Your plan
PPF rates change quarterly — the interest rate is editable.
What it takes
Invest yearly on 1 April, compounded annually.
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per day
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per month
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per year
Invested —Interest —
The cost of waiting
Daily amount needed to reach your target by your target age, if you start at…
PPF rules you should know
The fine print, in plain language.
You must deposit at least ₹500 per financial year to keep the account active, and you cannot deposit more than ₹1,50,000 per year. Deposits above the cap earn no interest and no tax benefit. If your goal needs more, supplement PPF with instruments like equity mutual funds, NPS or EPF/VPF.
A PPF account matures 15 years after the end of the year it was opened. You can then extend it indefinitely in 5-year blocks, with or without fresh contributions — which is how long horizons like age 20 to 60 work in practice. Partial withdrawals are allowed from year 7.
PPF is Exempt-Exempt-Exempt: contributions qualify for deduction under Section 80C (up to ₹1.5 lakh), interest earned is tax-free, and the entire maturity corpus is tax-exempt. It is also protected from attachment under court decrees.
The government reviews the PPF rate quarterly; it has recently been 7.1% per annum, compounded annually and credited on 31 March. This calculator assumes a constant rate, so treat results as an estimate and revisit as rates move.