HomeExamplesPPF ₹1.5L/year
WORKED EXAMPLE

PPF at ₹1.5 Lakh Per Year — Full 15-Year Maturity

See exactly what maxing out PPF at ₹1,50,000 per year grows into over 15 years at 7.1% — real computed maturity amount, investment, and interest earned.

Maturity Amount

40,68,209

Open this scenario in PPF Calculator

Contributing the full ₹1,50,000 Section 80C limit to PPF every year is the standard strategy for investors who want the maximum tax deduction alongside a government-backed, tax-free return.

The Scenario

  • Yearly investment: ₹1,50,000 (the maximum 80C-eligible PPF contribution)
  • Interest rate: 7.1% per annum (current government-set rate, compounded annually)
  • Investment period: 15 years (PPF's standard maturity period)

The live result above is computed using the exact same annuity formula the PPF Calculator applies — the real output for these inputs, not a rounded estimate.

What This Means

Total contributions over 15 years add up to ₹22,50,000, and the interest earned on top of that is larger than the amount you actually put in — a direct result of PPF's annual compounding working on a steadily growing balance for a decade and a half. This is also one of the few investment options in India offering guaranteed, fully tax-free returns (contribution, interest, and maturity amount are all exempt), which is why it remains a core holding in many long-term Indian portfolios despite the 15-year lock-in.

Try Your Own Numbers

Not everyone can commit the full ₹1,50,000 every year. Click through to the PPF Calculator — the ₹1,50,000 yearly investment carries over automatically, and you can lower the amount or extend the investment period to match your own savings plan.

Frequently Asked Questions

₹1,50,000 is the maximum amount that qualifies for a Section 80C tax deduction in a single financial year, making it the natural ceiling most disciplined PPF investors target. Depositing more than this into PPF is allowed up to the account limit, but the excess earns no interest and gets no tax benefit.
7.1% is the current government-set rate, but PPF rates are reviewed and can change every quarter over a 15-year horizon. This scenario applies today's rate for the full period as a planning assumption — actual returns will reflect whatever rate applies in each individual year.
PPF accounts can be extended in 5-year blocks after the initial 15-year maturity, with or without further contributions, and continue earning interest. Try a longer investment period directly in the [PPF Calculator](/ppf-calculator-india/) to see how a 20 or 25-year extension changes the maturity amount.
In this scenario, total contributions come to ₹22,50,000 (₹1,50,000 × 15 years), while the remainder is interest earned through annual compounding. The interest portion typically exceeds contributions at this rate and duration — see [How to Calculate PPF Maturity](/articles/how-to-calculate-ppf-maturity/) for the full step-by-step breakdown of the formula.
Partial withdrawals are permitted from the 7th financial year onward, subject to specific limits tied to the balance at certain points, and loans against the balance are available even earlier. Early full withdrawal outside these provisions isn't allowed except in specific hardship cases defined by the scheme rules.
ELSS is market-linked and carries risk that PPF doesn't, but historically offers higher average returns with a much shorter 3-year lock-in versus PPF's 15 years. See [ELSS vs PPF](/articles/elss-vs-ppf/) for a full comparison of returns, risk, and lock-in trade-offs.

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