Is PPF available outside India?

No, the Public Provident Fund is a Government of India savings scheme available only to Indian residents, with no direct equivalent in the US, UK, Canada or Australia.

Does the interest rate change over time?

Yes, the Indian government reviews and can revise the PPF interest rate quarterly. This calculator assumes a constant rate for simplicity.

PPF Calculator

Estimate PPF maturity value from yearly contributions (India only)

Yearly Investment (₹)

₹

Investment Period (Years)

yrs

Interest Rate (%)

What is the PPF Calculator?

The PPF Calculator estimates the maturity value of a Public Provident Fund account based on your yearly contribution, the current interest rate, and the investment period. This calculator is based on India's Public Provident Fund scheme, a government-backed savings product, and is not applicable outside India — there is no direct US, UK, Canadian or Australian equivalent with the same rules or tax treatment.

How to Use the PPF Calculator

Enter your yearly investment — the total amount you plan to deposit into the PPF account each year (minimum ₹500, maximum ₹1,50,000 per the scheme's rules).
Set the investment period — the standard lock-in is 15 years, extendable in blocks of 5 years.
Check the interest rate — pre-filled with the current government-notified rate, but adjust it if the rate has since changed.
Read the result — total amount invested, interest earned, and the projected maturity amount.

PPF Maturity Formula

PPF interest is compounded annually. Each year, the yearly contribution is added to the running balance, and the whole balance then earns interest for the year:

Balance after year = (Previous Balance + Yearly Investment) × (1 + Interest Rate)

This is repeated for each year of the investment period to arrive at the final maturity amount.

Example Calculation

Investing ₹1,00,000 every year for the full 15-year term at 7.1% annual interest builds up to a maturity amount of approximately ₹27,12,139 — total contributions of ₹15,00,000 plus roughly ₹12,12,139 in tax-free interest.

PPF Key Facts (India)

Current interest rate: 7.1% per annum (compounded yearly) — set quarterly by the Indian government and subject to change.
Lock-in period: 15 years, extendable in blocks of 5 years.
Annual investment limit: Minimum ₹500, maximum ₹1,50,000 per financial year.
Tax benefit: Contributions qualify for deduction under Section 80C, and both interest earned and maturity proceeds are completely tax-free (EEE — Exempt, Exempt, Exempt status).

Frequently Asked Questions

No. The Public Provident Fund is a savings scheme run by the Government of India and is only available to Indian residents through authorized Indian banks and post offices. It has no direct equivalent in the US, UK, Canada or Australia.

Partial withdrawals are allowed from the 7th financial year onward, subject to limits. Premature closure is permitted only in specific circumstances such as medical emergencies or higher education, with a penalty on the interest rate.

Yes, the Indian government reviews and can revise the PPF interest rate every quarter. This calculator assumes the rate you enter stays constant for the full period, which is a simplification for estimation purposes.

Results are estimates only, assuming a constant interest rate — actual maturity value depends on the rate declared each quarter by the Government of India.