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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Use this PPF maturity value calculator to see exactly how much your Public Provident Fund will grow over 15 years. Enter your yearly deposit, and the tool instantly shows your total corpus, interest earned, and tax savings under Section 80C.
A PPF maturity value calculator is an online tool that computes the total corpus you will receive at the end of your 15-year PPF tenure, based on your yearly deposit and the applicable interest rate.
PPF — Public Provident Fund — is one of India’s most trusted long-term savings schemes. It is backed by the Government of India and offers guaranteed, tax-free returns. The interest rate is set by the government every quarter. For FY2025–26, the rate stands at 7.1% per annum, compounded annually.
You can open a PPF account at SBI, HDFC Bank, ICICI Bank, Post Offices, and most nationalised banks. The minimum deposit is ₹500 per year. The maximum is ₹1.5 lakh per year. Investments qualify for deduction under Section 80C of the Income Tax Act. Learn more about PPF rules directly on the Income Tax India official website.
The PPF maturity value is calculated using compound interest. The formula looks technical, but the PPF maturity value calculator above does all the heavy lifting for you.
📐 Formula: M = P × [{(1 + r)ⁿ – 1} / r] × (1 + r)
Where: M = Maturity Value | P = Yearly Deposit | r = Annual Interest Rate (decimal) | n = Number of Years (15)
Interest is calculated on the minimum balance between the 5th and last day of each month. So depositing before the 5th of April every year gives you interest for the entire year. Miss that date and you lose one month’s interest.
The PPF interest is credited to your account on 31st March every financial year. It is completely exempt from income tax — no TDS, no wealth tax, no capital gains tax. This is the famous EEE (Exempt–Exempt–Exempt) status that makes PPF so popular.
Here are three ready-reckoner results from the PPF maturity value calculator at 7.1% interest rate over 15 years. These cover common investment amounts for salaried Indians.
| Yearly Deposit | Total Invested | Interest Earned | Maturity Value |
|---|---|---|---|
| ₹50,000 | ₹7,50,000 | ₹5,73,070 | ₹13,23,070 |
| ₹1,00,000 | ₹15,00,000 | ₹11,46,140 | ₹26,46,140 |
| ₹1,50,000 | ₹22,50,000 | ₹18,18,209 | ₹40,68,209 |
Notice how at the maximum deposit of ₹1.5 lakh per year, you earn ₹18.18 lakh in tax-free interest. That is almost 81% of what you actually put in. All of this is completely yours — no tax at any stage.
Use the free PPF maturity value calculator above to check your specific numbers.
Here is how a ₹1,50,000 yearly deposit grows over 15 years at 7.1%. The PPF maturity value calculator tracks this automatically, but this table gives you a feel for the compounding curve.
| Year | Deposit (₹) | Interest (₹) | Balance (₹) |
|---|---|---|---|
| 1 | 1,50,000 | 10,650 | 1,60,650 |
| 3 | 1,50,000 | 33,469 | 5,25,422 |
| 5 | 1,50,000 | 58,983 | 9,38,262 |
| 10 | 1,50,000 | 1,27,040 | 21,82,408 |
| 15 | 1,50,000 | 2,51,984 | 40,68,209 |
The interest in Year 15 alone is ₹2.51 lakh — almost double what you earned in Year 5. That is compounding doing its job in the final years. Starting early matters more than anything else.
Your PPF maturity value is not fixed forever. Several things can change what the PPF maturity value calculator shows you.
A few smart habits can meaningfully increase the number your PPF maturity value calculator shows at the end of 15 years.
Deposit early in the financial year. April 1–5 is your window. Depositing the full ₹1.5 lakh before April 5th earns you 12 months of interest in that year. Wait until March and you earn interest for just one month on that year’s deposit.
Don’t stop at 15 years. Extend for another 5 years with fresh deposits. The PPF maturity value calculator shows that a ₹1.5 lakh/year investment over 20 years at 7.1% grows to roughly ₹66 lakh. Over 25 years, it crosses ₹1 crore.
Combine PPF with other Section 80C investments wisely. The ₹1.5 lakh 80C limit is shared across ELSS, EPF, LIC, and PPF. If your EPF already uses part of that limit, allocate the rest to PPF for guaranteed returns. Compare options with our ELSS vs PPF calculator and our Section 80C deduction calculator.
Open a PPF account for your minor child. Parents can open and contribute to a PPF account in a minor’s name. The deposits count towards the parent’s ₹1.5 lakh limit, but the child’s account starts building a corpus from day one.
Also check our FD vs PPF calculator to see how PPF stacks up against fixed deposits on an after-tax basis — the difference is striking.
Tax calculations are indicative. Consult a CA for your specific situation.
A: A PPF maturity value calculator shows your total corpus at the end of 15 years (or any extended tenure). It breaks down your total investment, total interest earned, and the final tax-free maturity amount — all based on your yearly deposit and the applicable interest rate.
A: The calculator uses a fixed rate for the entire tenure. In reality, the government revises the PPF rate every quarter. The result is an estimate. If rates go up, your actual maturity value will be higher. If rates fall, it will be lower. Use the calculator as a planning guide, not a guarantee.
A: If you invest ₹1,000 per month (₹12,000 per year) at 7.1% for 15 years, your PPF maturity value is approximately ₹3.18 lakh. Total investment: ₹1.8 lakh. Interest earned: ₹1.38 lakh. Use the PPF maturity value calculator above to check different monthly amounts.
A: Yes. PPF enjoys EEE tax status — Exempt at investment (Section 80C deduction up to ₹1.5 lakh), Exempt on interest earned each year, and Exempt at maturity. There is no TDS, no capital gains tax, and no wealth tax on PPF. This is what makes the maturity value so valuable compared to taxable instruments like FDs.
A: Yes. After 15 years, you can extend your PPF in 5-year blocks. Simply enter 20 or 25 years in the PPF maturity value calculator above to model your extended corpus. If you extend without fresh deposits, the existing balance continues to earn interest — the calculator can model that too.
Bookmark this page to quickly access the PPF maturity value calculator whenever you review your annual investment plan — especially before April 5th each year.
