PPF Calculator
Public Provident Fund maturity over the 15-year term, with the year-by-year interest credit.
Result
- Total deposited
- ₹22,50,000
- Rate used
- 7.10%
- Notified rate, reviewed periodically
- Term
- 15 years
| Year | Opening | Deposit | Interest | Closing |
|---|---|---|---|---|
| Year 1 | ₹0 | ₹1,50,000 | ₹10,650 | ₹1,60,650 |
| Year 2 | ₹1,60,650 | ₹1,50,000 | ₹22,056 | ₹3,32,706 |
| Year 3 | ₹3,32,706 | ₹1,50,000 | ₹34,272 | ₹5,16,978 |
| Year 4 | ₹5,16,978 | ₹1,50,000 | ₹47,355 | ₹7,14,334 |
| Year 5 | ₹7,14,334 | ₹1,50,000 | ₹61,368 | ₹9,25,701 |
| Year 6 | ₹9,25,701 | ₹1,50,000 | ₹76,375 | ₹11,52,076 |
| Year 7 | ₹11,52,076 | ₹1,50,000 | ₹92,447 | ₹13,94,524 |
| Year 8 | ₹13,94,524 | ₹1,50,000 | ₹1,09,661 | ₹16,54,185 |
| Year 9 | ₹16,54,185 | ₹1,50,000 | ₹1,28,097 | ₹19,32,282 |
| Year 10 | ₹19,32,282 | ₹1,50,000 | ₹1,47,842 | ₹22,30,124 |
| Year 11 | ₹22,30,124 | ₹1,50,000 | ₹1,68,989 | ₹25,49,113 |
| Year 12 | ₹25,49,113 | ₹1,50,000 | ₹1,91,637 | ₹28,90,750 |
| Year 13 | ₹28,90,750 | ₹1,50,000 | ₹2,15,893 | ₹32,56,643 |
| Year 14 | ₹32,56,643 | ₹1,50,000 | ₹2,41,872 | ₹36,48,515 |
| Year 15 | ₹36,48,515 | ₹1,50,000 | ₹2,69,695 | ₹40,68,209 |
All figures are estimates from the inputs above, not a guarantee of returns and not advice. This models one deposit at the start of each year; PPF actually pays interest on the lowest balance between the 5th and the end of each month, so depositing later in the year earns less. Rates and statutory charges change. Verify current charges with your broker, the exchange and SEBI before relying on these figures.
Estimated from the numbers you entered — not a projection of guaranteed returns. Statutory and exchange rates as of 2026-08.
About this calculator
PPF is a 15-year government scheme where you deposit once or several times a year, interest is compounded annually and the maturity is tax-free under current rules. The interest rate is notified by the government and reviewed periodically — the rate below is only a default, so change it if it has moved. After 15 years the account can be extended in blocks of five years.
Formula
- Balance at end of year = (Opening balance + Deposit) × (1 + r)
- r = annual rate as a decimal, applied for each year of the term
- Interest = Maturity − total deposited
Frequently asked questions
Can the PPF rate change during my 15 years?
Yes. The rate is notified by the government and reviewed periodically, and it applies to your balance for the period it is in force. Treat a single-rate projection as a rough guide.
When should I deposit to earn the most?
Interest is calculated on the lowest balance between the 5th and the last day of each month, so a deposit made before the 5th earns for that month.
Is the maturity amount taxable?
Under current rules PPF is exempt at contribution, accrual and maturity. Tax rules can change, so confirm the position for the year you withdraw.