PPF Calculator
Estimate the maturity value of a Public Provident Fund (PPF) account over its 15-year term, with yearly compounding at the current government rate.
About the PPF Calculator
PPF is a government-backed, tax-free savings scheme with a 15-year lock-in (extendable in 5-year blocks). Deposits qualify for an 80C deduction, and interest — currently 7.1% p.a. — is compounded annually. This calculator assumes a fixed deposit at the start of each year and accumulates the balance across the full term.
Frequently asked questions
- What is the current PPF interest rate?
- The government revises the PPF rate quarterly; it is 7.1% per annum as of FY 2025-26, compounded yearly. You can adjust the rate slider to model other scenarios.
- Is PPF tax-free?
- Yes. PPF falls under the EEE (exempt-exempt-exempt) category: contributions qualify for 80C, and both the interest and the maturity amount are tax-free.