Estimate your Public Provident Fund maturity value, total interest earned and total investment, at the current 7.1% p.a. rate (Q2 FY 2026-27) or a rate you choose.
Interest is calculated on the lowest balance between the 5th and last day of each month, but compounds annually. Depositing before the 5th of the month (ideally at the start of the year) maximises the interest you earn — this calculator assumes deposits are made at the start of each year, which is the best-case, commonly-used estimate.
The PPF rate is 7.1% a year for October–December 2026; the government reviews it every quarter. Interest is worked out 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 a deposit made by 5 April earns interest for the whole year, while a deposit on 6 April loses that month. This calculator assumes a single deposit at the start of each year.
You can deposit from ₹500 to ₹1,50,000 per financial year. The account matures after 15 full financial years and can then be extended in blocks of 5 years, with or without new deposits. Deposits qualify for the section 123 deduction (old section 80C) only in the old tax regime, but the interest and the maturity amount are tax-free in both regimes.
₹1.5 lakh at the start of every year for 15 years at 7.1% grows to about ₹40.68 lakh on ₹22.5 lakh invested. Extend for another 5 years with the same deposit and it reaches roughly ₹66.6 lakh.
The current PPF rate is 7.1% p.a. (unchanged since April 2020, confirmed for Jul–Sep 2026 by the Ministry of Finance). Rates are reviewed quarterly and may change — adjust the rate field to test other scenarios.
₹1,50,000 per financial year is the maximum eligible for interest and for the section 123 deduction (old Section 80C, old regime only). Deposits beyond this limit don't earn interest.
No. PPF is an EEE (Exempt-Exempt-Exempt) instrument — your contribution, the interest earned, and the maturity withdrawal are all tax-free.
15 years, extendable in blocks of 5 years after maturity, with or without further contributions.
7.1% a year, unchanged from the previous quarter. The rate is reviewed every quarter by the Ministry of Finance.
Before the 5th of the month, ideally before 5 April for the full year. Interest is calculated on the lowest balance between the 5th and the end of each month.