What is the current PPF interest rate?

The government revises the PPF interest rate quarterly. Use the current declared rate for the most accurate estimate, this calculator defaults to a representative 7.1%.

Can I contribute more than ₹1.5 lakh per year?

No, PPF has a statutory annual limit of ₹1,50,000 and a minimum of ₹500 per financial year. Amounts above the limit don't earn interest.

Can I extend PPF beyond 15 years?

Yes, after the initial 15-year lock-in, PPF accounts can be extended indefinitely in blocks of 5 years, with or without further contributions.

PPF Calculator

Calculate the maturity value of a Public Provident Fund (PPF) account.

How this is calculated

Annual deposits compounded annually, deposited at the start of each year

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.
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.

About this calculator

The PPF calculator estimates the maturity value of a Public Provident Fund account based on annual contributions, the government-declared interest rate, and tenure, with a year-by-year growth chart.

Worked example

₹1,50,000/year at 7.1% for 15 years

Result: Maturity value ≈ ₹40,68,209

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