PPF Calculator — Public Provident Fund Returns
Calculate your PPF maturity amount with the current 7.1% interest rate. See year-wise growth of India's most trusted tax-free savings scheme.
Min ₹500 / Max ₹1,50,000 per year
Minimum 15 years. Extendable in 5-year blocks.
Current rate: 7.1% p.a. (Q1 FY26-27)
• EEE tax status — fully tax-free
• Backed by Government of India
• Partial withdrawal from Year 7
Your PPF Results
Enter your details and click Calculate
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What is PPF?
Public Provident Fund (PPF) is a long-term savings scheme backed by the Government of India, offering guaranteed, tax-free returns. It is one of the most popular savings instruments for Indian investors due to its EEE (Exempt-Exempt-Exempt) tax status — meaning contributions, interest earned, and maturity amount are all fully exempt from income tax.
PPF Key Features (FY 2026-27)
Current Interest Rate
7.1% p.a.
Revised quarterly by Govt
Minimum Deposit
₹500/year
Account becomes inactive if missed
Maximum Deposit
₹1,50,000/year
Excess deposits earn no interest
Lock-in Period
15 years
Extendable in 5-year blocks
Partial Withdrawal
From Year 7
Up to 50% of balance
Loan Against PPF
Year 3 to 6
Up to 25% of balance
Tax on Contributions
Exempt (80C)
Up to ₹1.5L under 80C
Tax on Maturity
100% Tax-free
EEE status
PPF vs Other Tax-Saving Investments
| Feature | PPF | ELSS | NPS | FD (5yr) |
|---|---|---|---|---|
| Returns | 7.1% (fixed) | 12-15% (market) | 10-12% (market) | 6.5-7% |
| Risk | Zero | High | Moderate | Zero |
| Lock-in | 15 years | 3 years | Till age 60 | 5 years |
| Tax on returns | Tax-free | LTCG 10% | Partial | Taxable |
| 80C benefit | Yes | Yes | Yes | Yes |
Frequently Asked Questions
How is PPF interest calculated?
PPF interest is calculated monthly on the minimum balance between the 5th and last day of the month. It is credited to your account on March 31 each year. To maximise interest, deposit before April 5 each year — this ensures your deposit earns interest for the full year.
Can I extend PPF beyond 15 years?
Yes. After maturity, you can extend in 5-year blocks any number of times. You can extend with or without contributions. Extending with contributions continues to earn interest and 80C benefits. Extending without contributions means the corpus continues to earn interest but no new tax deductions.
Is PPF better than SIP?
It depends on your goals. PPF offers guaranteed, tax-free returns with zero risk — ideal as the debt/safe component of your portfolio. SIP in equity mutual funds can deliver 12-15% CAGR but with market risk. Most financial advisors recommend PPF + ELSS/SIP combination: use PPF for the guaranteed foundation and SIP for wealth creation.
Where can I open a PPF account?
PPF accounts can be opened at any nationalised bank (SBI, PNB, BOB etc.), selected private banks (ICICI, Axis, HDFC), or any post office. Online account opening is available through most bank internet banking platforms. You can also manage and make deposits online.