The Public Provident Fund (PPF) is India's most popular long-term savings scheme. Calculate how your small yearly contributions grow into a massive, tax-free corpus over 15 years.
Public Provident Fund (Tax Free)
Maturity Amount
₹40,68,209
Total Invested
₹22,50,000
Total Interest
₹18,18,209
The Public Provident Fund (PPF) is a central government-backed savings scheme introduced in 1968. It is designed to encourage small savings and provide a retirement buffer for people who don't have EPF (like freelancers or business owners).
PPF follows the EEE (Exempt-Exempt-Exempt) tax model, which is the highest level of tax benefit available in India.
Investment up to ₹1.5L is deductible under Section 80C.
Interest earned every year is completely tax-free.
The final maturity amount is also 100% tax-free.
"Interest on PPF is calculated on the minimum balance between the 5th and the last day of every month. To maximize your returns, always deposit your PPF amount before the 5th of the month."
Want to see if PPF is better than Mutual Funds for you? Compare these results with our SIP Calculator to see the power of compounding vs tax benefits!