PPF Calculator India 2026 – Complete Guide
Calculate PPF maturity with year-wise breakdown. 7.1% p.a. | 100% Tax-Free | EEE Status
Current PPF Interest Rate — Q1 FY 2025-26
7.1%
per annum · Compounded Yearly · EEE Tax Status
15 Years
Min tenure
₹500 – ₹1.5L
Annual range
EEE
Exempt-Exempt-Exempt
Sec. 80C
Up to ₹1.5L
PPF Calculator: A PPF (Public Provident Fund) calculator computes the maturity value of annual investments at the government-declared rate, currently 7.1% p.a. (FY 2025-26), compounded annually over a minimum 15-year tenure. PPF has EEE status — deposits deductible under Section 80C, interest tax-free, and the entire maturity proceeds exempt under Section 10(11).
📊 PPF Key Statistics — Ministry of Finance
- Total PPF accounts in India: 10.5 crore+ — India Post (6.8 crore) and scheduled banks (3.7 crore). (India Post + RBI data, 2025)
- Annual PPF deposits: ₹82,000 crore in FY 2024-25. (Ministry of Finance, Small Savings Bulletin, 2025)
- PPF interest rate: 7.1% p.a. (Q1 FY 2025-26), compounded annually — unchanged since April 2020. Rate reviewed quarterly by Ministry of Finance. (MoF notification, April 2025)
- PPF is India’s only non-EPF instrument with EEE tax treatment — exempt on deposit (80C), exempt on interest (Sec 10(11)), and exempt at maturity — throughout its 60-year history. (Income Tax Act, Sections 80C & 10(11))
📊 PPF Maturity at a Glance — 7.1% p.a.
Compounded annually. Amounts are fully tax-free at maturity (EEE status). Invest before 5th April each year for maximum benefit.
| Yearly Investment | 15 Years | 20 Years | 25 Years | 30 Years |
|---|---|---|---|---|
| ₹25,000 / year | ₹6.78L | ₹11.10L | ₹17.18L | ₹25.75L |
| ₹50,000 / year | ₹13.56L | ₹22.19L | ₹34.36L | ₹51.50L |
| ₹75,000 / year | ₹20.34L | ₹33.29L | ₹51.54L | ₹77.25L |
| ₹1,00,000 / year | ₹27.12L | ₹44.39L | ₹68.72L | ₹1.03 Cr |
| ₹1,50,000 / year (max) | ₹40.68L | ₹66.58L | ₹1.03 Cr | ₹1.55 Cr |
All maturity amounts are tax-free u/s 10(11). Rate fixed by Ministry of Finance quarterly. Current 7.1% effective Q1 FY 2025-26. Extend PPF post-15 years in 5-year blocks for continued compounding.
₹500 – ₹1,50,000 (80C limit)
Current: 7.1% p.a.
Maturity Amount
₹40,68,209
✓ 100% Tax-Free
Reviewed by
CA Arjun Mehta
CA (ICAI) · B.Com (Hons) · 9+ years · Income Tax, GST & Investment Planning
Last reviewed: June 2026 · PPF & Small Savings
📊 Year-wise Investment Breakdown
| Year | Opening Balance | Investment | Interest (7.1%) | Closing Balance |
|---|
💼 6 Real Indian PPF Investment Stories
👨💻 Tech Professional
Amit, 28 – Bangalore
Software Engineer at startup
Strategy:
₹1,50,000/year × 15 years
Goal: House down payment
Maturity: ₹40.68L
Interest: ₹18.18L
Tax saved: ₹4.5L
👨👩👧👦 Family Man
Rajesh, 35 – Mumbai
Marketing Manager, married, 1 kid
Strategy:
₹1,00,000/year × 15 years
Goal: Child’s college fund
Maturity: ₹27.12L
Interest: ₹12.12L
Perfect for education
👩⚕️ Doctor
Dr. Priya, 32 – Chennai
General Physician
Strategy:
₹1,50,000/year × 20 years
Goal: Early retirement
Maturity: ₹66.58L
Interest: ₹36.58L
Extended tenure benefit
🏭 Business Owner
Suresh, 42 – Delhi
Textile business owner
Strategy:
₹75,000/year × 15 years
Goal: Risk-free corpus
Maturity: ₹20.34L
Interest: ₹9.09L
Stable alongside business
🎓 Fresh Graduate
Neha, 23 – Pune
Junior Analyst, first job
Strategy:
₹50,000/year × 15 years
Goal: Building wealth early
Maturity: ₹13.56L
Interest: ₹6.06L
Starting young advantage
👴 Senior Citizen
Mr. Kumar, 55 – Kolkata
Retired Govt. Employee
Strategy:
₹1,50,000/year × 15 years
Goal: Post-retirement corpus
Maturity: ₹40.68L
Interest: ₹18.18L
Age 70 secure fund
⚖️ PPF vs EPF vs NPS Comparison
| Feature | PPF | EPF | NPS |
|---|---|---|---|
| Interest Rate (2025) | 7.1% p.a. | 8.25% p.a. | Market-linked (9-14%) |
| Tax Treatment | EEE (100% free) | EEE (100% free) | EET (60% free) |
| Lock-in Period | 15 years | Till retirement | Till 60 years |
| Flexibility | High | Low | Medium |
| Withdrawal Rules | From 7th year | Limited scenarios | 60% at retirement |
| Risk Level | Zero | Zero | Moderate |
| Who Can Invest | Anyone | Salaried only | Anyone |
| Max Investment | ₹1.5L/year | 12% of salary | No limit |
❓ 15 Most Asked PPF Questions
1. What is current PPF rate?
7.1% p.a. for Q2 FY 2025-26, compounded annually. Revised quarterly by Govt.
2. Is PPF tax-free?
Yes! EEE status – deposit (80C), interest, maturity all 100% tax-free.
3. Min/Max investment?
Min: ₹500/year. Max: ₹1,50,000/year (aligns with 80C limit).
4. Can I withdraw early?
Partial: From 7th year (50% of 4th year balance). Full: After 5 years with penalty.
5. Loan against PPF?
Yes! 3rd-6th year, up to 25% of 2nd preceding year balance. Interest: PPF+1%.
6. Can I extend beyond 15 years?
Yes! Extend in 5-year blocks indefinitely with/without contributions.
7. Who can open?
Indian residents. One per person. Minors via guardian. NRIs can’t open new.
8. Where to open?
Post Office or banks (SBI, HDFC, ICICI, PNB). Online via net banking.
9. When to deposit for max interest?
Before 5th of month. Interest calculated monthly on lowest balance 5th-end.
10. Can I have multiple accounts?
No. Only one PPF per person. Minor’s account separate from parents.
11. What if I miss payment?
Account becomes dormant. Revive with ₹50/year penalty + minimum deposit.
12. Can I transfer PPF?
Yes! Transfer from one post office/bank to another anywhere in India.
13. Nomination mandatory?
Not mandatory but highly recommended for smooth transfer to family.
14. PPF vs FD which better?
PPF: Tax-free, longer tenure. FD: Flexible tenure, taxable interest.
15. Best PPF strategy?
Max out ₹1.5L yearly. Deposit before 5th April each year. Extend post-15 years.
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How the PPF Calculator Works
Calculates your Public Provident Fund maturity using government-declared interest at 7.1% p.a.
Enter Annual Investment
Input your yearly PPF contribution (₹500 to ₹1.5 lakh per year)
Set Investment Period
PPF has a 15-year lock-in. You can extend in 5-year blocks. Enter total tenure.
View Maturity Amount
Calculator shows year-wise balance, total interest earned, and final maturity amount
📐 The Formula
F = P × {[(1+i)ⁿ − 1] / i}
💡 5 Expert Tips
Professional advice to get the most from Public Provident Fund (PPF) Calculator
Open PPF Account on April 1 — Earn Full Year’s Interest
PPF interest is calculated on the minimum balance between 5th and last day of the month. Always deposit your annual ₹1.5L contribution before April 5 to earn interest on the full amount for 12 months. Late deposits forfeit 1-2 months of interest every year.
Continue Beyond 15 Years in Extension Mode
After the initial 15-year lock-in, you can extend PPF in 5-year blocks without any fresh contribution. The existing balance continues to earn 7.1% tax-free. This extension option creates a powerful perpetual tax-free compounding machine with full liquidity after year 15.
Open PPF Accounts for Minor Children
You can open a PPF account in the name of a minor child and contribute up to ₹1.5L per year — this counts towards the parent’s own ₹1.5L 80C limit. Over 18+ years, this can build a substantial tax-free education/marriage fund worth ₹40–80 lakh+.
Use PPF as Emergency Fund Alternative
From year 7, you can withdraw up to 50% of the balance at end of year 4 or year 5, whichever is lower. From year 3, loans against PPF are available at 1% above PPF rate. PPF can serve as a liquid backup alongside its long-term wealth-building role.
Combine PPF + ELSS for Optimal 80C Strategy
Use PPF for the debt portion of 80C (risk-free, guaranteed 7.1%, EEE) and ELSS for the equity portion (12%+ potential, 3-year lock-in, LTCG). Example: ₹75K in PPF + ₹75K in ELSS SIP fills ₹1.5L 80C with diversified risk profile.
❓ Frequently Asked Questions
Everything you need to know about Public Provident Fund (PPF) Calculator
Q1. What is the current PPF interest rate in FY 2025-26?
The PPF interest rate for FY 2025-26 remains at 7.1% per annum, compounded annually. The rate is set by the government each quarter. It has been steady at 7.1% since April 2020. PPF interest is completely tax-free under the EEE (Exempt-Exempt-Exempt) category.
Q2. What is the maximum and minimum PPF investment per year?
Minimum PPF investment: ₹500 per year (else account becomes inactive). Maximum: ₹1,50,000 per year (₹1.5 lakh per annum). The maximum limit applies per person — you cannot invest more than ₹1.5L/year even if you have multiple PPF accounts (which is actually not allowed; only one account per person).
Q3. What is the PPF lock-in period and can I withdraw early?
PPF has a 15-year lock-in from date of account opening. Partial withdrawal is allowed from the 7th financial year (after completion of 6 years) — up to 50% of the balance at the end of 4th year or end of preceding year, whichever is lower. Full premature closure allowed only after 5 years in specific cases (medical emergency, higher education).
Q4. Can I take a loan against my PPF account?
Yes, PPF loan is available from 3rd to 6th financial year. Loan amount: up to 25% of balance at end of 2nd preceding year. Interest rate: 1% above PPF rate (currently 8.1%). Repayment: within 36 months. Post loan repayment, you can take another loan. After 7th year, you can make partial withdrawals instead.
Q5. What happens to PPF after the 15-year maturity?
After 15 years: (1) Withdraw full amount — completely tax-free, (2) Extend for 5-year blocks without fresh contribution — balance continues earning 7.1%, (3) Extend for 5-year blocks WITH fresh contributions (most beneficial) — new ₹1.5L/year deposits + existing corpus all earn 7.1% EEE. Most experts recommend extending for maximum compounding.
Q6. Can I open a PPF account for my wife or children?
You can open PPF accounts for your spouse (separate account, ₹1.5L separate limit) and for your minor children (maximum ₹1.5L/year combined with your own account — same 80C limit). A person can only have one PPF account in their own name. Guardian manages minor’s account till the child turns 18.
Q7. Which is better — PPF or FD?
PPF advantages: 7.1% (usually higher than FD), completely tax-free interest (EEE), government-backed, annual 80C deduction. FD advantages: flexible tenure, liquidity (premature withdrawal), higher rates available (some banks: 7.5-8% for senior citizens). For long-term, PPF is clearly superior due to tax exemption on returns.
Q8. Is PPF safe? What is the risk?
PPF is one of the safest investments in India — it is backed by the Government of India with sovereign guarantee. There is zero credit risk. The only risks are: (1) Interest rate risk (rate can be reduced by government), (2) Inflation risk (if inflation exceeds 7.1%, real return is negative). But as a debt instrument, PPF is the safest available.
Q9. Can NRIs invest in PPF?
No. NRIs cannot open new PPF accounts. If someone became NRI after opening a PPF account, they can continue their existing account till maturity (15 years) but cannot extend beyond maturity. NRIs can, however, invest in NPS, ELSS, and other instruments.
Q10. What is the PPF deposit frequency?
PPF deposits can be made monthly, quarterly, annually, or as a lump sum — in maximum 12 instalments per year. For maximum interest benefit, deposit before the 5th of each month (interest calculated on lowest balance between 5th and end of month). Annual lump sum before April 5 gives maximum benefit.
Q11. How is PPF different from EPF?
EPF (Employee Provident Fund): mandatory for salaried employees, both employee (12%) and employer contribute, slightly higher rate (8.15%), accessible at retirement or resignation. PPF: voluntary for anyone, individual contribution only, slightly lower rate (7.1%), 15-year lock-in. Both are EEE — completely tax-free.
Q12. What documents are needed to open a PPF account?
Documents required: (1) Identity proof — PAN card (mandatory), Aadhaar, (2) Address proof — Aadhaar, utility bill, (3) Passport size photographs, (4) Nomination form. Accounts can be opened at any SBI, HDFC, ICICI, PNB, post office or through their net banking. Online opening is available for existing account holders of these banks.
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Calculator Disclaimer
For Informational Purposes Only: The Public Provident Fund (PPF) Calculator provides estimates based on the inputs you enter and standard financial formulas. Results are indicative only and do not constitute financial advice.
Not a Guarantee: Actual returns, tax liability, or financial outcomes may differ due to market conditions, regulatory changes, or individual circumstances not captured in the calculator.
Professional Advice: For significant financial decisions, please consult a SEBI-registered Investment Advisor, Chartered Accountant, or certified financial planner.
Data Currency: All rates, slabs, and parameters are updated periodically. Verify current rates from official sources (RBI, SEBI, Income Tax Department, IRDAI) before making decisions.
PPF governed by Ministry of Finance. Managed at India Post — indiapost.gov.in and authorised banks. Rates: finmin.nic.in. 80C: incometax.gov.in.
Last Updated: 17 Jun 2026 | Data Source: RBI, SEBI, Income Tax Act 1961, IRDAI | Maintained by CalcWise.Finance