PPF Calculator – Public Provident Fund Maturity (7.1%)
See your Public Provident Fund balance at maturity and the tax-free interest you earn.
How to use: Enter how much you put into PPF each year (₹500 to ₹1.5 lakh), keep the 7.1% rate or change it, and pick 15 years or an extension.
How to use the PPF Calculator
Type the amount you deposit into your PPF account each financial year, from ₹500 up to the ₹1.5 lakh limit. The rate is set to 7.1%, the government rate for October–December 2026. Pick 15 years for normal maturity, or 20 to 30 years if you plan to extend in 5-year blocks.
How PPF interest works: interest is worked out monthly on the lowest balance between the 5th and the last day of the month, and added once a year on 31 March. A deposit made by 5 April earns interest for the whole year, which is why “By 5 April” gives the best result. “Later in the year” assumes about half a year of interest on each new deposit.
Worked example: ₹1,50,000 deposited by 5 April every year for 15 years at 7.1% grows to about ₹40,68,209. You put in ₹22,50,000 and earn ₹18,18,209 in tax-free interest. Extending for another 5 years takes it to about ₹66,58,288.
This is an estimate, not financial advice. The rate is reviewed every quarter, so your real maturity amount will change if it moves. See the scheme rules at India Post. Updated October 2026.
Frequently asked questions
What is the PPF interest rate now?
7.1% a year, compounded yearly, for October–December 2026. It has stayed unchanged for several quarters.
Is PPF interest taxable?
No. PPF is EEE: deposits qualify for 80C in the old regime, and interest and maturity are tax-free.
Can I deposit more than ₹1.5 lakh?
No. Deposits above ₹1.5 lakh in a financial year earn no interest and are refunded.
Can I withdraw before 15 years?
Partial withdrawals are allowed from the 7th financial year, and loans from the 3rd to 6th year. Early closure is allowed only in special cases after 5 years.
What happens after 15 years?
You can withdraw everything, or extend in blocks of 5 years with or without new deposits.