PPF, NPS & FD Calculator

Government savings scheme calculator with maturity tables

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PPF, NPS & FD Calculator is a free, browser-based tool that lets you government savings scheme calculator with maturity tables — with zero signup, zero installation. Your data never leaves your browser. Part of 138+ free developer and business tools at wowhow.cloud, built and maintained by a team with 14+ years of hands-on development experience.

TOOLPPF, NPS & FD Calculator

Annual ContributionRs 50,000

Rs 500Rs 1,50,000

PPF interest rate: 7.1% p.a. (compounded annually) · Lock-in: 15 years · Max: Rs 1.5L/year

Total Deposited

7.50 L

Total Interest Earned

6.06 L

Maturity Amount (15 yr)

13.56 L

Year-wise Balance Growth

Yr 1: ₹53,550

Yr 2: 1.11 L

Yr 3: 1.72 L

Yr 4: 2.38 L

Yr 5: 3.09 L

Yr 6: 3.84 L

Yr 7: 4.65 L

Yr 8: 5.51 L

Yr 9: 6.44 L

Yr 10: 7.43 L

Yr 11: 8.50 L

Yr 12: 9.64 L

Yr 13: 10.86 L

Yr 14: 12.16 L

Yr 15: 13.56 L

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About PPF, NPS & FD Calculator

Government-backed savings schemes — PPF, NPS, FDs, and RDs — each have different compounding rules, lock-in periods, liquidity windows, and tax treatments. Choosing the right mix depends on your time horizon, risk appetite, and tax bracket. This multi-scheme calculator lets you model each scheme separately with year-wise growth tables, 80C deduction eligibility, and maturity comparisons so you can build a balanced government savings portfolio.

How It Works

PPF uses annual compounding at the government-declared rate (currently 7.1% per annum for FY 2026-27). The year-wise table shows opening balance, annual deposit, interest earned (on balance before 5th of each month), and closing balance for each of the 15 years. The EEE (Exempt-Exempt-Exempt) tax status means deposits qualify for 80C deduction, interest is tax-free, and maturity is tax-exempt.

FD uses the compound interest formula A = P(1 + r/n)^(nt) with compounding at quarterly frequency (standard for most Indian banks). Senior citizen rate option adds the typical 0.25-0.5% premium. TDS is flagged when annual interest exceeds the Rs 40,000 threshold.

RD maturity is calculated as a sum of each monthly instalment compounded using the same FD rate: M × [(1 + r/n)^(nt) − 1] / (1 − (1 + r/n)^(−1/3)).

Who Is This For

A 35-year-old government employee modelling 15-year PPF maturity to estimate the corpus alongside their EPF for retirement.

A senior citizen comparing FD returns at a senior citizen rate versus a 5-year RD to optimise monthly cash flow from fixed income savings.

A self-employed professional planning NPS contributions for Section 80CCD(1B) tax benefit and estimating the corpus at 60.

A parent opening a PPF account for a minor child and projecting the 15-year maturity amount for education planning.

Scope note: PPF uses Q1 FY 2026-27 rate of 7.1% p.a. — the government reviews this quarterly. FD rates are user-entered since they vary by bank and tenure. NPS returns are projected at the user-entered expected rate — actual returns depend on fund type (Equity/Corporate/G-Sec) and market performance. RD maturity uses quarterly compounding; some banks use monthly compounding, giving marginally different results.

Disclaimer: This calculator is for informational and educational purposes only and does not constitute financial, tax, or legal advice. Results are estimates based on publicly available tax slabs and formulas. Consult a qualified Chartered Accountant, tax professional, or financial advisor for guidance specific to your situation. Built and maintained by the WOWHOW Team with 14+ years of software development experience.

How to Use

Select the scheme — PPF, NPS, FD, or RD

Enter your investment amount, tenure, and expected return rate

View the maturity amount, total interest earned, and year-wise breakdown

Check tax deduction eligibility under Section 80C or 80CCD(1B)

Frequently Asked Questions

PPF currently offers 7.1% per annum, compounded annually. The rate is reviewed quarterly by the government. PPF has a 15-year lock-in with partial withdrawal allowed after 7 years.

NPS corpus = total contributions compounded at the expected return rate. At retirement, you can withdraw up to 60% as lump sum (tax-free) and must use 40% to buy an annuity for monthly pension.

Yes. FD interest is taxable as per your income tax slab. TDS of 10% is deducted if annual interest exceeds Rs 40,000 (Rs 50,000 for senior citizens).

No. The maximum annual deposit in a PPF account is Rs 1.5 lakh per financial year. Amounts above this limit are returned without interest and without 80C benefit. You can make deposits in up to 12 instalments per year, but the total must not exceed Rs 1.5 lakh.

A Fixed Deposit compounds the principal from day one. A Recurring Deposit compounds each monthly instalment separately from its deposit date. The total maturity is the sum of each instalment compounded for its remaining tenure. This is why RD returns are slightly lower than an equivalent FD with the same total investment.

Partially. At retirement (age 60), 60% of the NPS corpus can be withdrawn as a lump sum — this portion is fully tax-free. The remaining 40% is mandatorily used to purchase an annuity, and the monthly pension income from the annuity is taxable as per your income tax slab in the year of receipt.