PPF Calculator
Annual investment → 15-year (or longer) tax-free maturity. PPF interest and maturity are fully tax-exempt (EEE).
Statutory limit ₹1.5L / year across all PPF accounts
Current declared rate: 7.1%. Government revises quarterly.
Minimum 15-year lock-in; extendable in 5-year blocks
For the 'in today's ₹' preview only
- • Exempt-Exempt-Exempt (EEE): Deposit, accumulated interest, and maturity withdrawal are all 100% tax-free.
- • Statutory Cap: Maximum ₹1.5 Lakh per financial year across all PPF accounts in your name.
- • Lock-in & Extensions: 15-year initial tenure; extendable indefinitely in blocks of 5 years with or without fresh contributions.
- • Partial Liquidity: Partial withdrawals permitted from the 7th financial year onwards; loan facility available from Year 3 to 6.
- • Sovereign Backing: 100% government guarantee with zero credit or default risk.
📅 Year-by-year PPF compounding schedule
EEE tax-free growth| Year | Deposited | Interest earned | PPF balance |
|---|---|---|---|
| Year 1 | ₹1.50 L | +₹10,650 | ₹1.61 L |
| Year 2 | ₹3.00 L | +₹32,706 | ₹3.33 L |
| Year 3 | ₹4.50 L | +₹66,978 | ₹5.17 L |
| Year 4 | ₹6.00 L | +₹1.14 L | ₹7.14 L |
| Year 5 | ₹7.50 L | +₹1.76 L | ₹9.26 L |
| Year 6 | ₹9.00 L | +₹2.52 L | ₹11.52 L |
| Year 7 | ₹10.50 L | +₹3.45 L | ₹13.95 L |
| Year 8 | ₹12.00 L | +₹4.54 L | ₹16.54 L |
| Year 9 | ₹13.50 L | +₹5.82 L | ₹19.32 L |
| Year 10 | ₹15.00 L | +₹7.30 L | ₹22.30 L |
| Year 11 | ₹16.50 L | +₹8.99 L | ₹25.49 L |
| Year 12 | ₹18.00 L | +₹10.91 L | ₹28.91 L |
| Year 13 | ₹19.50 L | +₹13.07 L | ₹32.57 L |
| Year 14 | ₹21.00 L | +₹15.49 L | ₹36.49 L |
| Year 15 | ₹22.50 L | +₹18.18 L | ₹40.68 L |
The main NetCorpus India planner rolls this into a 50-year retirement plan alongside your loans, EPF, taxes, trips, and life goals.
Public Provident Fund maturity calculator. PPF is one of the few EEE (Exempt-Exempt-Exempt) instruments left in India — contributions, interest, and maturity are all tax-free.
Interest compounds annually (calculated monthly on the lowest balance between the 5th and last day of the month, credited at year-end) at the government-declared rate, revised quarterly. The account has a mandatory 15-year lock-in, extendable indefinitely in blocks of 5 years, with partial withdrawal allowed from year 7.
The statutory maximum of ₹1.5L/year at the current declared rate of 7.1% grows to roughly ₹40.7L over 15 years — of which ₹22.5L is your own contribution and ₹18.2L is entirely tax-free interest.
What's the current PPF interest rate?▾
The government revises the rate quarterly. The calculator defaults to 7.1% (the recently declared rate) — check the latest EPFO/finance ministry notification before relying on it for a real 15-year plan, and adjust the input if it's changed.
Can I have more than one PPF account?▾
No — one PPF account per person (a separate account can be opened for a minor child under guardianship). The ₹1.5L/year cap applies across all your PPF accounts combined, not per account.
What happens after 15 years?▾
You can withdraw the full maturity amount tax-free, or extend the account in 5-year blocks — either continuing to contribute or leaving it untouched while it keeps earning interest.