Public Provident Fund Calculator India — 15 Year Maturity 2026
Public Provident Fund · 7.1% p.a. · EEE Tax-Free · Section 80C · 15-Year Lock-in
The 15-year PPF journey has an often-overlooked power: the first 5 years build the base, years 6–10 show momentum, and years 11–15 create the real magic of compounding. A ₹500/month (₹6,000/year) PPF account grows to ₹1,62,900 in 15 years from just ₹90,000 invested — completely tax-free. Explore how your PPF grows year by year with this detailed calculator.
Tax-Free
Tax-Free
Tax-Free
💰 Public Provident Fund Calculator India
Govt revises quarterly. Current rate: 7.1% (FY2025-26)
Base 15 yrs. Extendable in 5-yr blocks (20, 25, 30 yrs)
Triple
Tax-Free
📅 Year-by-Year Breakdown
| Year | Opening Balance | Annual Deposit | Interest Earned | Closing Balance | Withdrawal Eligible |
|---|---|---|---|---|---|
| 1 | ₹0 | ₹50,000 | +₹3,550 | ₹53,550 | 🔒 Locked |
| 2 | ₹53,550 | ₹50,000 | +₹7,352 | ₹1,10,902 | 🔒 Locked |
| 3 | ₹1,10,902 | ₹50,000 | +₹11,424 | ₹1,72,326 | 🔒 Locked |
| 4 | ₹1,72,326 | ₹50,000 | +₹15,785 | ₹2,38,111 | 🔒 Locked |
| 5 | ₹2,38,111 | ₹50,000 | +₹20,456 | ₹3,08,567 | 🔒 Locked |
🧾 80C Tax Benefit Breakdown
📐 PPF Interest Calculation Formula
PPF Maturity Formula (Yearly Compounding):
📖 Example Calculation
Deposit: ₹1,00,000/year | Rate: 7.1% p.a. | Tenure: 15 years
💼 Real Life Use Cases
₹1.5L/yr × 30 yrs @ 7.1% → ₹1.54 Cr tax-free retirement corpus
₹50K/yr from child's birth → ₹27L ready when child turns 15
₹1L/yr × 15 yrs → ₹27L for property purchase, zero tax
30% slab: ₹1.5L deposit saves ₹46,800 tax/year + builds corpus
Frequently Asked Questions
What is the minimum and maximum investment in PPF per year?
Minimum: ₹500 per year (failing to invest minimum causes account to become dormant). Maximum: ₹1,50,000 per year (individual limit — parent + child together still cannot exceed ₹1.5L total per account). Investment can be made in lump sum or up to 12 installments per year.
Can I have multiple PPF accounts?
No — only one PPF account per individual (Rule 3 of PPF Scheme 2019). If duplicate account is discovered, second account is closed and only principal returned (no interest). However, a parent can open one PPF in their name AND one for each minor child — these are separate accounts.
What happens if I don't invest in PPF for a year?
If minimum ₹500 not deposited in any year, account becomes inactive/dormant. Revival: pay ₹500 for each default year + ₹50 revival fee per year of default. Interest continues to accrue even in dormant accounts. Loan and partial withdrawal not available on dormant accounts until revived.
Can I claim section 80C for PPF every year?
Yes — PPF investment up to ₹1.5L is eligible for Section 80C deduction every financial year for the 15-year tenure. At 30% tax slab, ₹1.5L investment saves ₹46,800 tax annually. Over 15 years: ₹7.02L total tax saved — plus EEE tax treatment on interest and maturity. Best 80C returns adjusted for tax.
📌 Key Takeaways
- ✅ Public Provident Fund Calculator India helps compute exact maturity with year-wise interest breakup
- ✅ Current PPF interest rate is 7.1% p.a. for FY2025-26, compounded annually
- ✅ PPF has EEE status — investment, interest, and maturity all completely tax-free
- ✅ Max deposit ₹1.5 lakh per year, minimum ₹500. Up to 12 instalments per year
- ✅ Partial withdrawal allowed from Year 6 onwards, once per year (max 50%)
- ✅ PPF account can be extended in 5-year blocks after 15 years
- ✅ Loan against PPF available from Year 3 to 6 at PPF rate + 1%
- ✅ Sovereign guarantee — zero default risk, backed by Government of India