Project your Public Provident Fund maturity value at the current 7.1% interest rate. Calculate maturity amount after 15 years, post-maturity extensions in 5-year blocks, and the monthly savings required to reach a target corpus.
Step 1. Enter your planned annual PPF contribution (minimum Rs.500, maximum Rs.1.5 lakh).
Step 2. Enter your current PPF balance if you already have an account.
Step 3. Enter years to maturity (0-15 for existing accounts, 15 for new accounts).
Step 4. Enter extension years (in multiples of 5) if you plan to continue beyond 15 years.
Step 5. The calculator projects maturity value and extended corpus at the current 7.1% rate.
With the default inputs loaded in the form, the calculator produces a starting result you can use as a baseline. Change one field at a time to compare a new scenario.
Public Provident Fund (PPF) is India's most popular long-term savings instrument among the middle class, combining guaranteed returns, complete tax exemption on contributions, interest, and withdrawals (EEE status), and sovereign-backed safety.
The PPF interest rate is declared quarterly by the Ministry of Finance. The current rate is 7.1% for Q1 FY 2025-26. Historically rates ranged from 7.1% to 12% over the scheme's history since 1968.
PPF has a mandatory 15-year lock-in from the year of account opening. After 15 years, the account can be extended in 5-year blocks either with or without additional contributions. Withdrawals during the lock-in period are limited.
Section 80C deduction: PPF contributions up to Rs.1.5 lakh per year qualify for the 80C deduction. For taxpayers in the 30% bracket, the deduction saves Rs.45,000 in tax, effectively reducing the investment cost.
Rs.1.5 lakh per financial year (April to March). Minimum contribution is Rs.500 per year. Contributions can be made as a lump sum or in maximum 12 installments in a year.
Partial withdrawal is allowed from the 7th financial year onwards — up to 50% of the balance at the end of the 4th year or the immediately preceding year, whichever is lower. Premature closure is allowed only in specific circumstances (medical emergency, higher education).
Deposit before April 5th each year. PPF interest is calculated on the minimum balance between the 5th and last day of each month. Depositing after the 5th means you lose one month's interest on the new contribution.
PPF: guaranteed 7.1%, zero risk, 15-year lock-in, EEE status, ideal for risk-averse investors. ELSS: market-linked (historically 12-15% CAGR), 3-year lock-in, LTCG taxed at 12.5% above Rs.1.25 lakh, higher return potential with higher risk. Ideal to use both: PPF for debt allocation, ELSS for equity within 80C.
Computes standard and step-up SIP future value, adds existing corpus growth, and adjusts for inflation to show real purchasing power at end of investment period.
Computes FY 2025-26 income tax under both regimes simultaneously. New regime has 87A rebate for taxable income up to Rs.12 lakh (zero tax up to Rs.12.75 lakh gross). Old regime applies all deductions.
Projects EPF corpus using compound interest on current balance plus future contributions with salary growth. Compares against retirement income needs and shows the gap.
Disclaimer: Results from this calculator are for informational and planning purposes only and do not constitute financial, legal, or professional advice. Always verify important calculations with a qualified professional.
