PPF Calculator India (2026)
Plan your Public Provident Fund investments and visualise guaranteed, tax-free wealth growth.
Calculate Your PPF Returns
Current PPF Rate: 7.1% p.a. (compounded annually). Set by Government of India, reviewed quarterly.
💡 Quick Insights
- 🛡️PPF offers guaranteed returns backed by government
- 💰Interest is tax-free (EEE benefit)
- 📈Best for long-term wealth creation
Year-wise Breakdown
PPF growth each year
| Year | Invested | Interest | Total |
|---|---|---|---|
| 1 | ₹1,50,000 | ₹10,650 | ₹1,60,650 |
| 2 | ₹3,00,000 | ₹32,706 | ₹3,32,706 |
| 3 | ₹4,50,000 | ₹66,978 | ₹5,16,978 |
| 4 | ₹6,00,000 | ₹1,14,334 | ₹7,14,334 |
| 5 | ₹7,50,000 | ₹1,75,701 | ₹9,25,701 |
💡 Quick Insights
- 🛡️PPF offers guaranteed returns backed by government
- 💰Interest is tax-free (EEE benefit)
- 📈Best for long-term wealth creation
Important Disclaimer
PPF returns are based on current interest rates. Actual returns may change if the government revises rates. This calculator provides estimates for planning purposes only.
PPF Formula
The math behind your returns
F = P × [(1 + i)n – 1] / iReal Example
If you invest ₹1.5 lakh per year for 15 years:
That's nearly ₹18.2 lakh in tax-free interest — the power of compounding!
What is Public Provident Fund (PPF)?
Public Provident Fund (PPF) is a long-term savings scheme backed by the Government of India. It offers attractive interest rates with complete tax benefits under the EEE (Exempt-Exempt-Exempt) category. PPF is one of the safest investment options in India, ideal for building a retirement corpus or achieving long-term financial goals.
With a lock-in period of 15 years (extendable in blocks of 5 years), PPF encourages disciplined savings while providing guaranteed returns. The scheme is available at all post offices and authorized banks across India, making it easily accessible to every Indian citizen.
How Does PPF Calculator Work?
Our PPF calculator uses the compound interest formula to calculate your maturity amount:
F = P × [((1 + i)n - 1) / i]Interest is compounded annually and credited to your account at the end of each financial year. Deposits made before the 5th of any month earn interest for that entire month.
Benefits of PPF Investment
Government Backed
100% safe investment backed by Government of India. No market risk.
EEE Tax Benefits
Investment, interest, and maturity all completely tax-free under 80C.
Attractive Returns
Current rate 7.1% p.a. compounded annually, beats most FDs.
Flexible Deposits
Deposit in lump sum or installments, up to 12 per year.
Loan Facility
Avail loans from 3rd to 6th year at just 2% above PPF rate.
Minor Account
Open PPF for minors — build wealth for children's future.
PPF Tax Benefits — EEE Status
PPF enjoys the rare EEE (Exempt-Exempt-Exempt) tax status, making it one of the best tax-saving investments in India:
Investment is Exempt (Section 80C)
Investments up to ₹1.5 lakh/year qualify for deduction. Save up to ₹46,800 in taxes.
Interest is Exempt
All interest earned is completely tax-free. No TDS deducted, no tax liability.
Maturity Amount is Exempt
The entire maturity amount (principal + interest) is tax-free on withdrawal.
PPF Rules & Regulations
Investment Limits
Minimum: ₹500 per year | Maximum: ₹1,50,000 per year
Lock-in Period
15 years from end of financial year. Extendable in blocks of 5 years.
Interest Rate
Currently 7.1% p.a. (reviewed quarterly). Compounded annually.
Account Opening
Available at post offices and authorized banks. Individuals and minors (via guardian).
PPF Withdrawal Rules
Partial Withdrawal
Allowed from 7th financial year onwards:
- Maximum: 50% of balance at end of 4th preceding year
- Only one withdrawal per financial year
- Completely tax-free
Premature Closure
Allowed after 5 years in specific cases:
- Life-threatening disease of self, spouse, or dependent children
- Higher education of account holder or children
- Change in residency status (NRI)
- Interest rate reduced by 1% on premature closure
Maturity
After 15 years, withdraw entire amount or extend in blocks of 5 years (with or without contributions).
Frequently Asked Questions
What is the current PPF interest rate?
The current PPF interest rate is 7.1% per annum (as of 2024), compounded annually. The rate is reviewed quarterly by the Government of India.
Can I have multiple PPF accounts?
No, an individual can have only one PPF account. However, you can open a separate account for your minor child.
What happens if I don't deposit the minimum?
Your account becomes inactive. Reactivate by paying ₹50 penalty per year along with the minimum ₹500 deposit for each defaulted year.
Can NRIs invest in PPF?
No, NRIs cannot open new PPF accounts. Existing accounts opened as resident can continue until maturity.
Is PPF better than Fixed Deposit?
PPF generally beats FD for long-term savings due to tax-free returns (EEE status), higher effective returns, and government backing.
Can I take a loan against PPF?
Yes, from 3rd to 6th year. Loan amount limited to 25% of balance at end of 2nd preceding year. Must be repaid within 36 months.
What is the best time to deposit?
Deposit before the 5th of any month for full month's interest. For maximum returns, deposit the full ₹1.5 lakh in April.
How is PPF different from EPF?
PPF is voluntary for all; EPF is mandatory for salaried employees. PPF has 15-year lock-in with flexible deposits; EPF is employment-linked.
PPF Investment Best Practices
1. Start Early for Maximum Compounding
The power of compounding works best over long periods. Starting PPF in your 20s or 30s can create a substantial retirement corpus.
2. Maximize Annual Contribution
Invest the maximum ₹1.5 lakh per year for full Section 80C tax benefits and maximum returns.
3. Deposit Early in the Month
Always deposit before the 5th to earn interest for the entire month. For best results, invest the annual amount in April.
4. Extend After Maturity
After 15 years, extend in blocks of 5 years to continue earning tax-free interest, even without new deposits.
5. Open Account for Children
Open PPF for minors. By the time they turn 18, they'll have a substantial corpus for education or other goals.
6. Combine with Other Investments
PPF should be part of a diversified portfolio. Combine with equity funds for higher growth while PPF provides stability.
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Start Your PPF Journey Today!
PPF is one of the safest and most tax-efficient investments in India. Plan your deposits and build a secure financial future.
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Last Updated: 31 May 2026