Formula used for PPF Calculation
PPF Maturity Compound Interest Formula
F = P × [({1 + i}n - 1) / i]
F: Maturity Value | P: Annual Installment | i: Interest Rate / 100 | n: Total Years
About Public Provident Fund (PPF)
The Public Provident Fund is a long-term, government-backed savings scheme in India offering fixed, tax-free returns and capital safety. Deposits qualify for deduction under Section 80C, making it a popular retirement and tax-saving investment choice.
How to use this calculator
- Enter your planned Yearly Investment Amount (Minimum ₹500 to Maximum ₹1,50,000).
- Specify the current annual PPF interest rate (set by the Government of India).
- Set the tenure in years (Base lock-in is 15 years, extendable in 5-year blocks).
- Instantly view total capital invested, total interest accrued, and final maturity amount.
Frequently asked questions
What is the lock-in period for a PPF account?
Public Provident Fund (PPF) accounts have a mandatory lock-in period of 15 years. After 15 years, it can be extended in blocks of 5 years.
What is the minimum and maximum investment limit in PPF?
The minimum investment in a PPF account is ₹500 per financial year, while the maximum deposit limit is ₹1,50,000 per financial year.
Is PPF interest tax-free?
Yes, PPF falls under the EEE (Exempt-Exempt-Exempt) tax category. The investment amount, interest earned, and final maturity payout are completely tax-free.