The Public Provident Fund (PPF) is one of India's most trusted tax-saving investments, offering guaranteed returns backed by the Government of India and complete EEE (Exempt-Exempt-Exempt) tax status. Our free PPF calculator shows you exactly how your yearly contributions grow over the mandatory 15-year lock-in period at the current interest rate of 7.1% per annum. The calculator provides a complete year-wise statement showing your opening balance, annual deposit, interest earned, and closing balance for every year — along with the total maturity amount, total interest earned, and a wealth multiplier to help you appreciate the power of compounding.
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Interest Rate
7.1% p.a.
Govt. rate (FY 2024-25)
Lock-in Period
15 Years
Extendable in 5-yr blocks
EEE Tax Status
PPF enjoys Exempt-Exempt-Exempt status: contributions (80C), interest, and maturity are all tax-free.
₹13,56,070
Maturity Amount (after 15 years)
Total Invested
₹7,50,000
Interest Earned
₹6,06,070
Maturity Amount
₹13,56,070
Wealth Multiplier
1.81×
Year-wise Closing Balance
| Year | Opening | Deposit | Interest | Closing |
|---|---|---|---|---|
| Yr 1 | ₹0 | ₹50,000 | ₹3,550 | ₹53,550 |
| Yr 2 | ₹53,550 | ₹50,000 | ₹7,352 | ₹1,10,902 |
| Yr 3 | ₹1,10,902 | ₹50,000 | ₹11,424 | ₹1,72,326 |
| Yr 4 | ₹1,72,326 | ₹50,000 | ₹15,785 | ₹2,38,111 |
| Yr 5 | ₹2,38,111 | ₹50,000 | ₹20,456 | ₹3,08,567 |
| Yr 6 | ₹3,08,567 | ₹50,000 | ₹25,458 | ₹3,84,025 |
| Yr 7 | ₹3,84,025 | ₹50,000 | ₹30,816 | ₹4,64,841 |
| Yr 8 | ₹4,64,841 | ₹50,000 | ₹36,554 | ₹5,51,395 |
| Yr 9 | ₹5,51,395 | ₹50,000 | ₹42,699 | ₹6,44,094 |
| Yr 10 | ₹6,44,094 | ₹50,000 | ₹49,281 | ₹7,43,375 |
| Yr 11 | ₹7,43,375 | ₹50,000 | ₹56,330 | ₹8,49,704 |
| Yr 12 | ₹8,49,704 | ₹50,000 | ₹63,879 | ₹9,63,583 |
| Yr 13 | ₹9,63,583 | ₹50,000 | ₹71,964 | ₹10,85,548 |
| Yr 14 | ₹10,85,548 | ₹50,000 | ₹80,624 | ₹12,16,172 |
| Yr 15 | ₹12,16,172 | ₹50,000 | ₹89,898 | ₹13,56,070 |