Tax-free returns under Section 80C • Govt-backed
Maturity Amount
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Total Invested
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Interest Earned
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A PPF calculator 1000 per month shows you exactly how much your small monthly savings grow over 15 years in the Public Provident Fund. Even ₹1,000 a month can build a surprisingly large, tax-free corpus. Try the free tool above to check your numbers instantly.
A PPF calculator is a free online tool that computes your Public Provident Fund maturity amount, total interest, and yearly balance based on how much you invest and for how long.
PPF — Public Provident Fund — is a government-backed savings scheme run through banks like SBI, HDFC, and ICICI, and through post offices. It has a lock-in of 15 years and currently earns 7.1% per annum, compounded annually. The rate is set by the government every quarter — check the latest rates on RBI’s website.
The best part? Returns are fully exempt from income tax under Section 80C of the Income Tax Act. This is what makes PPF one of the most popular long-term savings options in India. As of FY2025-26, the PPF falls under the EEE category — meaning your deposit, interest earned, and maturity amount are all tax-free.
PPF interest is calculated on the minimum balance between the 5th and the last day of each month. So always deposit before the 5th to earn interest for that month — a small habit that makes a real difference over 15 years.
📐 Formula: M = P × [((1 + r)^n – 1) / r] × (1 + r)
Where: M = Maturity amount | P = Monthly deposit | r = Monthly interest rate (annual rate ÷ 12) | n = Total months (15 years = 180 months)
For a PPF calculator 1000 per month scenario: P = ₹1,000, annual rate = 7.1%, so monthly rate = 7.1% ÷ 12 = 0.5917%, and n = 180. The compounding happens annually, not monthly — but depositing monthly still builds your corpus steadily throughout the year.
Manual calculation is tedious. That is exactly why using a PPF calculator 1000 per month saves time and removes errors. Use the free tool above for instant results.
Using the PPF calculator above takes under a minute. Here is how to do it, step by step.
The PPF calculator 1000 per month gives clear numbers for the base scenario and variations. Here are three scenarios at 7.1% per annum over 15 years so you can pick the one closest to your plan.
| Monthly | Deposited | Interest | Maturity |
|---|---|---|---|
| ₹500 | ₹90,000 | ₹72,800 | ₹1,62,800 |
| ₹1,000 | ₹1,80,000 | ₹1,45,600 | ₹3,25,600 |
| ₹2,000 | ₹3,60,000 | ₹2,91,200 | ₹6,51,200 |
As you can see, doubling your monthly contribution doubles both the interest and the maturity amount. The PPF calculator 1000 per month result of roughly ₹3.25 lakh is a solid start — especially for someone just beginning their savings journey on a ₹5L or ₹10L annual salary.
And remember — all of this ₹1.45 lakh in interest is completely tax-free. No TDS, no capital gains tax, nothing.
Compounding takes time to show its real magic. In the first few years, growth looks slow. But from Year 10 onwards, the interest earned each year starts to exceed your annual deposit. That is the power this PPF calculator 1000 per month reveals.
| Year | Deposited | Balance |
|---|---|---|
| 1 | ₹12,000 | ₹12,828 |
| 3 | ₹36,000 | ₹40,382 |
| 5 | ₹60,000 | ₹71,743 |
| 10 | ₹1,20,000 | ₹1,74,268 |
| 15 | ₹1,80,000 | ₹3,25,600 |
Notice how the balance at Year 10 is already ₹1.74 lakh on a deposit of ₹1.20 lakh. The last 5 years add nearly ₹1.51 lakh in growth alone. Staying patient is the real strategy here.
Your final PPF maturity amount is not just about how much you put in each month. Several things influence the outcome — and knowing them helps you plan better.
Getting the most from your PPF account is less about luck and more about a few smart habits. These tips work whether you are investing ₹1,000 or ₹10,000 a month.
Always deposit before the 5th. Set a standing instruction with your bank — SBI, HDFC, or ICICI all allow auto-debit for PPF. This one habit alone can add thousands to your final corpus.
Invest the maximum when possible. The PPF limit is ₹1.5 lakh per year. If your salary allows, try to step up. Even increasing from ₹1,000 to ₹1,500 per month over time makes a meaningful difference. Use the PPF calculator for 15 years to model different step-up scenarios.
Do not withdraw early. PPF’s real power is uninterrupted compounding. If you need a loan, PPF accounts allow loans from Year 3 to Year 6 at a low interest rate — much better than breaking the account.
Combine PPF with SIP. PPF gives you safe, guaranteed, tax-free returns. Pair it with a SIP calculator to plan equity investments for higher long-term growth. Together, they cover both safety and growth.
Tax calculations shown here are indicative. Consult a CA for your specific situation.
A: Using a PPF calculator 1000 per month at the current interest rate of 7.1% per annum, your maturity amount after 15 years is approximately ₹3.25 lakh. You would have deposited ₹1.80 lakh in total, and the remaining ₹1.45 lakh is interest earned — fully tax-free under the EEE category.
A: Yes, you can invest ₹1,000 per month in a PPF account. The minimum annual deposit is ₹500 (roughly ₹42 per month) and the maximum is ₹1.5 lakh per year. Monthly deposits of ₹1,000 total ₹12,000 per year, which fits comfortably within these limits. Most banks like SBI and HDFC allow standing instructions for automatic monthly transfers.
A: Yes, there is a small difference. If you deposit the full ₹12,000 in a lump sum at the start of April each year, you earn interest on the entire amount for all 12 months. Monthly deposits of ₹1,000 mean some months get less compounding time. The lump-sum approach can yield a few thousand rupees more over 15 years.
A: The PPF calculator 1000 per month helps you see that ₹12,000 deposited annually qualifies for tax deduction under Section 80C of the Income Tax Act, up to the ₹1.5 lakh annual limit. For someone earning ₹10 lakh per year in the 30% tax bracket, maximising the PPF limit saves up to ₹46,800 in taxes per year.
A: After the 15-year lock-in, you have three choices: withdraw the full maturity amount tax-free, extend the account for 5 years without making further deposits (the balance continues to earn 7.1% interest), or extend with continued deposits to keep building the corpus. Each option can be modelled using the PPF calculator above before you decide.
Bookmark this page and use the free PPF calculator 1000 per month tool above every time you want to review your savings plan or test a new monthly amount.
