### PPF maturity amount after 15 yrs, if I deposit more in start, but minimum later ?

POSTED BY ON February 13, 2014 9:44 pm COMMENTS (2)

I have deposited Rs. 90000 in my PPF account this year. If I deposit the minimum amount applicable to run my PPF account for rest 14 years then what will be the maturity amount I will get after 15 years. Please provide me an approximate number with the logic.

## 2 replies on this article “PPF maturity amount after 15 yrs, if I deposit more in start, but minimum later ?”

You will have roughly Rs 328500/- @8.7% it is simple compounding interest formula
90000 will become 97830 at end of 1st year .. minimum investment of 500 every year after that
2nd year principle = ( 97830 + 500 ) * 1.0870 = 106884
3nd year principle = (106884 + 500 ) * 1.0870 = 116727

and so on

2. hemanthchandra62 says:

How interest on PPF is calculated is explained clearly by Manish in the below article.

https://www.jagoinvestor.com/2012/02/how-ppf-interest-is-calculated-video.html

Also, PPF calculator is also there in the link.

Regards,
Hemanth.

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