PPF Calculator
Calculate the maturity value of a Public Provident Fund (PPF) account.
Assumptions used in this calculation
- Deposit timing: Assumes the full annual deposit is made at the start of each financial year, which maximizes interest, actual monthly deposits earn slightly less.India
- Interest calculation: Real PPF interest is computed monthly on the lowest balance between the 5th and last day of the month; this calculator uses a simplified annual model.India · Public Provident Fund Scheme, Ministry of Finance, Government of India
About this calculator
PPF is one of the few investment options in India that combines a government guarantee, tax-free interest, and a long 15-year lock-in, but that same long horizon is exactly why its eventual maturity value is hard to intuit, annual deposits compounding yearly over a decade and a half produce a corpus that's a lot larger than simply multiplying the annual deposit by 15. This calculator projects the maturity value from your annual deposit, the government-declared interest rate and tenure, applying annual compounding on deposits made at the start of each financial year (which maximizes interest, matching how disciplined PPF investors are advised to contribute), and shows a year-by-year growth chart so you can see the balance build. Since PPF's interest rate changes quarterly and the account can be extended past 15 years in 5-year blocks, this gives you a clear estimate to plan around rather than relying on a static rule of thumb.
Worked example
₹1,50,000/year at 7.1% for 15 years
Result: Maturity value ≈ ₹40,68,209
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