How to Calculate PPF Maturity Amount in India (With Example)

The Public Provident Fund (PPF) is a long-term, government-backed savings scheme in India with tax benefits. Many people use it for retirement and children's education.

Quick answer

Enter your yearly deposit, the number of years and the interest rate. The calculator compounds yearly, assuming deposits are made at the start of each year, and shows the amount invested, the interest earned and the maturity value.

Key facts about PPF

• Tenure: 15 years, extendable in blocks of five years.
• Deposit limits: a minimum of ₹500 and a maximum of ₹1.5 lakh in a financial year.
• Interest: set by the government every quarter and compounded yearly.
• Tax: deposits qualify for deduction under Section 80C (old regime), and interest and maturity are tax-free.

Worked example

Yearly deposit ₹1,50,000, 15 years, interest 7.1 percent.

• Total invested: ₹22,50,000
• Maturity value: about ₹40.7 lakh
• Interest earned: about ₹18.2 lakh

Steps

1. Enter the annual deposit.
2. Enter the number of years.
3. Enter the current interest rate.
4. Read the invested amount, interest and maturity.

Tips

• Deposit before the 5th of the month (for monthly deposits) so the month counts for interest.
• Depositing the full amount at the start of the year gives slightly more interest than monthly deposits.
• The rate changes; use the latest announced rate.
• Partial withdrawals are allowed from the seventh year.

This is an estimate; check official rates and rules with the post office or bank.