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PPF Calculator (Public Provident Fund Scheme)

Calculate 15-Year PPF Compound Maturity Amount & Tax-Free Interest at 7.1% p.a.

All Calculators (11) How It Works Formula FAQs

PPF Calculator (Public Provident Fund)

Calculate 15-year compound maturity value and 100% tax-free interest under the EEE regime (Current rate: 7.1%).

EEE Tax Free
₹
Years
Total 100% Tax-Free Maturity Value
₹ 40,68,209
Total Principal Deposited ₹ 22,50,000
Total Compounded Interest Earned ₹ 18,18,209
Applicable Government Rate 7.1% p.a. (Annual Compounding)
Claim PPF in ITR
In-Depth Overview

About the PPF Calculator (Public Provident Fund Scheme)

Calculate your 15-year Public Provident Fund (PPF) maturity corpus, annual compound interest accumulation, and tax savings. Understand the triple tax-exempt (EEE) status, maximum annual deposit limits (₹1.5 Lakhs), and extension rules.

Key Capabilities & Features

  • Guaranteed sovereign government backing with 100% capital safety
  • Triple tax-exempt EEE status (tax-free deposit, tax-free interest, tax-free maturity)
  • Models standard 15-year tenure and 5-year extension blocks up to 30 years
  • Incorporates current 7.1% p.a. annual compounding interest rate
  • Assists in Section 80C tax planning and retirement corpus building
Step-by-Step Guide

How Does the PPF Calculator Work?

Follow these simple steps to obtain instant, legally validated mathematical and tax calculations.

1

1. Enter Annual Deposit Amount

Input your annual contribution (minimum ₹500, maximum ₹1,50,000 per financial year).

2

2. Select Tenure in Years

Select tenure (standard minimum lock-in is 15 years, extendable in blocks of 5 years up to 30 years).

3

3. View Total Maturity Corpus

View total principal deposited, total compounded interest earned, and final tax-free maturity balance.

4

4. Maximize 80C Tax Savings

Claim up to ₹1.5 Lakhs tax deduction annually under Section 80C in your Old Tax Regime filing.

Mathematics & Law

Formula & Calculation Logic

Mathematical Formula
Maturity Balance = (Opening Balance + Annual Deposit) × (1 + r)^n, where r = 7.1% p.a. compounded annually

Public Provident Fund (PPF) is a government-backed 15-year long-term savings scheme. Interest is compounded annually at the prevailing sovereign rate (currently 7.1% p.a.). PPF enjoys EEE (Exempt-Exempt-Exempt) tax status: deposits qualify for Section 80C deduction up to ₹1.5 Lakhs/year, interest earned is 100% tax-free, and maturity proceeds are completely tax-free.

Expert Advisory Recommendation:

Online estimations provide mathematical clarity, but real-world filing involves matching multiple source ledgers (AIS/TIS, Form 26AS, GSTR-2B, broker P&L). Consult with an EasyFile Tax Specialist before submitting statutory tax returns to avoid mismatch intimations.

Got Questions?

Frequently Asked Questions

Expert answers on statutory compliance, exemptions, and calculation rules.

To earn maximum monthly interest, always deposit your PPF funds on or before the 5th of each month. Interest is calculated on the minimum balance between the 5th and the last day of the month.

Yes. Upon completing 15 years, you can extend your PPF account indefinitely in blocks of 5 years, with or without making additional contributions, while continuing to earn tax-free interest.

No! PPF interest is 100% exempt from income tax under Section 10(11). However, it must be reported under the 'Exempt Income' schedule in your annual ITR.

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