PPF calculator
See what your Public Provident Fund grows to over its 15 years and any extensions.
Maturity value
₹40,68,209
- You deposit
- ₹22,50,000
- Interest earned, tax free
- ₹18,18,209
- Value ÷ deposited
- 1.81×
- Deposited₹22,50,00055%
- Interest₹18,18,20945%
Year by year
| Year | Deposited | Interest | Value |
|---|---|---|---|
| 1 | ₹1,50,000 | ₹10,650 | ₹1,60,650 |
| 2 | ₹3,00,000 | ₹32,706 | ₹3,32,706 |
| 3 | ₹4,50,000 | ₹66,978 | ₹5,16,978 |
| 4 | ₹6,00,000 | ₹1,14,334 | ₹7,14,334 |
| 5 | ₹7,50,000 | ₹1,75,701 | ₹9,25,701 |
| 6 | ₹9,00,000 | ₹2,52,076 | ₹11,52,076 |
| 7 | ₹10,50,000 | ₹3,44,524 | ₹13,94,524 |
| 8 | ₹12,00,000 | ₹4,54,185 | ₹16,54,185 |
| 9 | ₹13,50,000 | ₹5,82,282 | ₹19,32,282 |
| 10 | ₹15,00,000 | ₹7,30,124 | ₹22,30,124 |
| 11 | ₹16,50,000 | ₹8,99,113 | ₹25,49,113 |
| 12 | ₹18,00,000 | ₹10,90,750 | ₹28,90,750 |
| 13 | ₹19,50,000 | ₹13,06,643 | ₹32,56,643 |
| 14 | ₹21,00,000 | ₹15,48,515 | ₹36,48,515 |
| 15 | ₹22,50,000 | ₹18,18,209 | ₹40,68,209 |
How it's worked out
Interest is worked out monthly on the lowest balance between the 5th and the last day of the month, and credited once a year. These sums assume you deposit the full year's amount by 5 April, which earns the most.
Deposit later in the year and the result will be a little lower. The rate is set every quarter and these sums hold it steady.
The formulaBalance each year = (last year's balance + deposit) × (1 + rate).
Common questions
How much can I deposit?
From ₹500 to ₹1.5 lakh a financial year.
Can I keep it going after 15 years?
Yes, in blocks of five years, with or without fresh deposits.
Is the interest taxed?
No, PPF interest and the maturity amount are tax free. Under the old regime, deposits also count toward the ₹1.5 lakh deduction.
More savings & retirement calculators
All calculatorsIllustrative figures only, from the numbers you enter and the assumptions stated above. Rates and rules change, so check them with the provider or a qualified adviser before acting. Arthscan is not a SEBI-registered research analyst or investment adviser, and nothing here is investment advice.