PPF Calculator India 2026 - Calculate Public Provident Fund Returns
Calculate Your PPF Returns
Enter your yearly investment amount, interest rate, and time period to see how your PPF account will grow with annual compounding.
Your PPF Investment Results
Investment Breakdown
| Yearly Investment | ₹0 |
| Interest Rate | 0% |
| Time Period | 0 Years |
| Total Amount Invested | ₹0 |
| Total Interest Earned | ₹0 |
| Maturity Value | ₹0 |
Pro Tip
Deposit your PPF contribution at the start of the financial year (April) to earn interest on the full amount for the entire year. This can significantly boost your maturity value over 15+ years.
Explore Tax Saving TipsWhy Invest in PPF?
Tax-Free Returns (EEE Status)
PPF enjoys Exempt-Exempt-Exempt tax status. Your deposits qualify for Section 80C deduction (up to Rs.1.5 Lakh), the interest earned is tax-free, and the maturity amount is also completely tax-exempt.
Government Guaranteed Safety
PPF is backed by the Government of India, making it one of the safest investment options available. Your principal and interest are fully guaranteed, unlike market-linked investments.
Power of Compounding
PPF interest is compounded annually, meaning your interest earns interest over time. With a 15+ year horizon, compounding significantly amplifies your wealth creation.
Flexible Deposits
Invest as little as Rs.500 or up to Rs.1,50,000 per year. You can deposit in a lump sum or spread across up to 12 installments, giving you flexibility to invest at your own pace.
Loan Against PPF
After completing 3 financial years, you can avail a loan against your PPF balance at a nominal interest rate. This provides liquidity without closing your account or losing compounding benefits.
Long-Term Wealth Creation
With the option to extend in 5-year blocks beyond 15 years, PPF is ideal for building a substantial tax-free retirement corpus. Rs.1.5 Lakh/year at 7.1% grows to over Rs.40 Lakh in 15 years.
Frequently Asked Questions (FAQ)
What is PPF and how does it work?
PPF (Public Provident Fund) is a government-backed long-term savings scheme in India. You deposit a fixed amount annually (minimum Rs.500, maximum Rs.1,50,000) for a lock-in period of 15 years. The deposits earn compound interest annually at the rate set by the government (currently 7.1% p.a.), and both the interest earned and the maturity amount are completely tax-free.
What is the current PPF interest rate?
The current PPF interest rate is 7.1% per annum, compounded annually. The rate is set by the Government of India and is reviewed quarterly. PPF interest rates have ranged from 7% to 8.7% over the past decade. The rate may change each quarter based on government announcements.
What is the minimum and maximum PPF deposit?
The minimum annual deposit for PPF is Rs.500 and the maximum is Rs.1,50,000 per financial year. You can make deposits in a lump sum or in up to 12 installments during the year. If you fail to deposit the minimum amount, the account becomes inactive and requires a penalty of Rs.50 per year plus the minimum deposit to reactivate.
Is PPF tax-free?
Yes, PPF enjoys EEE (Exempt-Exempt-Exempt) tax status, making it one of the most tax-efficient investments in India. Your annual deposits up to Rs.1,50,000 qualify for tax deduction under Section 80C of the Income Tax Act, the interest earned is completely tax-free, and the maturity amount is also exempt from income tax.
Can I withdraw PPF before 15 years?
Partial withdrawals from PPF are allowed from the 7th financial year onwards. You can withdraw up to 50% of the balance at the end of the 4th preceding year or the balance at the end of the preceding year, whichever is lower. Premature closure is allowed after 5 years only for specific reasons like serious illness, higher education, or change in residency status.
Can I extend PPF after 15 years?
Yes, PPF can be extended after the initial 15-year maturity period in blocks of 5 years. You can extend with or without fresh contributions. If extended with contributions, you continue to get tax benefits under Section 80C. There is no limit on the number of 5-year extensions, allowing you to keep your money growing tax-free indefinitely.
Is PPF better than FD?
PPF offers several advantages over FD: tax-free interest (FD interest is fully taxable), Section 80C deduction on deposits, government-backed safety, and higher effective post-tax returns. However, FD offers more flexibility with shorter tenures (7 days to 10 years) and no lock-in period. PPF is better for long-term tax-free wealth creation, while FD suits short-term parking of funds.
How is PPF interest calculated?
PPF interest is calculated on the lowest balance between the 5th and the last day of each month. It is compounded annually and credited at the end of the financial year (March 31). This is why depositing before the 5th of each month or at the start of the financial year maximizes your interest earnings.
Who can open a PPF account?
Any Indian resident can open a PPF account. NRIs who had a PPF account before becoming non-resident can continue it until maturity but cannot extend. You can open one account in your name and one on behalf of a minor child. PPF accounts can be opened at designated post offices or authorized banks.