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PPF Calculator

Calculate Public Provident Fund (PPF) maturity amount with year-wise breakdown

PPF: 7.1% a year, compounded yearly (unchanged since April 2020). Rate for October–December 2026, notified on 30 September 2026; the government reviews it every quarter.

Calculation Mode

Min ₹500 · Max ₹1,50,000 per year
Applied to future months; past months use historical rates
Min ₹100 · Max ₹12,500 per month
Applied to future months; past months use historical rates
Past years auto-use historical PPF rates. Rate column applies to future years only.
YrDeposit (₹)Rate (%)
Enter monthly deposit amounts for each year.
Yr

Enter your PPF details and click Calculate

How to Use

  1. Select your Calculation Mode: Fixed Yearly, Fixed Monthly, Variable Yearly, or Variable Monthly.
  2. Set the Start Month and Year of your PPF account opening.
  3. Enter your Annual / Monthly Deposit amount (or click Generate for variable modes).
  4. Set the Duration (minimum 15 years; extendable in 5-year blocks).
  5. Click Calculate — see Maturity Amount, Total Deposits, Total Interest, and year-by-year breakdown with historical rates.

What is PPF?

The Public Provident Fund (PPF) is one of India's safest and most tax-efficient long-term savings instruments, backed by the Government of India. It falls under the EEE (Exempt-Exempt-Exempt) tax category — contributions qualify for 80C deduction, interest is tax-free, and the maturity amount is completely exempt from income tax.

Key Features (2025)

FeatureDetails
Interest Rate7.1% p.a. (Q1 2025-26, revised quarterly)
Minimum Deposit₹500 per year
Maximum Deposit₹1,50,000 per year
Lock-in Period15 years (extendable by 5-year blocks)
Tax BenefitEEE — fully exempt
Loan FacilityAvailable from 3rd to 6th year (up to 25% of balance)
Partial WithdrawalAllowed from 7th year onwards

PPF Interest Calculation

Interest is calculated on the minimum balance between the 5th and last day of each month. To maximise returns, deposit before the 5th of April each financial year — this ensures the entire year's interest is earned on the full deposit.

PPF vs Other Instruments

  • Beats FDs on after-tax basis — FD interest is taxable; PPF interest is not.
  • Safer than equity but less liquid due to 15-year lock-in.
  • Ideal as a debt component in a balanced portfolio alongside equity SIPs.

Frequently Asked Questions

7.1% per annum (Q1 FY 2025-26). The government reviews and notifies the PPF rate every quarter. It has been 7.1% since April 2020. Historical rates ranged from 8.0–8.8% in 2012–2017.

Premature closure is allowed only in exceptional circumstances (serious illness of self/family, higher education of minor child) after completing 5 financial years — but at a 1% interest penalty. Partial withdrawal (up to 50% of the balance at the end of the 4th year preceding the application) is allowed from the 7th financial year.

No. The annual deposit limit is ₹1.5 lakh per account. Deposits above this limit earn no interest and do not qualify for 80C deduction. A minor's PPF account opened by a parent counts towards the parent's ₹1.5 lakh limit.

Deposit before the 5th of April (the start of the financial year). PPF interest is calculated on the minimum balance between the 5th and the last day of each month. Depositing on April 1–4 ensures the full annual deposit earns 12 months of interest. Depositing after April 5 loses one month's interest on the new deposit.

NRIs cannot open a new PPF account. However, if a resident Indian becomes an NRI during the 15-year term, they can continue the existing account until maturity at the prevailing interest rate. No extension is allowed for NRIs after maturity.

No. You have three options: (1) Close and withdraw the full maturity amount; (2) Extend for 5-year blocks without fresh deposits — the balance continues to earn interest; (3) Extend with fresh deposits — full benefits of contributions (80C + EEE) continue. Extension must be applied within one year of maturity.

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