Public Provident Fund (PPF) Calculator
Calculate your 15-year tax-free maturity corpus, annual interest accrual, statutory loan eligibility, and partial withdrawal limits at the current 7.10% government rate.
Adjust Parameters
Depositing before the 5th of the month maximizes interest earned for that entire month.
Statutory annual limit: Minimum ₹500, Maximum ₹1,50,000 per financial year.
Set quarterly by Ministry of Finance. Current official rate is 7.10%.
PPF accounts mature in 15 full financial years and can be extended in 5-year blocks.
100% Tax-Exempt under EEE (Sec 10(10D))
1.81x growth on deposited capital
15 annual deposits of ₹1,50,000
Under Old Tax Regime (up to ₹1.5L/yr)
Breakdown
Total: ₹40,68,208| Category | Amount | Percentage |
|---|---|---|
| Total Deposits | ₹22,50,000 | 55.3% |
| Tax-Free Interest | ₹18,18,208 | 44.7% |
Yearly PPF Growth, Loan & Withdrawal Schedule
Statutory loan eligibility (Years 3-6) and partial withdrawal limits (Years 7+)
| Year | Opening Balance | Deposit | Interest | Closing Balance | Loan Eligible | Max Withdrawal |
|---|---|---|---|---|---|---|
| Yr 1 | ₹0 | ₹1,50,000 | +₹10,650 | ₹1,60,650 | — | — |
| Yr 2 | ₹1,60,650 | ₹1,50,000 | +₹22,056 | ₹3,32,706 | — | — |
| Yr 3 | ₹3,32,706 | ₹1,50,000 | +₹34,272 | ₹5,16,978 | ₹40,163 | — |
| Yr 4 | ₹5,16,978 | ₹1,50,000 | +₹47,355 | ₹7,14,333 | ₹83,177 | — |
| Yr 5 | ₹7,14,333 | ₹1,50,000 | +₹61,368 | ₹9,25,701 | ₹1,29,245 | — |
| Yr 6 | ₹9,25,701 | ₹1,50,000 | +₹76,375 | ₹11,52,076 | ₹1,78,583 | — |
| Yr 7 | ₹11,52,076 | ₹1,50,000 | +₹92,447 | ₹13,94,523 | — | ₹2,58,489 |
| Yr 8 | ₹13,94,523 | ₹1,50,000 | +₹1,09,661 | ₹16,54,184 | — | ₹3,57,167 |
| Yr 9 | ₹16,54,184 | ₹1,50,000 | +₹1,28,097 | ₹19,32,281 | — | ₹4,62,851 |
| Yr 10 | ₹19,32,281 | ₹1,50,000 | +₹1,47,842 | ₹22,30,123 | — | ₹5,76,038 |
| Yr 11 | ₹22,30,123 | ₹1,50,000 | +₹1,68,989 | ₹25,49,112 | — | ₹6,97,262 |
| Yr 12 | ₹25,49,112 | ₹1,50,000 | +₹1,91,637 | ₹28,90,749 | — | ₹8,27,092 |
| Yr 13 | ₹28,90,749 | ₹1,50,000 | +₹2,15,893 | ₹32,56,642 | — | ₹9,66,141 |
| Yr 14 | ₹32,56,642 | ₹1,50,000 | +₹2,41,872 | ₹36,48,514 | — | ₹11,15,062 |
| Yr 15 | ₹36,48,514 | ₹1,50,000 | +₹2,69,694 | ₹40,68,208 | — | ₹12,74,556 |
How Public Provident Fund (PPF) is Calculated
Transparent mathematical formulas and assumptions used across our financial engines.
Variables & Legend
Conventions & Assumptions
- PPF carries sovereign guarantee and EEE (Exempt-Exempt-Exempt) tax status: investment is deductible under Section 80C, interest earned is tax-free, and maturity proceeds are fully tax-exempt under Section 10(10D).
- Interest is calculated monthly on the lowest balance between the close of the 5th day and the end of the month, but credited annually on March 31st.
- Loan facility is available from the 3rd financial year up to the 6th financial year (capped at 25% of balance at end of 2nd preceding year).
- Partial withdrawal is permitted from the 7th financial year onward (capped at 50% of the balance at end of 4th preceding year or previous year, whichever is lower).
Frequently Asked Questions
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