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PPF Calculator

Updated for FY 2026–27. Last Updated: July 2026. Calculate your Public Provident Fund (PPF) maturity value, annual compound interest, and growth projections.

Last Updated: July 2026Verified By: GSTWaala Editorial Team
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Reviewed: GSTWaala Editorial Team & Investment Planners Updated: July 2026 Rules: Public Provident Fund Scheme 2019 & Section 80C EEE statusFree & No Registration Mobile-Friendly Layout
Disclaimer: Calculations are based on the latest Indian Income Tax provisions (including updates u/s Finance Act 2024). This tool is intended for educational guidance only and does not constitute formal financial, investment, or legal advice.
⚡ Load Example Presets

PPF Investment Inputs

How to Use the PPF Calculator

  1. Enter your expected Annual or Monthly deposit amount (minimum ₹500, maximum ₹1,50,000 per financial year).
  2. Select your Investment Frequency (Monthly deposits or one-time Yearly deposit before April 5th).
  3. Select the duration of your PPF account (standard mandatory period is 15 years).
  4. Specify any Extension Blocks (5, 10, or 15 years) if you plan to extend the account beyond maturity.
  5. Input your current interest rate (defaults to latest government-backed 7.1% p.a.).

Mathematical Formula & Calculations

Reviewed by GSTWaala Editorial Team•Based on Current Ministry of Finance Notifications•Last Updated: July 2026
Editorial Policy:All compounding projections follow PPF Scheme 2019 guidelines and annual compounding standards set by the DEA.
Calculation Accuracy:Projections assume deposits are made before the 5th of each month or on April 5th for maximum compounding benefits.
Disclaimer:PPF interest rates are declared quarterly by the government and are subject to change. Consult a financial planner.

6 Worked Examples of PPF Calculations

Example 1: Entry Level Investor (₹50,000/year)

Scenario: Annual investment: ₹50,000. Interest: 7.1%. Duration: 15 Years.

  • Total Investment: ₹7,50,000
  • Total Interest Earned: ₹6,06,508
  • Maturity Value: ₹13,56,508
Example 2: Moderate Investor (₹1,00,000/year)

Scenario: Annual investment: ₹1,00,000. Interest: 7.1%. Duration: 15 Years.

  • Total Investment: ₹15,00,000
  • Total Interest Earned: ₹12,13,016
  • Maturity Value: ₹27,13,016
Example 3: Maximum Limit Investor (₹1,50,000/year)

Scenario: Annual investment: ₹1,50,000. Interest: 7.1%. Duration: 15 Years.

  • Total Investment: ₹22,50,000
  • Total Interest Earned: ₹18,19,524
  • Maturity Value: ₹40,69,524
Example 4: 20-Year Horizon (5-Year Extension)

Scenario: Annual investment: ₹1,50,000. Duration: 15 Years + 5-Year Extension (Total 20 years).

  • Total Investment: ₹30,00,000
  • Total Interest Earned: ₹36,58,288
  • Maturity Value: ₹66,58,288
Example 5: Child Education Planning (Monthly Deposit)

Scenario: Monthly investment: ₹12,500. Interest: 7.1%. Duration: 15 Years.

  • Total Investment: ₹22,50,000
  • Total Interest Earned: ₹17,73,812
  • Maturity Value: ₹40,23,812
Example 6: Long-term Wealth Builder (30 Years)

Scenario: Annual investment: ₹1,50,000. Extension: 15 Years (Total 30 years).

  • Total Investment: ₹45,00,000
  • Total Interest Earned: ₹1,09,47,022
  • Maturity Value: ₹1,54,47,022

Who Should Use This Tool?

Salaried Employees

Check your accrued gratuity reserves before switching employers, planning early retirement, or negotiating resignation payouts.

HR Professionals

Instantly cross-verify separation final settlements, employee gratuity sheets, and compliance calculations u/s Payment of Gratuity Act.

Employers & Founders

Estimate aggregate future separation gratuity liabilities and structure legal reserve funds for audits or accounting provisions.

Retirement Planners

Factor in tax-exempt separation allowances to map future capital cashflows and retirement wealth strategies.

Employees Changing Jobs

Verify if your service period qualifies for exit gratuity and calculate the tax-free exemption portion of your payout.

Payroll Teams

Ensure separation slips contain precise tax splits (tax-free exemption vs taxable portion) u/s Section 10(10).

PPF Scheme: EEE Status, Compounding Math & Account Projections

1. What is PPF (Public Provident Fund)?

The Public Provident Fund (PPF) is a popular tax-free savings avenue introduced by the National Savings Institute in 1968. Backed by the central government, PPF is a risk-free investment offering guaranteed returns, making it ideal for risk-averse investors and long-term retirement planners.

2. Understanding EEE Tax Status

PPF is one of the few investment instruments in India that carries the prestigious **Exempt-Exempt-Exempt (EEE)** status:

  • Exempt 1 (Investment): Contributions made up to ₹1.5 Lakh are eligible for deduction u/s 80C.
  • Exempt 2 (Accumulation): The interest accrued annually is fully tax-exempt.
  • Exempt 3 (Maturity): The final maturity proceeds are completely tax-free at withdrawal.

3. Compounding Calculations Rule

To maximize PPF compounding interest, deposits should ideally be made **before the 5th of each month**. The interest is calculated on the lowest balance in the account between the 5th day and the last day of the month. Interest is credited to the account once a year on March 31st.

4. Related Investment & Tax Tools

EPF CalculatorGratuity CalculatorCapital Gains Tax CalculatorIncome Tax CalculatorOld vs New Tax Regime80C Deduction Planner

Frequently Asked Questions

Public Provident Fund (PPF) is a popular long-term savings-cum-investment scheme backed by the Government of India, offering attractive interest rates and complete tax exemptions.
The government currently offers an interest rate of 7.1% per annum, compounded annually and set quarterly by the Ministry of Finance.
Any resident Indian citizen can open a PPF account. Parents or legal guardians can also open accounts on behalf of minors.
You must invest a minimum of ₹500 per financial year. The maximum investment is capped at ₹1,50,000 per financial year as per statutory rules.
EEE stands for Exempt-Exempt-Exempt. It means the principal invested is deductible u/s 80C, the interest earned is tax-free, and the final maturity amount is completely tax-free.
A PPF account has a mandatory lock-in period of 15 years. However, partial withdrawals are allowed after completing 5 years of service under specific conditions.
Yes, you can extend your PPF account indefinitely in blocks of 5 years. Extensions can be made either with fresh contributions or without fresh contributions.
Interest is calculated monthly on the lowest balance in the account between the close of the 5th day and the end of the month. Therefore, to maximize interest, deposits should be made before the 5th of each month.
No, joint PPF accounts are not permitted. A PPF account can only be opened in the name of a single individual.
No, NRIs cannot open a new PPF account. However, if an individual became an NRI after opening an account, they can continue to contribute until maturity on a non-repatriation basis.
You can take a loan against your PPF account from the 3rd to the 6th financial year of opening the account. The loan amount is capped at 25% of the balance at the end of the 2nd preceding year.
Yes, partial withdrawals are allowed once every financial year starting from the 7th year. You can withdraw up to 50% of the balance at the end of the 4th preceding year or the preceding year, whichever is lower.
No, Section 87A rebate applies to income tax liabilities, not to PPF investments. However, PPF qualifies for deductions u/s 80C.
Your PPF account will be deactivated. You can reactivate it by paying a penalty of ₹50 for each inactive year along with a minimum deposit of ₹500 for each year.
Yes, you can transfer your PPF account online or offline between banks, post offices, or bank branches without losing interest or maturity benefits.
No, an individual is legally permitted to open only one PPF account in their name. Opening multiple accounts is an offense, and the second account will not earn interest.
Interest earned on PPF accounts is 100% tax-free under current Indian Income Tax rules.
Yes, you can register one or more nominees at the time of opening the account or update it later using the member portal.
Premature closure is allowed only after 5 completed financial years for specific reasons, such as life-threatening diseases of the account holder or dependents, or children's higher education. A 1% interest penalty applies.
Yes, a parent or legal guardian can open one PPF account for a minor child. The combined contribution of the guardian and minor cannot exceed ₹1.5 Lakh per year.

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Compliance Note

All calculations are updated to reflect the tax codes, slabs, and deductions in effect for Financial Year 2025-26 (Assessment Year 2026-27). This tool runs entirely client-side; no data is transmitted or stored on our servers.
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