Investing & Savings

PPF Calculator

The Public Provident Fund is a government-backed, tax-free savings scheme in India with a 15-year lock-in. See how your yearly deposits grow at the current PPF rate.

How to use the PPF Calculator

Fill in the fields on the left. Results, charts and the breakdown update instantly as you type or move a slider. Pick your country at the top of the page to switch currency.

Formula

Each year: balance = (balance + deposit) × (1 + rate) Assumes deposit before 5 April each year.

Frequently asked questions

What is the current PPF rate?

The government sets the PPF rate every quarter. It has been 7.1% for several quarters; check the latest rate on the India Post or your bank's website.

Is PPF tax-free?

Yes. PPF is EEE: deposits qualify for 80C (old regime), and interest and maturity are tax-free.

Results are estimates for information only and are not financial, tax or legal advice. Tax rules, interest rates and fees change, so confirm important numbers with your bank, employer or a qualified adviser. Read our disclaimer.