How Saving ₹417 Daily Can Grow to ₹40 Lakh in 15 Years with PPF

Many people believe that wealth creation needs a big bank balance or a high-paying job. But the truth is far simpler wealth begins with small savings started at the right time. The Public Provident Fund (PPF), a government-backed scheme, is a perfect example of how disciplined investing can build a large corpus over time.

If you save just ₹417 daily, you can invest the maximum limit in PPF and grow it into a tax-free fund of more than ₹40 lakh in 15 years. This is not magic, but the power of compounding the interest earned on interest, working silently in the background to multiply your money.

What is the ₹417 Method?

PPF allows a maximum annual investment of ₹1.5 lakh. If you divide this amount by the number of days in a year, the daily investment comes to roughly ₹411–₹417.

So, by saving ₹417 every day, you can comfortably invest:

• ₹12,500 per month
• ₹1.5 lakh per year

This approach makes saving easy and sustainable, even for people with limited budgets.

How Much Will the Fund Grow in 15 Years?

Let’s assume you invest ₹1.5 lakh annually for 15 years. Your total investment will be:




₹22.5 lakh


At the current PPF interest rate of around 7.1% compounded annually, this can grow to approximately:

₹40.68 lakh in 15 years

The best part?

This entire amount is tax-free, making PPF a powerful long-term savings tool.

PPF Doesn’t End After 15 Years

The biggest advantage of PPF is that it doesn’t have to stop after maturity. You can extend it in 5-year blocks.

If you continue investing even after 15 years, the corpus can grow further:

• ₹65-66 lakh in 20 years
• Close to ₹1 crore in 25 years

This makes PPF a strong option for retirement planning and long-term goals.

Why PPF Is Considered the Safest Investment

PPF is a government-guaranteed scheme, which makes it one of the safest investment options available. Since the money is invested in government securities, there is almost no risk of losing your capital.

It also comes under the EEE (Exempt-Exempt-Exempt) tax category:

• Investment is tax-exempt
• Interest earned is tax-free
• Maturity amount is tax-free

This makes PPF especially attractive for long-term wealth creation.

When Should You Invest?

To get the maximum benefit of interest, you should deposit your PPF amount before the 5th of every month.
If possible, deposit the full ₹1.5 lakh between April 1 and 5, so you earn interest for the full year.

Small Savings Can Lead to Big Wealth

If you can save just ₹400–₹500 daily, PPF can become a powerful tool for building a strong financial future. The key is not how much you invest, but how consistently you invest over time.

Remember: Consistency + Time = Wealth.


Disclaimer : The information provided in this article is for general informational purposes only and should not be considered financial advice. Investment decisions should be based on your personal financial situation, risk tolerance, and goals. PPF interest rates may change periodically as per government notifications. Please consult a certified financial advisor or a financial expert before making any investment decisions. Returns are subject to changes in interest rates and may vary.