PPF Calculator with Yearly Breakdown
Yearly Breakdown
| Year | Amount Deposited (₹) | Interest Earned (₹) | Year End Balance (₹) |
|---|
The Public Provident Fund (PPF) is one of India’s most popular long-term savings schemes, offering tax-free returns under Section 80C. With a current interest rate of 7.1% (2024-25), PPF is a safe investment backed by the Government of India.
Use our free PPF calculator to estimate your maturity amount, interest earned, and yearly growth.
How to Use the PPF Calculator
Simply enter:
✔ Yearly Investment (Min ₹500, Max ₹1.5 lakh)
✔ Investment Tenure (15 years minimum, extendable in blocks of 5 years)
✔ Current PPF Interest Rate (7.1% for 2024-25)
The calculator will display:
✅ Total Investment
✅ Total Interest Earned
✅ Maturity Value
✅ Year-by-Year Breakdown
Why Use a PPF Calculator?
A PPF account calculator helps you:
🔹 Plan long-term savings for retirement, education, or major expenses
🔹 Compare PPF returns with other fixed-income investments
🔹 Optimize tax savings under Section 80C
🔹 Track yearly growth with a detailed breakdown
Current PPF Interest Rate (2024-25)
The PPF interest rate is 7.1% (Q1 2024-25), revised quarterly by the Government of India. Historically, PPF rates have ranged between 7-8%.
📌 Check latest PPF rates here: RBI Official PPF Rates
PPF Calculation Formula
The PPF maturity amount is calculated using:
Copy
Maturity = P × [ ( (1 + r)^n - 1 ) / r ] × (1 + r)
Where:
- P = Annual Investment
- r = Interest Rate
- n = Investment Tenure
PPF vs Other Investments
| Investment | Interest Rate (2024) | Tax Benefits | Lock-in Period |
|---|---|---|---|
| PPF | 7.1% | EEE (Tax-Free) | 15 Years |
| FD | 6-7.5% | Taxable | 1-10 Years |
| NPS | 9-12% | Partial Tax-Free | Till Retirement |
| SSY | 8.2% | EEE (Tax-Free) | 21 Years |
🔗 Read More: PPF vs FD vs NPS – Which is Best?
FAQs on PPF Calculator
1. What is the PPF interest rate for 2024-25?
The PPF account rate of interest is 7.1% for April-June 2024.
2. Can I withdraw PPF before 15 years?
Partial withdrawals are allowed after 6 years.
3. Is PPF better than FD?
✅ PPF offers tax-free returns, while FD interest is taxable.
4. How much will ₹1.5 lakh/year grow in PPF?
Use our PPF interest rate calculator to check maturity for any amount.
Final Thoughts
A PPF calculator India helps investors make informed decisions. With guaranteed returns and tax benefits, PPF remains a top choice for risk-free wealth creation.
📌 Open a PPF Account Online: SBI PPF Account | Post Office PPF