What is the PPF maturity amount if you invest ₹1.5 lakh every year for 15 years?
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Calculate your PPF maturity value for the maximum annual investment of ₹1.5 lakh at the current 7.1% interest rate over the 15-year lock-in period.
Why PPF Remains a Default for Conservative Savers
A maximum PPF investment of ₹1.5 lakh per year for 15 years at the current 7.1% interest rate grows to about ₹40.7 lakh at maturity. Of this, ₹22.5 lakh is your contribution and ₹18.2 lakh is interest. The entire maturity amount is tax-free under the EEE (Exempt-Exempt-Exempt) status — investment qualifies for 80C deduction in the old regime, annual interest is exempt, and maturity withdrawal is exempt.
No other Indian investment product offers all three exemptions simultaneously. ELSS (equity-linked savings) is taxed at maturity (LTCG over ₹1.25 lakh); FDs are taxed annually on accrued interest; NPS requires part of the corpus (at least 20% for non-government subscribers, 40% for government-sector subscribers) to go into an annuity whose pension is taxable. PPF stands alone — and at 7.1% with sovereign backing, it beats every FD on a post-tax basis for those in the 20%+ tax slab.
PPF can be extended in 5-year blocks after the 15-year lock-in, with or without fresh contributions — useful for retirees who want to keep the compounding going. Partial withdrawals are allowed from year 7 onwards. Loans against PPF are available between years 3-6. Open the account early in your career to maximise the compounding window.