Calculate Public Provident Fund maturity with year-wise breakdown
PPF Calculator is a comprehensive financial calculator designed to help you calculate public provident fund maturity with year-wise breakdown. Planning finances requires absolute precision; this calculator provides instant accurate projections for EMIs, compounding, loans, and investment portfolio returns.
Each year, interest is added to the opening balance plus your deposit, then compounded yearly: balance = (previous balance + yearly deposit) × (1 + rate). This calculator uses a fixed 7.1% rate. Depositing ₹50,000 each year for 15 years gives a maturity amount of about ₹13.56 lakh on ₹7,50,000 invested.
The government notifies the PPF rate, which has been reviewed quarterly. This calculator uses a fixed 7.1% and does not fetch current rates, so your actual maturity value will differ if the rate changes. Check the current rate on the India Post or your bank website before relying on the figure.
The PPF limit has been ₹1.5 lakh per financial year, with a minimum of ₹500, but rules can change. If you invest ₹1,50,000 every year for 15 years at 7.1%, this calculator shows about ₹40.68 lakh. Confirm the current limit with your bank or post office.
Under current Indian tax rules, PPF has generally been treated as tax-exempt at the deposit (subject to the old regime limits), interest and maturity stages, which is why it is called EEE. Tax laws change, so verify the current position. This calculator does not compute tax.
Yes, a PPF account can generally be extended in blocks of 5 years after the initial 15-year term, with or without further contributions, subject to the current rules. The tenure slider runs from 15 to 50 years, so you can see how the balance keeps compounding after the first 15 years.
The calculator assumes the whole yearly deposit is made at the start of the year and a constant 7.1% rate. Real PPF interest is calculated monthly on the lowest balance between the 5th and month-end and credited yearly, and rates change. A deposit made later in the year will earn less.
No. Toolskyt operates under a zero-server policy. All calculations, data formatting, and file exports are executed locally on your machine.
No, this tool is 100% free. There are no limits, sign-ups, subscriptions, or hidden charges required.
A reducing interest rate means interest is charged only on the remaining outstanding principal balance at the end of each period, rather than the initial loan amount.