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Modified on : December 24, 2018

PPF (Public Provident Fund) Calculator 2018
For All PPF Account Calculations

PPF Account is a favorite no risk tax saving investment option of Indian tax payers because of its tax benefit under section 80C and non-taxability of interest earned.

The important FAQs of PPF accounts are :

Who decides PPF Interest rate, what is current PPF interest rate and what have been PPF interest rate in past ?

The PPF interest rate is notified by Central Government from time to time and is applicable to all authorised banks and post offices. The current rate is 8.00% p.a. w.e.f. 01.10.2018. The PPF interest rates since 01.04.1986 have been as under:

PeriodInterest RatePeriodInterest Rate
01.04.1986 to 14.01.200012.00 %01.04.2013 to 31.03.20168.70 %
15.01.2000 to 28.02.200111.00 %01.04.2016 to 30.09.20168.10 %
01.03.2001 to 28.02.20029.50 %01.10.2016 to 31.03.20178.00 %
01.03.2002 to 28.02.20039.00 %01.04.2017 to 30.06.20177.90 %
01.03.2003 to 30.11.20118.00 %01.07.2017 to 31.12.20177.80 %
01.12.2011 to 31.03.20128.60 %01.01.2018 to 30.09.20187.60 %
01.04.2012 to 31.03.20138.80 %01.10.2018 onwards8.00 %

How PPF interest is applied and compounded ?

The interest is payable on minimum balance available in the account from 5th to last day of month. The interest is applied on last day of the financial year and is compounded at yearly rests.

How PPF account maturity is calculated ?

As per PPF Rules, PPF account matures after expiry of 15 years from the close of financial year in which the account was opened. Therefore, an account opened on say 10th October 2010, will mature on 1st April 2026 (after expiry of 15 years from the end of financial year in which the account was opened i.e. 31.03.2011) and not on 10th October 2025 (after expiry of 15 years from the date of opening of the account).

What is extension of PPF account ?

On the expiry of 15 financial years from the end of financial year in which the account was opened, a PPF account can be extended for a further period of five years at a time by submitting an application on Form H.

What are tax benefits of investing in PPF account ?

The investment made in a PPF accounts upto prescribed limits are eligible for relief under section 80C of Income Tax Act. The interest earned in a PPF accounts is exempt from Income Tax.

What are special provisions relating to PPF accounts ?

The balance in a PPF account is exempt from Wealth Tax it cannot be attached under a court decree.

What are risks of investing in PPF ?

PPF (Public Provident Fund) is a No Risk investment scheme.

PPF Calculators

Use PPF Calculators for all PPF calculations viz. estimated / actual Interest, Maturity Amount and Return on Investment for 15 / 30 years and available withdrawal / loan from PPF account during current financial year for accounts opened since 01.04.2000 in any authorised bank or Post Office. The calculators have updated interest rates upto 1st October 2018.

PPF Estimated Interest, Maturity value and Return on Investment (RoI) Calculator

Select Investment Mode
Select Financial Year of Account Opening
Select Calculation Period
Opening Balance, if any
Fixed Monthly Investment
Upto FY 2010-11 : ₹ 5,830/- p. m.
FY 2011-12 to FY 2013-14 : ₹ 8,330/- p. m.
FY 2014-15 onwards : ₹ 12,500/- p. m.
Fixed Yearly Investment
Upto FY 2010-11 : ₹ 70,000/- p. a.
FY 2011-12 to FY 2013-14 : ₹ 1,00,000/- p. a.
FY 2014-15 onwards : ₹ 1,50,000/- p. a.
Variable Monthly Investments
Upto FY 2010-11 : ₹ 5,830/- p. m.
FY 2011-12 to FY 2013-14 : ₹ 8,330/- p. m.
FY 2014-15 onwards : ₹ 12,500/- p. m.
Financial YearMonthly depositFinancial YearMonthly depositFinancial YearMonthly deposit
Variable Yearly Investments
Upto FY 2010-11 : ₹ 70,000/- p. a.
FY 2011-12 to FY 2013-14 : ₹ 1,00,000/- p. a.
FY 2014-15 onwards : ₹ 1,50,000/- p. a.
Financial YearYearly depositFinancial YearYearly depositFinancial YearYearly deposit
Date of MaturityTotal Investment
Estimated Maturity ValueReturn on Investment (ROI)
Chart : Year-wise Growth in PPF account
Presumptions made in calculations : View
  • The account is opened during 1st April to 5th April.
  • In case of Yearly investments, the investments are made during 1st April - 5th April every year so that the investments qualify for interests for the whole year.
  • In case of Monthly investments, the investments are made during 1st - 5th of every month so that the investments qualify for interest for the month of investment.
  • Current Interest rate is applied for all future interest calculations.

PPF Actual Interest and Yearly Balance Calculator

This calculator does not make any presumptions regarding date and month of opening of account and date and / or month of making investment. Therefore, the calculations are exact and accurate. Use this calculator to check and verify calculation of Interest and Yearly Balance of your PPF account for any year since 2000-01 on year to year basis. A click or tap on "Calculate for Next Year" button will automatically carry over the Closing Balance of this year as Opening Balance for the next year, change Financial Year and applicable Interest Rate(s).

Select Financial Year
Opening Balance as on 1st April of the Year, if any
MonthInterest rateAmount DepositedWithdrawalEffective Balance *
Upto 5thAfter 5th
Apr. 20187.60
May 20187.60
Jun 20187.60
Jul. 20187.60
Aug. 20187.60
Sep. 20187.60
Oct. 20188.00
Nov. 20188.00
Dec. 20188.00
Jan. 20198.00
Feb. 20198.00
Mar. 20198.00
* The effective balance for interest application is the minimum closing balance between 5th and last date of the month.
Interest for the Financial Year0
Closing Balance for the Financial Year0

PPF Available Loan / Withdrawal Calculator

Select Date of Account Opening
Balance of the Account as on 31.03.2018
Balance of the Account as on 31.03.2015
Maximum Permissible Withdrawal Amount
Withdrawal Rules ( Before Extension ) : View
  1. Withdrawals are available once every year from PPF account after expiry of five years from the end of Financial Year in which the initial deposit was made i.e. withdrawal from PPF account is available from seventh year.
  2. The amount of withdrawal is restricted to 50% of the credit balance at the end of the fourth year immediately preceding the year of withdrawal or the year immediately preceding the year of withdrawal, whichever is lower.
  3. Application in prescribed form ( Form C ) is to be made for withdrawal along with the pass book of the account.
  4. In case, the withdrawal is sought from minor's Account, the guardian has to make a declaration that the money is required for the use/benefit of the minor.
Balance at the start of the extension block of 5 years
Amount withdrawn since start of extension block of 5 years
Maximum Permissible Withdrawal Amount
Withdrawal Rules ( After Extension ) : View
  1. One withdrawal is permitted in every financial year. The total amount of withdrawal is restricted to 60% of the credit balance at the start of the extension block of 5 years.
  2. Application in prescribed form ( Form C ) is to be made for withdrawal along with the pass book of the account.
  3. In case, the withdrawal is sought from minor's Account, the guardian has to make a declaration that the money is required for the use/benefit of the minor.
Balance of the Account as on 31.03.2017
Permissible Loan Amount
Loan Rules View
  1. The loan facility is available any time after expiry of one year from the end of the year in which the initial subscription was made but before expiry of five years from the end of the year in which the initial subscription was made i.e. the loan facility is available during third to sixth financial year of opening the account.
  2. Application in prescribed form ( Form D ) is to be made for loan along with the pass book of the account.
  3. The loan can be taken up to 25% of the amount in the account at the end of the second year immediately preceding the year in which the loan is applied for.
No Loan / Withdrawal is yet available in your account.

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