What is PPF?

PPF (Public Provident Fund) is a government-backed long-term savings scheme with a 15-year tenure. It offers guaranteed returns, tax-free interest, and tax deduction under Section 80C. It's one of the safest investment options in India.

PPF Key Features

• Tenure: 15 years (extendable in 5-year blocks)
• Interest Rate: Currently 7.1% (revised quarterly)
• Minimum Investment: ₹500/year
• Maximum Investment: ₹1,50,000/year
• Tax: EEE — Exempt on investment, interest, and maturity
• Lock-in: 15 years (partial withdrawal from year 7)

PPF Interest Calculation

PPF interest is compounded annually. The formula:

Maturity = Σ [Investment × (1 + R)^remaining_years]

It's easier to use our calculator than to compute manually.

Example: ₹1,50,000/year for 15 years at 7.1%

• Total invested = ₹22,50,000
• Interest earned = ~₹18,18,000
• Maturity amount = ~₹40,68,000

Completely tax-free!

PPF vs Other Tax Saving Options

• PPF: Safe, tax-free, 15-year lock-in
• ELSS: Market-linked, 3-year lock-in
• NSC: 5-year, similar returns
• Tax Saver FD: 5-year, taxable interest

Who Should Invest in PPF?

Anyone looking for safe, long-term, tax-free returns. Ideal for retirement planning and for those uncomfortable with market volatility.

Why Use Our PPF Calculator?

See exactly how your yearly investment grows over 15 years. Compare with other options and plan your tax-saving strategy.