Finance
PPF Calculator
PPF is India's gold-standard tax-free debt vehicle: EEE status, sovereign-backed, and quietly powerful when held for 25+ years. Set your annual contribution, the prevailing PPF rate, and a tenure of 15 years (or 20/25 to model the 5-year extensions). The calculator shows the full year-wise interest schedule and the maturity corpus that compounds entirely tax-free.
Statutory cap is ₹1.5 lakh per FY.
Government revises this quarterly.
Maturity value
Total invested
₹22,50,000
Tax-free interest
₹18,18,209
Maturity
₹40,68,209
55.3%
44.7%
PPF is EEE — contributions qualify for 80C, interest accrues tax-free, and maturity proceeds are tax-free.
Peak: ₹40,68,209
Year-wise schedule (15 years)
| Year | Investment | Interest | Closing balance |
|---|---|---|---|
| ₹1 | ₹1,50,000 | ₹10,650 | ₹1,60,650 |
| ₹2 | ₹1,50,000 | ₹22,056 | ₹3,32,706 |
| ₹3 | ₹1,50,000 | ₹34,272 | ₹5,16,978 |
| ₹4 | ₹1,50,000 | ₹47,355 | ₹7,14,334 |
| ₹5 | ₹1,50,000 | ₹61,368 | ₹9,25,701 |
| ₹6 | ₹1,50,000 | ₹76,375 | ₹11,52,076 |
| ₹7 | ₹1,50,000 | ₹92,447 | ₹13,94,524 |
| ₹8 | ₹1,50,000 | ₹1,09,661 | ₹16,54,185 |
| ₹9 | ₹1,50,000 | ₹1,28,097 | ₹19,32,282 |
| ₹10 | ₹1,50,000 | ₹1,47,842 | ₹22,30,124 |
| ₹11 | ₹1,50,000 | ₹1,68,989 | ₹25,49,113 |
| ₹12 | ₹1,50,000 | ₹1,91,637 | ₹28,90,750 |
| ₹13 | ₹1,50,000 | ₹2,15,893 | ₹32,56,643 |
| ₹14 | ₹1,50,000 | ₹2,41,872 | ₹36,48,515 |
| ₹15 | ₹1,50,000 | ₹2,69,695 | ₹40,68,209 |
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Frequently asked
- Is PPF interest really tax-free?
- Yes — PPF is one of the few EEE (Exempt-Exempt-Exempt) instruments left. Contributions qualify for 80C, interest is tax-free, and maturity proceeds are tax-free. That's a powerful combination for long-term debt allocation.
- What's the maximum I can invest in PPF per year?
- ₹1.5 lakh per financial year per individual (across all PPF accounts in your name including minor accounts). Anything above this earns no interest and breaks the 80C cap.
- Should I extend after 15 years?
- Often, yes. The first 15 years build the base; later years compound on a much larger balance, which is where most of the tax-free interest is earned. Most planners recommend extending in 5-year blocks at least once.
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