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PPF Calculator

Calculate your Public Provident Fund (PPF) maturity value at the current 7.1% interest rate. See your 15-year corpus with year-by-year balance and total tax-free returns.

Enter PPF Details

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Current PPF Rate

7.1% p.a.

₹500₹1.5 L
yr
15 yr (min)50 yr

PPF matures at 15 years and can be extended in 5-year blocks.

PPF Tax Benefits

Sec 80C deduction up to ₹1.5L/yr
Interest is 100% tax-free
Maturity is 100% tax-free (EEE)

PPF Maturity Summary

Total Invested

₹22.50 L

Interest Earned

₹18.18 L

Maturity Value

₹40.68 L

Tax-Free Wealth Created

₹40.68 L

100% exempt from income tax (EEE status)

Year-by-Year PPF Balance

YearInterestBalance
Year 1₹10,650₹1.61 L
Year 2₹32,706₹3.33 L
Year 3₹66,978₹5.17 L
Year 4₹1.14 L₹7.14 L
Year 5₹1.76 L₹9.26 L
Year 6₹2.52 L₹11.52 L
Year 7₹3.45 L₹13.95 L
Year 8₹4.54 L₹16.54 L
Year 9₹5.82 L₹19.32 L
Year 10₹7.30 L₹22.30 L
Year 11₹8.99 L₹25.49 L
Year 12₹10.91 L₹28.91 L
Year 13₹13.07 L₹32.57 L
Year 14₹15.49 L₹36.49 L
Year 15₹18.18 L₹40.68 L

PPF Interest Formula

Formula (Annual Compounding):

Balance (Year n) = Previous Balance + Yearly Deposit + Interest

Interest = (Previous Balance + Yearly Deposit) × Rate / 100

Current Rate: 7.1% per annum (compounded annually)
Lock-in: 15 years | Max Deposit: ₹1,50,000/year

Worked Example

Scenario: ₹1,50,000/year for 15 years at 7.1% p.a.

Annual Deposit₹1,50,000
Total Invested (15 years)₹22,50,000
PPF Interest Rate7.1% p.a.
Total Interest Earned≈ ₹18,18,209
Maturity Value (Tax-Free)≈ ₹40,68,209

PPF Calculator — FAQs

The PPF interest rate for Q1 FY 2025-26 is 7.1% per annum, compounded annually. The rate is reviewed quarterly by the Government of India. It has remained at 7.1% since April 2020.