PPF Calculator — ₹1.5 Lakh Per Year for 15 Years
If you invest ₹1.5 lakh/year in PPF for 15 years at 7.1%, your maturity value will be ₹40.68 lakh — that's ₹18.18 lakh in interest earned on a total deposit of ₹22.50 lakh.
Total Invested
₹22,50,000
Interest Earned
₹18,18,209
Maturity Value
₹40,68,209
PPF interest is compounded annually. Current rate: 7.1% p.a. (Q1 FY 2025-26). Minimum lock-in: 15 years. Interest is fully tax-exempt under Section 10(11).
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Common questions about PPF Calculator — ₹1.5 Lakh Per Year for 15 Years
Is ₹1.5 lakh the maximum PPF contribution?
Yes, ₹1.5 lakh per financial year is the maximum allowed deposit in a PPF account. This also qualifies for full Section 80C deduction. The minimum annual deposit is ₹500.
Is PPF interest fully tax-free?
Yes, PPF falls under EEE (Exempt-Exempt-Exempt) taxation. Your contribution gets 80C deduction, the interest earned is tax-free, and the maturity amount is completely tax-free under Section 10(11).
Can I extend PPF beyond 15 years?
Yes, after the initial 15-year lock-in, you can extend in blocks of 5 years (with or without fresh contributions). Interest continues to accrue at the prevailing rate during extension.