PPF gives you guaranteed 7.1% p.a. returns, complete tax exemption, and government backing. Calculate your maturity amount instantly.
See exactly how your balance compounds each year. This is what makes PPF so powerful over 15+ years.
| Year | Deposited | Interest | Balance |
|---|
At 7.1% tax-free returns. Click any example to try it in the calculator.
Public Provident Fund (PPF) is a long-term savings scheme backed by the Government of India, offering 7.1% interest per annum (FY 2024-25). It has the unique EEE (Exempt-Exempt-Exempt) tax status — contributions get 80C deduction, interest is tax-free, and the entire maturity amount is tax-free.
PPF accounts can be opened at any nationalised bank, HDFC Bank, ICICI Bank, Axis Bank, or any post office. The minimum deposit is ₹500/year and maximum is ₹1,50,000/year.
Balance = (Balance + Deposit) × (1 + rate)
Applied each year for 15+ years. Interest is credited on the lowest balance between 5th and last day of each month.
| Option | Returns | Lock-in | Tax on Maturity |
|---|---|---|---|
| PPF | 7.1% p.a. | 15 years | Tax-Free |
| ELSS | 12–15% p.a. | 3 years | 10% LTCG |
| NSC | 7.7% p.a. | 5 years | Taxable |
| Tax Saver FD | 7–7.5% | 5 years | Taxable |
| LIC | 4–6% | 10–20 yrs | Mostly Free |
Everything you need to know about Public Provident Fund in India
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