Reviewed by Artha Research·Last updated 8 April 2026
PPF Calculator
Calculate PPF maturity with the current government rate and the ₹1.5L annual contribution cap.
PPF details
PPF caps contributions at ₹1.5L per year and has a 15-year minimum tenure.
PPF maturity amount
₹40.7L
₹40.68L tax-free corpus
Over 15 years at 7.1%, your ₹22.5L contribution becomes ₹40.68L — entirely tax-free.
PPF is a solid fixed-income backbone, but pair it with equity for long-horizon growth.
Total contribution
₹22.5L
Interest earned
₹18.2L
Maturity amount
₹40.7L
Tax saved via 80C
₹45K
Assumes 30% marginal rate in the old regime.
PPF balance over time
Contributions + interest compounded annually.
You're using the full ₹1.5L 80C limit via PPF
PPF is one of the best uses of the 80C window — tax-free interest, tax-free maturity (EEE), backed by the Government of India.
Next best actions
The result hints at what to look at next. Each link carries your current numbers so you never re-enter them.
At a glance
- What it does
- Projects the maturity of a Public Provident Fund (PPF) account at the current government rate, with the ₹1.5L annual cap enforced.
- Current rate
- 7.1% per year (Q4 FY 2025-26, subject to quarterly revision by the Ministry of Finance).
- Typical output
- ₹1.5L/year for 15 years at 7.1% becomes ~₹40.68L, all tax-free under Section 10(11).
- Best used for
- Building the debt portion of a long-term portfolio with guaranteed, tax-free, Government-backed returns.
How It Works
This is the drill-down layer. The flagship flow leads with a recommendation, and this page lets you inspect the underlying model.
- Each year: balance += contribution, then balance += balance × rate.
- Contributions are capped at ₹1.5L/year combined across all PPF accounts.
- Returns are tax-free under Section 10(11) — EEE status (contribution exempt, interest exempt, maturity exempt).
Assumptions
The recommendation stays blunt, but the assumptions remain visible.
- Interest is compounded annually on the end-of-year balance (a simplification of the actual monthly minimum-balance rule).
- The government revises the PPF rate quarterly; this tool uses a fixed rate for the full tenure.
- 80C tax savings assume a 30% marginal rate and full claim in the old regime.
FAQ
The follow-up questions people usually ask after the main recommendation is already clear.
Is PPF really the best tax-free investment?
For debt-allocation it's close to best — Government backing, tax-free interest, and full Section 80C benefit. The downside is a 15-year lock-in and the ₹1.5L annual cap.
Can I extend PPF beyond 15 years?
Yes — PPF can be extended in 5-year blocks indefinitely. You can choose to continue contributing or keep the balance and earn interest without new deposits.
What happens if I contribute more than ₹1.5L?
Banks reject contributions above the cap, and this calculator automatically caps the input. There's no penalty — the extra just doesn't go in.
Sources & references
Every formula and assumption above is grounded in these authoritative sources.
Related tools & decisions
Keep going from here — each link carries the same cluster context.
Sibling tools
Comparison pages