PPF Calculator

Public Provident Fund (PPF) is a long-term savings scheme offered by the Government of India that provides tax benefits under Section 80C of the Income Tax Act. PPF is one of the most popular tax-saving investment options in India, offering triple tax benefits and guaranteed returns.

PPF Features:

• Lock-in period: 15 years (can be extended in blocks of 5 years)
• Maximum annual deposit: $1,50,000
• Interest rate: Currently 7.1% per annum (compounded annually)
• Tax benefits: Deposits qualify for Section 80C deduction, interest is tax-free, maturity amount is tax-free
• Safety: Backed by the Government of India, making it one of the safest investment options

PPF is ideal for:

• Long-term wealth creation (15+ years)
• Tax-saving under Section 80C
• Retirement planning
• Building a tax-free corpus
• Risk-averse investors seeking guaranteed returns

Our free PPF calculator helps you plan your Public Provident Fund investments by calculating the maturity amount, interest earnings, and tax benefits before you open a PPF account.

Our PPF calculator uses compound interest formula to calculate your Public Provident Fund maturity amount:

PPF Calculation Formula:

Maturity Amount = P × [((1+r)^n - 1) / r] × (1+r)

Where:

• P = Annual deposit amount
• r = Annual interest rate (as decimal, e.g., 7.1% = 0.071)
• n = Number of years (minimum 15)

Example Calculation:

Annual Deposit = $1,50,000

Interest Rate = 7.1% per annum

Tenure = 15 years

Maturity Amount = 1,50,000 × [((1.071)^15 - 1) / 0.071] × 1.071

Maturity Amount ≈ $40,68,209

Total Deposits = $1,50,000 × 15 = $22,50,000

Interest Earned = $40,68,209 - $22,50,000 = $18,18,209

The calculator automatically handles these calculations and shows:

• Total deposits made over 15 years
• Interest earned (tax-free)
• Maturity amount (tax-free)
• Tax benefits under Section 80C

Using a PPF calculator offers several advantages:

Financial Planning: Calculate your PPF maturity amount before opening an account to plan your long-term savings goals. See how much you'll receive at maturity and how much interest you'll earn.

Tax Planning: Understand the tax benefits of PPF investments. Calculate how much you can save in taxes under Section 80C by investing in PPF.

No Login Required: Our PPF calculator is completely free and doesn't require any registration. Use it unlimited times to calculate PPF returns for different scenarios.

Accurate Calculations: Get precise calculations based on standard PPF formulas used by all banks and post offices in India. The calculator accounts for annual compounding.

Flexible Deposits: Calculate PPF returns for different annual deposit amounts (up to $1,50,000). See how varying your deposits affects the maturity amount.

Visual Breakdown: View charts showing total deposits vs interest earned, helping you understand how your PPF grows over 15+ years.

While our calculator does this automatically, here's how PPF maturity is calculated:

PPF Formula:

Maturity Amount = P × [((1+r)^n - 1) / r] × (1+r)

Step-by-Step Calculation:

1. Convert interest rate to decimal: r = 7.1% = 0.071
2. Calculate (1+r)^n: (1.071)^15 = 2.797
3. Calculate numerator: (2.797 - 1) = 1.797
4. Divide by rate: 1.797 / 0.071 = 25.31
5. Multiply by annual deposit: 25.31 × 1,50,000 = 37,96,500
6. Multiply by (1+r): 37,96,500 × 1.071 = 40,68,209

Manual Example:

Annual Deposit = $1,00,000

Rate = 7.1%, Tenure = 15 years

Maturity Amount ≈ $27,12,139

Total Deposits = $15,00,000

Interest Earned = $12,12,139

Our calculator automates this complex calculation, making PPF planning much easier.