Compute the maturity value of a Public Provident Fund (PPF) account with annual compounding at the prevailing rate.
₹1,50,000/year in PPF for 15 years at 7.1% grows to ₹40,68,209.
Public Provident Fund is India's most trusted long-term, tax-free savings scheme — 15-year lock-in, sovereign-backed, current rate 7.1% p.a. compounded annually. Contributions up to ₹1.5 lakh/year qualify under Section 80C (old regime), interest is exempt, and maturity is exempt — a rare EEE product. Extendable in 5-year blocks indefinitely, with or without fresh contributions.
This calculator projects the year-wise balance and 15-year maturity for any annual contribution. To maximise interest, deposit the full ₹1.5 lakh before 5 April each year — interest is computed on the lowest balance between 5th and last day of each month.
Salaried professional maxes 80C every year with PPF.
| Product | Rate | Tax status | Lock-in |
|---|---|---|---|
| PPF | 7.1% (sovereign) | EEE | 15 yr, extendable |
| EPF | 8.25% | EEE (with conditions) | Till retirement |
| NPS Tier-1 | Market-linked (~10%) | EET | Till 60 |
| ELSS | Market-linked (~12%) | LTCG >₹1.25L @12.5% | 3 yr |
| Tax-free bonds | 5.5–6.5% | Exempt interest | Till maturity |
Depositing on 15th instead of 1st–5th — loses one month of interest.
Withdrawing at 15 years when extension keeps 7.1% tax-free — usually optimal.
Opening in minor's name >₹1.5L combined (parent + minor) — excess earns no interest.
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Deposit ₹1.5 L in first week of April — maximises annual compounding.
Extend for 5 years without contribution at maturity — funds keep earning tax-free.
Use PPF loan facility (Y3–Y6) at 1% above the PPF rate for cheap short-term liquidity.
Currently 7.1% p.a., set quarterly by the Government of India.
No. PPF is EEE — contribution, interest and maturity are all tax-free.
No. The statutory cap is ₹1.5 lakh per financial year across all your PPF accounts.
No. PPF is EEE — contribution, interest and maturity are all tax-free.
via PPF CalculatorNo. The statutory cap is ₹1.5 lakh per financial year across all your PPF accounts.
via PPF CalculatorCurrently 7.1% p.a., set quarterly by the Government of India.
via PPF CalculatorThe bonus / variable pay is shown separately since it is typically paid annually, not monthly.
via In-Hand Salary CalculatorFor pure risk cover, always term insurance. Endowment/ULIPs mix insurance with investment and typically deliver poor returns on both.
via Life Insurance CalculatorThis dataset is free to reference in articles, research and reports. Attribution to Taxpex Consultancy is all we ask. Data last verified 31 July 2026.
Taxpex Consultancy. (2026). PPF Calculator — Taxpex. Retrieved from https://taxpex.com/tools/investment/ppf-calculator<a href="https://taxpex.com/tools/investment/ppf-calculator">PPF Calculator — Taxpex</a> — Taxpex Consultancy