PPF Calculator — Public Provident Fund Maturity
PPF (Public Provident Fund) is a 15-year tax-free Govt of India savings scheme with current interest of 7.1% p.a. Our PPF calculator handles both yearly lump-sum and monthly deposits and shows year-wise interest + balance.
Formula
Monthly: yearInt = opening × r + 6.5 × monthlyDep × r Yearly: yearInt = (opening + yearlyDep) × r
Example
₹1.5 lakh/year for 15 years @ 7.1% → maturity ≈ ₹40,68,209 (invested ₹22.5L, tax-free interest ₹18.18L).
Frequently Asked Questions
What is the PPF interest rate in 2026?
The current PPF rate is 7.1% per annum (compounded annually). Rates are reviewed quarterly by the Govt of India.
Is PPF tax-free?
Yes — PPF falls under EEE: deposit (80C up to ₹1.5L), interest and maturity all tax-free.
Can I withdraw PPF before 15 years?
Partial withdrawal is allowed from year 7. Premature closure allowed after 5 years on specific grounds with 1% penalty.
What's the max yearly deposit in PPF?
₹1,50,000 across all your PPF accounts (and minors).
Related calculators
- NSC Calculator — National Savings Certificate
- Sukanya Samriddhi Calculator (SSY)
- SCSS Calculator — Senior Citizen Saving Scheme
- FD Calculator — Fixed Deposit Maturity
- Income Tax Calculator FY 2025-26 — Old vs New Regime
EMI Mitra is a 100% free, on-device personal-finance toolkit for India. No signup, no data leaves your browser. Explore all calculators →