Online Public Provident PPF Calculator
Calculate your long-term wealth growth, accumulated interest, and maturity amount with Indian PPF compound standards.
Tired of manually entering data in Tally?
Save hours every week. Import purchase invoices, sales bills, and bank statements directly into Tally in 1-click.
⚠️ Statutory maximum limit is ₹1,50,000 per financial year.
| Year | Deposited | Interest | Ending Balance |
|---|---|---|---|
| Yr 1 | ₹1,50,000 | +₹10,650 | ₹1,60,650 |
| Yr 2 | ₹3,00,000 | +₹22,056 | ₹3,32,706 |
| Yr 3 | ₹4,50,000 | +₹34,272 | ₹5,16,978 |
| Yr 4 | ₹6,00,000 | +₹47,355 | ₹7,14,333 |
| Yr 5 | ₹7,50,000 | +₹61,368 | ₹9,25,701 |
| Yr 6 | ₹9,00,000 | +₹76,375 | ₹11,52,076 |
| Yr 7 | ₹10,50,000 | +₹92,447 | ₹13,94,523 |
| Yr 8 | ₹12,00,000 | +₹1,09,661 | ₹16,54,184 |
| Yr 9 | ₹13,50,000 | +₹1,28,097 | ₹19,32,281 |
| Yr 10 | ₹15,00,000 | +₹1,47,842 | ₹22,30,123 |
| Yr 11 | ₹16,50,000 | +₹1,68,989 | ₹25,49,112 |
| Yr 12 | ₹18,00,000 | +₹1,91,637 | ₹28,90,749 |
| Yr 13 | ₹19,50,000 | +₹2,15,893 | ₹32,56,642 |
| Yr 14 | ₹21,00,000 | +₹2,41,872 | ₹36,48,514 |
| Yr 15 | ₹22,50,000 | +₹2,69,694 | ₹40,68,208 |
What is PPF & How Interest Compounding Works
The Public Provident Fund (PPF) is a popular long-term saving scheme backed by the Central Government of India. PPF accounts offer stable, guaranteed returns, making them highly attractive for retirement planning. The government sets the interest rate quarterly (currently locked at 7.1% p.a.). The interest is compounded annually but calculated monthly. Specifically, interest is calculated on the lowest balance between the 5th and the last day of each month. Depositing funds before the 5th of a month maximizes your monthly interest accrual.
The EEE (Exempt-Exempt-Exempt) Tax Advantage
PPF is one of the few financial instruments in India that enjoys the highly coveted EEE tax status:
- Exempt 1 (Investment): The annual deposits up to ₹1.5 Lakhs are tax-deductible under Section 80C of the Income Tax Act.
- Exempt 2 (Accumulation): The interest earned year-on-year on your PPF balance is fully exempt from tax. It does not need to be declared as taxable income.
- Exempt 3 (Withdrawal): The entire maturity value (principal + accumulated interest) withdrawn at the end of the tenure is completely tax-free.
Lock-In Period & Extensions
- Maturity Tenure: A PPF account has a mandatory lock-in period of 15 financial years (excluding the year of account opening).
- Extensions: After 15 years, the account can be extended indefinitely in blocks of 5 years, with or without fresh contributions.
- Premature Closure: Only permitted under specific grounds (such as medical treatment for serious ailments or higher education of children) after completion of 5 financial years, subject to a 1% rate deduction penalty.
- Partial Withdrawals & Loans: Loans can be taken against the PPF balance between the 3rd and 6th financial years. Partial withdrawals are permitted once a year from the 7th financial year onwards.
The Power of Compounding in PPF
The Public Provident Fund is one of India's most reliable retirement and wealth accumulation tools. Because the interest earned is added to your principal annually, the compounding effect creates an exponential wealth growth curve in the later years. This is why extending your PPF account beyond the initial 15-year period in blocks of 5 years can dramatically increase your maturity proceeds.
1. Sovereign Guarantee
PPF accounts are backed directly by the Central Government of India. This makes PPF one of the most secure investment instruments, with zero risk of default.
2. Inflation-Beating Returns
With a current rate of 7.1% p.a., PPF interest rates are historically higher than regular savings accounts and many fixed deposits, effectively beating retail inflation.
PPF Maturity Value Compounding Example
If you deposit ₹1,50,000 annually in your PPF account for a period of 15 years at an interest rate of 7.1% p.a.:
| PPF Investment Parameters | Value Details |
|---|---|
| Annual Installment | ₹1,50,000 |
| Total Invested Principal | ₹22,50,000 |
| Compounding rests | Annually Compounded |
| Estimated Tax-Free Interest Earned | +₹18,18,209 |
| Final Maturity Value (Tax-Free) | ₹40,68,209 |
Frequently Asked Questions
Everything you need to know about TrulyInvoice for Tally Prime.
On clear digital PDF invoices, TrulyInvoice achieves approximately 96% field-level extraction accuracy based on internal benchmarks. Accuracy on handwritten or low-resolution scanned invoices is approximately 88-90%. Our review-first workflow ensures you catch and correct any AI omissions before they reach Tally.
TrulyInvoice differs from Suvit in three specific ways: (1) Bulk upload support — TrulyInvoice processes multi-file batches at once vs Suvit's 10-invoice cap. (2) Transparent monthly plans starting at ₹399/month for 1,000 pages (Lite), ₹599 for 2,000 pages (Plus), and Custom High Volume Plans vs Suvit's annual subscription model. (3) Multi-user team seating (up to 3 seats) sharing a single voucher quota. Suvit includes broader module coverage like GST filing that TrulyInvoice focuses on purely as a dedicated invoice-to-Tally engine.
Yes. TrulyInvoice's AI extracts data from handwritten invoices, PDFs, scanned images, and multi-page documents. It's trained on diverse Indian invoice formats including handwritten text.
Setup is typically quick: sign up, enable Port 9000 in Tally settings, install the connector, and test with a sample invoice.
TrulyInvoice supports common GST scenarios and can help map interstate (IGST) and intrastate (CGST+SGST) flows based on invoice and ledger data.
TrulyInvoice supports PDF invoices, JPG/PNG images, scanned documents, and handwritten invoices. It works with GST invoices, purchase bills, and sale invoices from any Indian vendor.
Yes. TrulyInvoice works with Tally running on your local computer. Enable Port 9000 in Tally settings (F1 > Settings > Connectivity) and the connector handles the rest. No cloud hosting required.
TrulyInvoice automatically creates missing ledgers and stock items in Tally. You can also create them manually in Tally and click Refresh to sync.
Yes. Invoices are encrypted in transit and at rest. The Tally sync happens on your computer — data never leaves your network during the sync process.
TrulyInvoice processes most invoices in 15-30 seconds from upload to Tally sync. This includes AI extraction, your review, and the actual sync. A single user can process 100+ invoices in under an hour with the review-first workflow.
TrulyInvoice includes a mandatory review step before syncing. You can edit any field the AI extracted. Additionally, mathematical validation checks if amount equals quantity multiplied by rate, flagging potential calculation errors automatically before they reach Tally.
No technical expertise required. Setup involves three simple steps: enable Port 9000 in Tally settings (F1 > Settings > Connectivity), download the connector app, and sign in. Most users complete setup in under 5 minutes. Phone and WhatsApp support is available if needed.
Yes. You can upload up to 20 invoices per batch upload (PDFs, scans, or photos). The system processes them sequentially with 99%+ accurate AI extraction, and you can review and sync them individually or in batches to Tally Prime.
TrulyInvoice creates both Purchase and Sales vouchers in Tally. It supports standard GST scenarios including intra-state (CGST+SGST) and inter-state (IGST) transactions. The system auto-maps GST rates and creates appropriate ledgers based on your invoice data.
Yes. TrulyInvoice includes a free 14-day trial with instant signup — no credit card required. Plans start at ₹399/month for Lite (1,000 pages) and ₹599/month for Plus (2,000 pages, 2 seats) after your trial ends. No hidden costs.
Explore Other Indian Financial Utilities
Stop Manual Voucher Entry.
TrulyInvoice automates your complete invoice workflow and syncs directly to Tally Prime.
No credit card · 14-day free trial
Upload Invoice
Drag & drop PDFs, scans, or photos.
AI Extraction
Line items, tax, and ledgers mapped.
1-Click Review
Verify extracted details on dashboard.
Direct Sync
Vouchers created instantly in Tally Prime.