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Public Provident Fund Interest Calculator

PPF is a scheme of the Central Government of India for the investment which not only generates guaranteed returns but also gives tax rebate under section 80C of Income Tax. PPF account can be opened for a minimum period of 15 years. Minimum deposit under this account is Rs 500/- and maximum is Rs 1.5 lakh per year.

Interest earned on the PPF account can be redeemed only after maturity. Loan and partial withdrawal are available facilities in PPF account.

With the help of following PPF Calculator, you can come to know about the maturity value of your investment. Please note that we have considered a fixed amount per year which is deposited before 5th of April every year in order to get maximum benefit of earning interest. We have also made the calculations based on prevailing interest rate offered by PPF i.e. 8.1% per year compounded annually for next 15 years.

This calculator also tells the loan amount and partial withdrawal of PPF amount.

Points to Keep in Mind regarding Interest Earned on PPF Account

  • Interest Earned on PPF Account is completely tax free income under Section 10 (11) of the Income Tax Act.
  • You can invest upto Rs 1.50 lakhs p.a. in your PPF account whose interest is calculated at the prevailing rate on monthly basis on the lowest balance between the end of the 5th day and last day of month.
  • You receive benefit of annual compounding of interest under your PPF Account.
  • You can achieve some of your long term financial goals like child's marriage, purchase of valuable asset, etc. by investing in your PPF account and earning tax free interest on such investment.

PPF Calculator

PPF Calculator

PPF Balance (₹) Over the Year