If you deposit ₹ 1 lakh every year in PPF, how much money will you get after 15 years, check the calculation

If you deposit ₹1,00,000 every year in PPF (Public Provident Fund) and continue it for 15 years, then let’s calculate how much money you will get on maturity.

Assumptions for PPF calculation:

Annual investment = ₹1,00,000

Period = 15 years

Current interest rate = 7.1% (Government rate keeps changing from time to time)

Interest will be added on the basis of compounding annually

Now let’s calculate it.

If you invest ₹1,00,000 in PPF every year, then after 15 years you will get around ₹27,12,139.

Return Breakdown:

Total Investment: ₹15,00,000

Interest Earned: ₹12,12,139

Total Maturity Amount: ₹27,12,139

This calculation is based on an interest rate of 7.1%. If the interest rate changes, the final amount may also vary.