FD / RD / PPF Calculator
Calculate savings maturity amounts with year-by-year breakdown
Total Invested
₹22,50,000
Total Interest
₹18,18,209
Maturity Amount
₹40,68,209
Tax Saved (30% slab)
₹6,75,000
Effective Return
80.8%
Tax Status
EEE (Exempt)
Lock-in
15 Years
Year-by-Year Breakdown
15 years| Year | Deposit | Interest Earned | Closing Balance |
|---|---|---|---|
| Yr 1 | ₹1,50,000 | ₹10,650 | ₹1,60,650 |
| Yr 2 | ₹1,50,000 | ₹22,056 | ₹3,32,706 |
| Yr 3 | ₹1,50,000 | ₹34,272 | ₹5,16,978 |
| Yr 4 | ₹1,50,000 | ₹47,355 | ₹7,14,334 |
| Yr 5 | ₹1,50,000 | ₹61,368 | ₹9,25,701 |
What is PPF (Public Provident Fund)?
PPF is a long-term savings scheme launched by the Government of India (Ministry of Finance) to encourage individual savings and provide retirement security. It offers guaranteed, tax-free returns with full government backing. PPF follows the EEE (Exempt-Exempt-Exempt) tax model — the investment, interest earned, and maturity amount are all completely tax-free.
Current Rate
7.1% p.a.
Lock-in Period
15 Years
Annual Limit
₹500 – ₹1.5 Lakh
Tax Status
EEE — Fully Exempt
EEE Tax Advantage Explained
Exempt on Investment
Deduction under Section 80C (up to ₹1.5L/yr)
Exempt on Interest
Interest earned is not added to taxable income
Exempt on Maturity
Full maturity amount is tax-free in your hands