See how your Public Provident Fund grows, completely tax-free, over 15 years and beyond. Choose your yearly deposit and watch the balance build year by year.
₹
₹500₹1.5 L
That is about ₹12,500 a month. The yearly limit is ₹1.5 lakh.
% p.a.
6%9%
Set by the government every quarter. Check the current rate before investing.
years
15 yrs50 yrs
15 years is the lock-in. After that you can extend in blocks of 5 years.
Maturity value ₹40,68,209. Invested ₹22,50,000. Interest ₹18,18,209.
Your PPF balance, year by year
Interest is credited every March and compounds every year.
Invested
Balance
Y1Y3Y5Y7Y9Y11Y13Y15
▸Show year-by-year table
PPF balance by year
Year
Deposit
Interest
Balance
1
₹1,50,000
₹10,650
₹1,60,650
2
₹1,50,000
₹22,056
₹3,32,706
3
₹1,50,000
₹34,272
₹5,16,978
4
₹1,50,000
₹47,355
₹7,14,334
5
₹1,50,000
₹61,368
₹9,25,701
6
₹1,50,000
₹76,375
₹11,52,076
7
₹1,50,000
₹92,447
₹13,94,524
8
₹1,50,000
₹1,09,661
₹16,54,185
9
₹1,50,000
₹1,28,097
₹19,32,282
10
₹1,50,000
₹1,47,842
₹22,30,124
11
₹1,50,000
₹1,68,989
₹25,49,113
12
₹1,50,000
₹1,91,637
₹28,90,750
13
₹1,50,000
₹2,15,893
₹32,56,643
14
₹1,50,000
₹2,41,872
₹36,48,515
15
₹1,50,000
₹2,69,695
₹40,68,209
ⓘResults are estimates based on the figures you enter and standard formulas. They are for information only and are not financial, investment, tax or legal advice. Rates and rules change, so confirm with your bank, fund house, employer or tax adviser before you decide. Read the full disclaimer.
How the PPF calculator works
The calculator assumes you deposit the same amount every year on or before 5 April, so each deposit earns interest for the full year. Interest is compounded once a year, which is how PPF credits it. If you deposit later in the year, your actual maturity will be slightly lower.
Balance each year = (previous balance + deposit) × (1 + rate)
PPF maturity at 7.1%
PPF maturity values at 7.1%
Yearly deposit
15 years
20 years
25 years
₹50,000
₹13,56,070
₹22,19,429
₹34,36,005
₹1,00,000
₹27,12,139
₹44,38,859
₹68,72,010
₹1,50,000
₹40,68,209
₹66,58,288
₹1,03,08,015
PPF rules at a glance
Deposit: minimum ₹500 and maximum ₹1.5 lakh in a financial year.
Lock-in: 15 years, extendable in blocks of 5 years.
Tax: deposits qualify for 80C in the old regime; interest and maturity are tax-free.
Liquidity: loans from year 3 to 6, partial withdrawals from year 7.
Where: open at a post office or most banks; only one account per person.
PPF vs FD vs SIP
PPF is government-backed and tax-free, but locked in for 15 years. FDs are flexible but their interest is taxable; see the FD calculator. Equity SIPs can grow faster over long periods but carry market risk; see the SIP calculator.
Last reviewed:
Frequently asked questions
How much will I get if I invest ₹1.5 lakh a year in PPF for 15 years?+
At 7.1% a year, investing ₹1.5 lakh every year for 15 years grows to about ₹40,68,209. You invest ₹22,50,000 and earn ₹18,18,209 in tax-free interest.
What is the PPF interest rate?+
The Ministry of Finance sets the PPF rate every quarter. Interest is calculated monthly on the lowest balance between the 5th and the last day of the month, and credited at the end of the financial year.
Is PPF interest tax-free?+
Yes. PPF has EEE status: deposits qualify for Section 80C (old regime), and both the interest and the maturity amount are tax-free.
Can I withdraw from PPF before 15 years?+
Partial withdrawals are allowed from the 7th financial year, within limits. Loans against the balance are available from the 3rd to the 6th year. Full premature closure is allowed only in specific cases, such as serious illness or higher education, after 5 years.
What happens after 15 years?+
You can withdraw everything, or extend the account in blocks of 5 years, with or without fresh deposits. Your balance keeps earning tax-free interest during the extension.