Public Provident Fund
PPF Calculator
15-year sovereign-backed account. Deposits up to ₹1.5 lakh a year, EEE tax status.
Formula
FV = D × [((1 + r)ⁿ − 1) / r] × (1 + r) with the deposit treated as made at the start of each year.
About this calculator
PPF is a 15-year account with the Government of India. Interest is set quarterly by the Ministry of Finance (currently around 7.1%). Contribution, interest and maturity are all tax-exempt (EEE). Partial withdrawals from year 7.