PPF Calculator 2026

Calculate Public Provident Fund Maturity Amount & Returns

Min: ₹500 | Max: ₹1,50,000 per year
Min: 15 years (can extend in blocks of 5 years)
Current rate: 7.1% p.a. (Q4 FY 2025-26)

What is PPF (Public Provident Fund)?

Public Provident Fund (PPF) is a long-term savings scheme backed by the Government of India. It offers attractive interest rates with EEE (Exempt-Exempt-Exempt) tax benefits under Section 80C of Income Tax Act.

PPF Features & Benefits

  • Lock-in Period: 15 years (extendable in blocks of 5 years)
  • Investment Limit: Min ₹500 to Max ₹1,50,000 per year
  • Interest Rate: 7.1% p.a. (revised quarterly by Govt)
  • Tax Benefits: Investment deduction under 80C + Tax-free interest + Tax-free maturity
  • Loan Facility: Available from 3rd to 6th year
  • Partial Withdrawal: Allowed from 7th year onwards

How is PPF Interest Calculated?

PPF interest is calculated on the lowest balance between 5th and last day of the month. Hence, it's advisable to deposit before the 5th of every month to maximize interest.

Formula: Maturity Amount = P × [(1 + r)^n - 1] / r
Where P = Annual deposit, r = Interest rate, n = Number of years

Who Should Invest in PPF?

PPF is ideal for risk-averse investors seeking guaranteed returns with complete tax benefits. Perfect for retirement planning and long-term wealth creation.

What is PPF Calculator?

A PPF (Public Provident Fund) Calculator helps you calculate maturity amount, interest earned, and wealth accumulation for your PPF investment over 15 years or extended tenure. PPF offers 7.1% annual interest (compounded annually), EEE tax benefit (tax-free at entry, during, and exit), and government-backed safety. Plan your long-term savings, retirement corpus, or child's education fund with accurate PPF calculations!

Formula

Maturity Amount = P × [{(1 + r)^n - 1} / r] Where: P = Annual investment, r = Interest rate (7.1%), n = Years (15) Interest = Maturity Amount - Total Investment PPF Return is compounded annually on March 31st

Benefits of Using PPF Calculator

Tax-Free Returns – No TDS, no tax on maturity (Section 80C)
Government Backed – 100% safe, risk-free investment
7.1% Interest Rate – Compounded annually, better than FDs
15-Year Lock-in – Extendable in 5-year blocks
Loan Facility – Loan against PPF from 3rd year onwards
Partial Withdrawal – Allowed from 7th year (max 50%)
Pro Tip: Invest before 5th of every month! Interest is calculated on lowest balance between 5th and end of month. ₹5,000 invested on 4th earns full month interest, but on 6th earns nothing for that month!

Frequently Asked Questions

Minimum: ₹500/year, Maximum: ₹1,50,000/year. You can invest in lump sum or 12 installments. Most people invest ₹1.5 lakh to claim full Section 80C deduction. Even ₹5,000/month = ₹60,000/year builds great corpus!

Current PPF interest rate: 7.1% per annum (compounded annually). Government reviews rates quarterly. Historical rates: 2020 (7.1%), 2019 (7.9%), 2016 (8.1%). Rate changes don't affect existing corpus, only new deposits!

Full withdrawal: After 15 years maturity. Partial withdrawal: From 7th year onwards (max 50% of balance). Premature closure: After 5 years only for medical emergency/higher education with penalty. Plan for long-term!

No! Only ONE PPF account per person allowed. You can have one in your name + one for minor child. If you accidentally open 2nd account, it will be closed and earn POST OFFICE savings interest (4%) only!

PPF: 7.1%, fully tax-free, 100% safe, 15-year lock-in. NPS: 9-12% returns, 60% tax-free, market-linked risk, till age 60. For safety: PPF. For higher returns: NPS. Ideally invest in both!

Yes! Extend in 5-year blocks UNLIMITED times. You can continue with contributions OR without contributions (interest will keep growing). Great for retirement planning after original 15 years!

Related Calculators

FD Calculator
SIP Calculator
Retirement Calculator