PPF calculator
See what yearly PPF deposits grow to over 15 years — or longer with extensions.
Example result
- Maturity value
- ₹40,68,209
- Total deposited
- ₹22,50,000
- Interest earned (tax-free)
- ₹18,18,209
Year-by-year
| Year | Deposited | Balance |
|---|---|---|
| 1 | ₹1,50,000 | ₹1,60,650 |
| 2 | ₹3,00,000 | ₹3,32,706 |
| 3 | ₹4,50,000 | ₹5,16,978 |
| 4 | ₹6,00,000 | ₹7,14,334 |
| 5 | ₹7,50,000 | ₹9,25,701 |
| 6 | ₹9,00,000 | ₹11,52,076 |
| 7 | ₹10,50,000 | ₹13,94,524 |
| 8 | ₹12,00,000 | ₹16,54,185 |
| 9 | ₹13,50,000 | ₹19,32,282 |
| 10 | ₹15,00,000 | ₹22,30,124 |
| 11 | ₹16,50,000 | ₹25,49,113 |
| 12 | ₹18,00,000 | ₹28,90,750 |
| 13 | ₹19,50,000 | ₹32,56,643 |
| 14 | ₹21,00,000 | ₹36,48,515 |
| 15 | ₹22,50,000 | ₹40,68,209 |
How this is calculated
The yearly deposit is assumed to be made at the start of each financial year, and interest compounds annually:
Balancey = (Balancey−1 + deposit) × (1 + r)
The default rate is the current notified PPF rate from FID's rates table, with its effective period shown under the field.
Questions
When should I deposit in PPF?
Interest is calculated on the lowest balance between the 5th and the end of each month, so depositing before the 5th — ideally before 5 April for a yearly deposit — earns the most. This calculator assumes the deposit is made at the start of each year.
Does the PPF rate change?
The government reviews small-savings rates every quarter. FID uses the current notified rate as the default; you can change it to test other rates.
Estimates for educational purposes only. Not financial, tax or investment advice.