PPF Calculator — Public Provident Fund Scheme Maturity
Simulate 15-year Public Provident Fund (PPF) growth, government notified interest rate (7.1%), and tax-free maturity corpus (EEE).
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Interactive InputsStatutory maximum limit is ₹1,50,000 per financial year under Section 80C.
Current notified Govt. rate: 7.1% (Compounded annually).
PPF has a mandatory 15-year lock-in, extendable in 5-year blocks.
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PPF Corpus Breakdown
Complete 15-Year PPF Schedule
| Year | Opening Balance | Annual Deposit | Interest Earned | Closing Balance |
|---|---|---|---|---|
| Year 1 | ₹0 | ₹1,50,000 | +₹10,650 | ₹1,60,650 |
| Year 2 | ₹1,60,650 | ₹1,50,000 | +₹22,056 | ₹3,32,706 |
| Year 3 | ₹3,32,706 | ₹1,50,000 | +₹34,272 | ₹5,16,978 |
| Year 4 | ₹5,16,978 | ₹1,50,000 | +₹47,355 | ₹7,14,333 |
| Year 5 | ₹7,14,333 | ₹1,50,000 | +₹61,368 | ₹9,25,701 |
| Year 6 | ₹9,25,701 | ₹1,50,000 | +₹76,375 | ₹11,52,076 |
| Year 7 | ₹11,52,076 | ₹1,50,000 | +₹92,447 | ₹13,94,523 |
| Year 8 | ₹13,94,523 | ₹1,50,000 | +₹1,09,661 | ₹16,54,184 |
| Year 9 | ₹16,54,184 | ₹1,50,000 | +₹1,28,097 | ₹19,32,281 |
| Year 10 | ₹19,32,281 | ₹1,50,000 | +₹1,47,842 | ₹22,30,123 |
| Year 11 | ₹22,30,123 | ₹1,50,000 | +₹1,68,989 | ₹25,49,112 |
| Year 12 | ₹25,49,112 | ₹1,50,000 | +₹1,91,637 | ₹28,90,749 |
| Year 13 | ₹28,90,749 | ₹1,50,000 | +₹2,15,893 | ₹32,56,642 |
| Year 14 | ₹32,56,642 | ₹1,50,000 | +₹2,41,872 | ₹36,48,514 |
| Year 15 | ₹36,48,514 | ₹1,50,000 | +₹2,69,694 | ₹40,68,208 |
Example: ₹1.5 Lakh Annual PPF Investment for 15 Years at 7.1%
Depositing the maximum permissible limit of ₹1,50,000 every financial year (before April 5th) at current notified 7.1% interest.
- Annual Deposit:₹1,50,000 / year
- Govt Interest Rate:7.10% p.a.
- Statutory Tenure:15 Financial Years
- Total Capital Deposited:₹22,50,000 (₹22.5 Lakh)
- Tax-Free Interest Earned:₹18,18,209
- Maturity Corpus (100% Tax-Free):₹40,68,209 (₹40.68 Lakh)
Key Takeaway: Under the Exempt-Exempt-Exempt (EEE) tax status, the entire ₹40.68 Lakh is completely free of income tax and capital gains tax.
How This Calculation Works (Mathematical Formula)
Interest compounded annually, calculated monthly on the lowest balance between the 5th and end of the month.
Frequently Asked Questions
PPF offers Exempt-Exempt-Exempt status: Deposits are exempt under 80C, interest earned is tax-exempt, and the final maturity amount is completely tax-free.
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