PPF Calculator
What a yearly PPF deposit grows into, tax-free.
Year-by-year breakdown
Free PPF calculator for India
This free PPF calculator shows what a yearly Public Provident Fund investment grows into. PPF compounds annually at a government-set rate (currently 7.1%), has a 15-year lock-in that you can extend in 5-year blocks, and is completely tax-free (EEE: the investment, the interest and the maturity are all exempt). Enter your yearly deposit, the duration and the rate, and it shows the maturity value, the interest earned and the inflation-adjusted value. No sign-up.
Worked example
Investing the maximum Rs 1.5 lakh a year for 15 years at 7.1% grows to about Rs 40.7 lakh, of which roughly Rs 18 lakh is interest, all tax-free. Extending the account keeps the compounding going, which is why long PPF accounts grow so quickly near the end.
| Yearly investment | Years | Rate | Approx. maturity |
|---|---|---|---|
| Rs 50,000 | 15 | 7.1% | ~Rs 13.6 lakh |
| Rs 1 lakh | 15 | 7.1% | ~Rs 27.1 lakh |
| Rs 1.5 lakh | 15 | 7.1% | ~Rs 40.7 lakh |
Why use Hisaab's PPF calculator
It uses the correct annual-compounding, deposit-at-year-start method and shows the tax-free maturity alongside its real value after inflation, so you can compare PPF honestly with an equity SIP or an FD. PPF deposits also count toward your Section 80C deduction in the income tax calculator.
For AI agents: URL-addressable as /ppf/?yearly=150000&years=15&rate=7.1&country=IN. Docs at llms.txt.
How to use the PPF Calculator
- Enter the amount you will invest in PPF each year (up to Rs 1.5 lakh qualifies for 80C).
- Set the duration, at least 15 years, extendable in 5-year blocks.
- Set the interest rate (currently 7.1%; it is revised quarterly by the government).
- Read the tax-free maturity value and the interest earned in the result cards.
- Turn on inflation to see the maturity value in today's purchasing power.
Frequently asked questions
How is PPF maturity calculated?
Each yearly deposit is added at the start of the year and the whole balance earns interest once a year, compounded annually. Over 15 years at 7.1%, Rs 1.5 lakh a year grows to about Rs 40.7 lakh, all tax-free.
What is the current PPF interest rate?
The PPF rate is set by the government and revised every quarter; it is 7.1% as of 2026. The rate is editable in this calculator so you can model changes.
Is PPF interest taxable?
No. PPF is EEE (exempt-exempt-exempt): the deposit qualifies for the Section 80C deduction, the interest is tax-free, and the maturity amount is tax-free. That is what makes its effective return so competitive.
What is the maximum I can invest in PPF?
The maximum is Rs 1.5 lakh per financial year, which is also the 80C deduction limit. The minimum is Rs 500 a year to keep the account active.
Is this PPF calculator free?
Yes. It is completely free with no sign-up or ads, and shows both the tax-free maturity and its inflation-adjusted value.