India’s Public Provident Fund: maturity value on yearly deposits at the current rate.
Result
How to use this tool
Up to ₹1,50,000 a year.
15 years minimum; extend in 5-year blocks after maturity.
The current quarterly PPF rate — editable here.
Total value, amount invested and interest earned.
Formula & worked example
Depositing ₹1,50,000 a year for 15 years at 7.1% (end-of-year deposits) matures to about ₹37,98,515 — invested ₹22,50,000 plus interest of about ₹15,48,515. Beginning-of-year deposits give about ₹40,68,209.
Limitations — read this before you rely on it
India PPF projection at the rate you enter, assuming equal yearly deposits and no withdrawals. The government revises the rate quarterly, so long projections are illustrative; tax law and withdrawal rules can also change.
Frequently asked questions
India's Public Provident Fund: a government-backed, tax-free savings scheme with a 15-year term (extendable in 5-year blocks), currently paying interest revised quarterly.
Recently 7.1% p.a., compounded yearly. It is set by the government and revised quarterly — enter the current rate here.
Minimum ₹500 a year, maximum ₹1.5 lakh a year, in up to 12 instalments. Missing the minimum attracts a small penalty.
Yes — deposits get 80C deduction, interest is exempt, and maturity is exempt (EEE status) under current law.
Partial withdrawals are allowed from year 7, and premature closure after 5 years in specific circumstances (e.g. serious illness, higher education). Otherwise the money is locked for 15 years.