the term you receive the full maturity amount, tax-free.