PPF Calculator
Project your PPF balance over 15 years (or extendable 5-year blocks). Uses current PPF rate with annual compounding — see exactly how much you’ll accumulate.
Methodology. PPF interest is compounded annually on the lowest balance between 5th and end of month. This calculator assumes deposit on April 1 for simplicity. Actual balance depends on exact deposit dates. PPF deposit qualifies for Section 80C deduction up to ₹1.5 lakh. Interest and maturity are tax-free. Rate is revised quarterly by the Ministry of Finance — current rate is 7.1% (as of Q4 FY 2026-27).
How PPF interest works
PPF pays 7.1% a year for October–December 2026, a rate the government reviews every quarter. Interest is calculated monthly on the lowest balance between the 5th and the last day of the month, and credited once a year on 31 March. That is why depositing before the 5th — ideally before 5 April for the whole year — earns the most.
Worked example
Depositing the maximum ₹1.5 lakh at the start of every year for 15 years at 7.1% builds about ₹40.7 lakh, of which ₹22.5 lakh is your own money and about ₹18.2 lakh is tax-free interest.
Key rules
| Deposit limits | Minimum ₹500, maximum ₹1.5 lakh per financial year |
| Tenure | 15 years, extendable in 5-year blocks with or without fresh deposits |
| Partial withdrawal | Allowed from the 7th financial year |
| Loan against PPF | Available from the 3rd to the 6th financial year |
| Tax | EEE — deposits qualify for Section 80C (old regime), interest and maturity are tax-free |
Is PPF right for you?
PPF suits the safe, long-term part of a portfolio: guaranteed, government-backed and tax-free. Its weakness is liquidity and a return that barely beats inflation over long periods. Most people pair it with equity for growth — compare options in our PPF vs ELSS and 80C investments ranked guides.
FAQs
Does the new tax regime affect PPF?
You lose the 80C deduction on deposits, but interest and maturity stay tax-free.
Can the PPF rate change during my 15 years?
Yes. The rate is reset quarterly and applies to your whole balance, so long-term projections are estimates.
What happens if I miss a year?
The account becomes discontinued. You can revive it by paying ₹500 for each missed year plus a ₹50 penalty per year.
Figures last checked October 2026. Calculator results are estimates; actual lender, fund or tax outcomes can differ.