Public Provident Fund (PPF) Calculator (FY 2024-25)
Compute sovereign-backed retirement compounding under Rule 7(1) of the PPF Scheme 2019. Compare April 5th lump-sum against monthly SIP schedules with complete EEE tax advantage analysis.
Because PPF is exempt at deposit (80C), exempt on accrual, and exempt on withdrawal (`Section 10(11)`), you earn ₹6,78,215 more than a taxable 30% slab bank FD at the same rate!
| Financial Year | Opening Balance | Annual Deposit | Interest Accrued (`7.1%`) | Closing Balance |
|---|---|---|---|---|
| Year 1 | ₹0 | ₹1,50,000 | +₹10,650 | ₹1,60,650 |
| Year 2 | ₹1,60,650 | ₹1,50,000 | +₹22,056 | ₹3,32,706 |
| Year 3 | ₹3,32,706 | ₹1,50,000 | +₹34,272 | ₹5,16,978 |
| Year 4 | ₹5,16,978 | ₹1,50,000 | +₹47,355 | ₹7,14,333 |
| Year 5 | ₹7,14,333 | ₹1,50,000 | +₹61,368 | ₹9,25,701 |
| Year 6 | ₹9,25,701 | ₹1,50,000 | +₹76,375 | ₹11,52,076 |
| Year 7 | ₹11,52,076 | ₹1,50,000 | +₹92,447 | ₹13,94,523 |
| Year 8 | ₹13,94,523 | ₹1,50,000 | +₹1,09,661 | ₹16,54,184 |
| Year 9 | ₹16,54,184 | ₹1,50,000 | +₹1,28,097 | ₹19,32,281 |
| Year 10 | ₹19,32,281 | ₹1,50,000 | +₹1,47,842 | ₹22,30,123 |
| Year 11 | ₹22,30,123 | ₹1,50,000 | +₹1,68,989 | ₹25,49,112 |
| Year 12 | ₹25,49,112 | ₹1,50,000 | +₹1,91,637 | ₹28,90,749 |
| Year 13 | ₹28,90,749 | ₹1,50,000 | +₹2,15,893 | ₹32,56,642 |
| Year 14 | ₹32,56,642 | ₹1,50,000 | +₹2,41,872 | ₹36,48,514 |
| Year 15 | ₹36,48,514 | ₹1,50,000 | +₹2,69,694 | ₹40,68,208 |
📐 Rule 7(1) Statutory Calculation Methodology & Audit Trace
Under Rule 7(1) of the Public Provident Fund Scheme, 2019, interest is calculated on the lowest credit balance between the close of the 5th day and the end of each month.
• In Annual Lump-Sum mode (deposited on or before April 5th), the full contribution `₹$1,50,000` qualifies for 12 months of interest during that financial year.
• In Monthly SIP mode (deposited before the 5th of each month), monthly interest accrues on cumulative monthly balances (`I_month = Balance_min * r / 12`).
Upon reaching the mandatory 15-year maturity (`₹$40,68,208`), the subscriber can submit Form H to extend the account in blocks of 5 years (`20`, `25`, `30` years) with continued contributions, maintaining EEE tax exemption under Section 10(11).
How to Use the PPF Calculator
The PPF Calculator is a free, easy-to-use tool that helps you get accurate results instantly. Simply enter your values in the input fields above and the results will update in real time.
Step-by-Step Guide
- Enter the required values in the input fields provided above.
- Adjust the inputs using the sliders or type directly for precision.
- View the calculated results displayed below the inputs.
- Use the detailed breakdown to understand the numbers better.
Why Use This Calculator?
Manual calculations can be tedious and error-prone. Our ppf calculator uses precise mathematical formulas to give you reliable results in milliseconds. Whether you are planning, comparing options, or just curious, this tool saves you time and effort.