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Govt schemes

PPF Calculator

Tax-free maturity over the 15-year lock-in.

How to use this

PPF is a 15-year, government-backed account with tax-free returns (EEE) — a safe base for any portfolio. Invest before the 5th of the month to earn that month’s interest, and note the 15-year lock-in before you commit.

Yearly deposit
Interest rate (p.a.)
Duration
Maturity value
₹40.68L
Invested₹22.5L
Interest₹18.18L

Depositing ₹1,50,000/year at 7.1% for 15 years grows tax-free to ₹40,68,209. PPF has a 15-year lock-in.

Year-by-year breakdown

Your PPF balance at the end of each year

YearInvestedValueInterest
1₹1,50,000₹1,60,650₹10,650
2₹3,00,000₹3,32,706₹32,706
3₹4,50,000₹5,16,978₹66,978
4₹6,00,000₹7,14,334₹1,14,334
5₹7,50,000₹9,25,701₹1,75,701
6₹9,00,000₹11,52,076₹2,52,076
7₹10,50,000₹13,94,524₹3,44,524
8₹12,00,000₹16,54,185₹4,54,185
9₹13,50,000₹19,32,282₹5,82,282
10₹15,00,000₹22,30,124₹7,30,124
11₹16,50,000₹25,49,113₹8,99,113
12₹18,00,000₹28,90,750₹10,90,750
13₹19,50,000₹32,56,643₹13,06,643
14₹21,00,000₹36,48,515₹15,48,515
15₹22,50,000₹40,68,209₹18,18,209
Partner offer
Open a PPF account online
Tax-free returns under Section 80C.

Know the scheme: Public Provident Fund (PPF)

Interest rate7.1% p.a., compounded annually (set quarterly by the government)
Tenure15 years, extendable in 5-year blocks
Deposit₹500 min – ₹1.5 lakh max per financial year
Who can openResident individuals; a guardian can open for a minor. No joint, HUF or new NRI accounts
Tax benefitSection 80C on deposits; interest and maturity fully tax-free (EEE)
Where to openAny post office or authorised bank (SBI, HDFC, ICICI, etc.)

Deposits & interest

  • Interest is calculated on the lowest balance between the 5th and the end of each month — deposit before the 5th to earn that month’s interest.
  • Deposit any amount in multiples of ₹50, in up to any number of instalments a year.
  • If you skip the ₹500 minimum in a year, the account goes dormant; revive it with ₹500 per missed year plus a ₹50 fee.

Loans & withdrawals

  • Loan facility from the 3rd to 6th year — up to 25% of the balance two years prior, at 1% interest if repaid within 36 months.
  • One partial withdrawal a year from the 7th year — up to 50% of the balance at the end of the 4th preceding year.
  • Premature closure is allowed after 5 years for medical treatment, higher education or NRI status change, with a 1% interest penalty.

Maturity & extension

  • At 15 years, withdraw everything tax-free, or extend in 5-year blocks — with or without fresh deposits.
  • Extended without deposits: any amount can be withdrawn once a year.
  • Nomination is available, and the account can be transferred between post offices and banks.

Frequently asked

What is the current PPF interest rate?
PPF pays 7.1% a year (compounded annually) for FY 2025-26, with a 15-year lock-in and fully tax-free maturity.
Is the PPF Calculator free to use?
Yes — every Arthly calculator is free, with no sign-up or app install required.
How accurate is the PPF Calculator?
It uses standard financial formulas and current FY 2025-26 rates. Results are estimates to help you plan, not personalised financial advice — confirm details with your bank, fund or the relevant department.