MyFinanceCalculator
About Privacy Terms Contact

PPF Calculator

Plan your tax-free government retirement savings. Adjust annual deposits, interest rates, and extensions to find your final PPF maturity amount.

Parameters

$
Note: The maximum legal investment in PPF is ₹1,500,000 per financial year.
%
Yr
Note: PPF has an initial maturity of 15 years, extendable in blocks of 5 years.

Results Summary

Principal Amount
$2,250,000
Interest Earned
$1,818,209
Maturity Value
$4,068,209
Mathematical Formula

This calculator determines the results based on the following standard financial formula for Public Provident Fund (PPF):

FV = A * [ ( (1 + r)^t - 1 ) / r ] * (1 + r)

Variables Glossary

FV
Future Value of PPF corpus at maturity
A
Annual contribution amount
r
Annual PPF interest rate (decimal)
t
Lock-in period / tenure in years

Assumes contributions are made at the beginning of each financial year, compounding annually.

Frequently Asked Questions
What is PPF (Public Provident Fund)?

Public Provident Fund (PPF) is a popular tax-saving savings scheme backed by the Government of India. It offers guaranteed returns, tax deductions under Section 80C, and tax-free maturity interest (EEE status).

What is the lock-in period of PPF?

PPF has a mandatory lock-in period of 15 years. After 15 years, the account can be extended indefinitely in blocks of 5 years, with or without fresh contributions.

Is there a limit to annual PPF investments?

Yes, you must invest a minimum of ₹500 and a maximum of ₹1,50,000 per financial year to keep the PPF account active.

Related Calculators