PPF Calculator
See what your Public Provident Fund grows to over 15 years (or longer with extensions) at the current 7.1% rate, with interest earned year by year.
Growth over time
Hover or tap the chart to see each year. Values update as you change the inputs.
Year-by-year table
How this calculator works
The government sets the PPF rate every quarter; it is 7.1% for October–December 2026, unchanged for several quarters. Interest is worked out monthly on the lowest balance between the 5th and the end of the month, and credited once a year, so a deposit made by 5 April earns interest for the whole year. This calculator assumes that.
You can deposit from ₹500 to ₹1.5 lakh a financial year. The account matures after 15 full financial years and can be extended in blocks of 5 years. PPF is exempt-exempt-exempt: deposits qualify for the old-regime deduction (up to ₹1.5 lakh), and interest and maturity are tax-free.
Worked example: ₹1.5 lakh a year for 15 years at 7.1%
| Item | Amount |
|---|---|
| Total deposited | ₹22,50,000 |
| Interest earned (tax-free) | ₹18,18,209 |
| Maturity value | ₹40,68,209 |
Sources & data
Figures checked on November 3, 2026.
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Frequently Asked Questions
What is the PPF interest rate now?
7.1% a year for the October–December 2026 quarter. The government reviews small savings rates every quarter.
How much can I deposit in PPF?
From ₹500 to ₹1.5 lakh in each financial year, in one go or in instalments.
Is PPF interest taxable?
No. PPF interest and the maturity amount are tax-free. Deposits also qualify for the old-regime deduction of up to ₹1.5 lakh.
Can I withdraw before 15 years?
Partial withdrawals are allowed from the 7th financial year, and premature closure is allowed after 5 years in specific cases such as serious illness or higher education, with a small interest penalty.