Rupeemeter

PPF calculator

Work out what your Public Provident Fund will be worth at maturity, and with extensions, at the current official rate.

Updated for FY 2026-27 (tax year 2026-27) ·

₹500 to ₹1.5 lakh a financial year.

Keep the account for

Default 7.1% is the official rate up to 31 December 2026. It is reset every quarter.

Value after 15 years

₹40,68,209

Interest and maturity amount are tax-free.

Deposited

Interest

Maturity value

  • Deposited₹22,50,000
  • Interest₹18,18,209

Year by year

  • Deposits
  • Interest
010.17 lakh20.34 lakh30.51 lakh40.68 lakh03691215

What is PPF?

The Public Provident Fund is a long-term savings scheme backed by the Government of India, with a 15-year term and tax-free interest.

How to use this calculator

  1. Set how much you will deposit each year (₹500 to ₹1.5 lakh).
  2. Choose 15 years, or longer with extensions.
  3. Decide whether you will keep depositing during extensions.
  4. Change the rate to test a future rate change.

How the calculation works

Each year: balance = (previous balance + deposit) × (1 + rate)

This assumes each year’s deposit is made by 5 April so it earns interest for the whole year.

Worked example

₹1.5 lakh every year for 15 years at 7.1%: ₹22,50,000 deposited grows to ₹40,68,209, of which ₹18,18,209 is tax-free interest.

PPF maturity by deposit and term

Yearly deposit15 years20 years25 years
₹50,000₹13.56 lakh₹22.19 lakh₹34.36 lakh
₹1,00,000₹27.12 lakh₹44.39 lakh₹68.72 lakh
₹1,50,000₹40.68 lakh₹66.58 lakh₹1.03 crore

Rate held at 7.1% throughout; the actual rate may change every quarter.

Frequently asked questions

What is the current PPF interest rate?

7.1% a year, compounded yearly, confirmed up to 31 December 2026. The Ministry of Finance reviews it every quarter.

How much can I deposit?

At least ₹500 and at most ₹1.5 lakh in a financial year.

When does PPF mature?

After 15 complete financial years from the end of the year you opened it. You can then extend it in blocks of 5 years, with or without further deposits.

When is interest calculated?

Each month on the lowest balance between the close of the 5th day and the end of the month, credited once a year. Depositing by the 5th earns interest for that month.

Can I take money out early?

A loan is available from the 3rd to the 6th financial year, and withdrawals are allowed every year from the 7th financial year.

Is PPF tax-free?

Deposits count towards section 123 (old 80C) under the old regime, and interest is excluded from income under Schedule II of the Income-tax Act, 2025.