Public Provident Fund balance year by year for a yearly deposit, over 15 years or with 5-year extensions.
How the balance is worked out
Each year: balance = (last year's balance + deposit) × (1 + rate)
The calculator assumes one deposit at the start of each financial year (on or before 5 April) and interest added once a year at the same rate for every year. In the scheme interest is worked out each month on the lowest balance after the 5th and added at the end of the year, so deposits made later or in instalments earn less than shown.
The government sets the PPF rate every quarter. The rate you enter is your assumption; if you leave it empty, a current rate is used only when a verified official rate is recorded on Finobazaar, and the result says which. Finobazaar does not run the scheme; your post office or bank keeps the account.
This is an illustration from the rate you assume. It is not an offer, a forecast or investment advice, and it does not promise any return. The bank, post office or fund's own terms decide the actual amount.