Current Rate: 7.1% p.a. · Q1 FY

PPF Calculator

Calculate your Public Provident Fund maturity amount, total interest earned and year-by-year growth. Fully updated with the current government-declared interest rate.

Results update live
EEE Tax Status
80C Eligible
15-Year Lock-in
Govt. Backed
Max ₹1.5L/year

Investment Details

₹
₹500₹1.5L/yr
Maximum allowed: ₹1,50,000 per financial year
%
1%15%
yr
15 yr50 yr

Goal presets

Maturity Amount

100% Tax-Free
₹0

after 15 years · matures in

Total Invested

₹0

Interest Earned

₹0

Interest Rate

7.1%

Wealth Multiplier

0×

Annual 80C Tax Saving
₹0
estimated at 30% tax slab (old regime)

Investment Breakdown

maturity ₹0

Total Invested

₹0

0%

Interest Earned

₹0

0%

Invested 60% Interest 40%

Year-by-Year Growth

How your PPF corpus compounds over time

Invested
Interest
0

Year-by-Year Schedule

Opening balance, interest credited and closing balance each year

Interest = tax-free
Year Opening Bal. Contribution Interest Earned Closing Bal.

Investment Limits

  • · Minimum: ₹500/year
  • · Maximum: ₹1,50,000/year
  • · Up to 12 deposits per year
  • · Lump sum or monthly allowed

Lock-in & Extension

  • · Lock-in: 15 years
  • · Extendable in 5-year blocks
  • · With or without contribution
  • · Partial withdrawal after 7th year

Tax Benefits (EEE)

  • · 80C deduction on contribution
  • · Interest is fully tax-free
  • · Maturity amount is tax-free
  • · No wealth tax on balance

PPF Maturity Amount — All Scenarios

How much you'll get at 15-year maturity based on your yearly contribution at the current 7.1% rate

Maturity at 15 years @ 7.1% p.a.

Yearly Investment Total Invested Interest Earned Maturity Amount
₹12,000 ₹1.80L ₹1.45L ₹3.25L
₹36,000 ₹5.40L ₹4.36L ₹9.76L
₹72,000 ₹10.80L ₹8.71L ₹19.51L
₹1,00,000 ₹15.00L ₹12.10L ₹27.10L
₹1,50,000 MAX ₹22.50L ₹18.18L ₹40.68L

Maturity at 20 years (extended) @ 7.1% p.a.

Yearly Investment Total Invested Interest Earned Maturity Amount
₹72,000 ₹14.40L ₹17.93L ₹32.33L
₹1,00,000 ₹20.00L ₹24.91L ₹44.91L
₹1,50,000 MAX ₹30.00L ₹37.37L ₹67.37L

PPF is the only investment with EEE (Triple Tax-Free) status

Contribution qualifies for 80C deduction, interest is tax-free, and maturity amount is tax-free. At 7.1% tax-free, PPF is equivalent to a ~10% taxable FD for someone in the 30% tax bracket.

Calculate my PPF → Compare with FD calculator

* Calculated using annual compounding at 7.1% p.a. (current rate). PPF interest rate is set by the government and may change quarterly.

How PPF Interest is Calculated

PPF interest is calculated on the minimum balance between the 5th and last day of each month and credited annually on March 31st. The formula used is:

A = P × [(1 + r)ⁿ − 1] / r × (1 + r)

Where A = maturity amount, P = yearly contribution, r = annual interest rate ÷ 100, n = number of years.

Pro tip: Deposit before 5th of April

Depositing before the 5th of April earns interest for the entire year. Depositing after the 5th means you lose one month of interest.

PPF vs Other Investments

PPF (Current)
7.1%
FD (SBI, 3–5yr)
6.8%
NSC
7.7%
Sukanya Samriddhi
8.2%
Savings Account
3.0%

* Rates approximate as of Q1 FY 2025-26. PPF has full EEE tax benefit, making its effective return higher.

Frequently Asked Questions

What is the current PPF interest rate?
The current PPF interest rate is 7.1% per annum, applicable for Q1 FY 2025–26 (April–June 2025). The Government of India reviews the PPF rate quarterly. The rate has been 7.1% since April 2020, when it was cut from 7.9%.
What are the PPF investment limits?
The minimum PPF deposit is ₹500 per financial year and the maximum is ₹1,50,000 per financial year. You can invest in a single lump sum or in up to 12 installments. Any investment above ₹1.5L in a year earns no interest on the excess.
Can I withdraw PPF before 15 years?
Partial withdrawal is allowed from the 7th financial year onwards. You can withdraw up to 50% of the balance at the end of the 4th year preceding the year of withdrawal, or at the end of the immediately preceding year, whichever is lower. Full premature closure is allowed only in specific circumstances (serious illness, higher education) after 5 years.
What is the EEE tax status of PPF?
PPF enjoys EEE (Exempt-Exempt-Exempt) tax status: (1) Contribution is deductible under Section 80C up to ₹1.5L, (2) Interest earned is fully exempt from income tax under Section 10(11), and (3) Maturity proceeds are completely tax-free. This makes PPF one of the most tax-efficient fixed-income instruments in India.
Can I extend my PPF account after 15 years?
Yes. After the initial 15-year tenure, you can extend the account in blocks of 5 years, any number of times. Extension can be with contributions (up to ₹1.5L/year, with 80C benefit) or without contributions (just let the corpus earn interest tax-free). You must apply within 1 year of maturity.
Where can I open a PPF account?
A PPF account can be opened at any post office or authorised bank branches including SBI, PNB, Bank of Baroda, Bank of India, Canara Bank, and all major private banks like HDFC, ICICI, and Axis. Many banks allow opening a PPF account online via net banking.

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