PPF Calculator — Maturity Amount & Tax-Free Returns 2026
Calculate your PPF maturity amount and interest at 7.1% p.a. (Q1 FY 2026-27). See year-by-year growth, EEE tax benefits and 80C savings — free PPF calculator updated for 2026.
Last updated: June 2026
₹150,000 per year
Investment frequency
Duration
Current rate Q1 FY 2026-27. Reviewed quarterly by the Government of India — unchanged since April 1, 2020.
Results (7.1% p.a.)
- Maturity amount
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- Total investment
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- Total interest earned
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EEE Tax Status — Triple Exempt
- ✓ 80C deduction on investment (up to ₹1.5L)
- ✓ Interest: 100% tax free
- ✓ Maturity: 100% tax free
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Year-by-year breakdown
Interest credited at 7.1% on the growing balance each year.
| Year | Opening balance | Investment | Interest @ 7.1% | Closing balance |
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💡 Maximise your PPF returns
- → Deposit before the 5th of the month to earn interest for that month.
- → Invest in April for maximum interest over the full financial year.
- → Keep at least ₹500/year to stop the account going dormant.
- → Partial withdrawals are allowed from the 7th year onwards.
- → A loan against the balance is available from the 3rd to 6th year.
- → Extend in 5-year blocks after the 15-year lock-in to keep compounding.
A free PPF calculator for tax-free, long-term wealth.
A PPF calculator shows exactly how a Public Provident Fund grows over its 15-year lock-in and beyond. The PPF is one of India's most popular long-term savings schemes because it combines a government-backed, assured return with complete tax exemption. Enter your yearly investment — anything from the ₹500 minimum to the ₹1.5 lakh annual ceiling — pick a tenure, and the calculator instantly projects your maturity amount, the total interest you'll earn, and a clear year-by-year table of how the balance compounds.
The current PPF interest rate is 7.1% per annum for Q1 of FY 2026-27. Rates are reviewed every quarter by the Government of India, but have held steady at 7.1% since April 2020. Interest is compounded annually on the balance, so the longer you stay invested, the more powerfully your money works. Over a full 15-year term, a large portion of your final corpus comes from interest rather than your own deposits — and if you extend the account in 5-year blocks, that compounding effect grows even stronger, which is why this tool also models 20, 25, and 30-year horizons.
Why PPF's EEE status matters
PPF carries an EEE (Exempt-Exempt-Exempt) tax treatment, the most favourable status available to an Indian investor. Your contribution is deductible up to ₹1.5 lakh a year under Section 80C, the interest accruing each year is fully tax-free, and the entire maturity amount is exempt when you withdraw it. Use the tax-slab selector above to see how much income tax your contribution saves you this year — at the 30% slab, a full ₹1.5 lakh investment can cut your tax by around ₹45,000, on top of the interest you earn. Compared with a fixed deposit, where interest is taxed at your slab rate every year, this triple exemption gives PPF a meaningful edge for long-term, conservative savers.
To get the most from the scheme, deposit before the 5th of the month so that month's balance earns interest, and ideally invest early in the financial year. Maintain at least the ₹500 minimum each year to keep the account active, and remember that partial withdrawals become available from the seventh year and a loan facility from the third. Everything in this calculator runs privately in your browser — nothing you enter is uploaded — so you can model different contribution levels and tenures as often as you like.
Financial Disclaimer: Results are estimates for informational purposes only and not financial or tax advice. The PPF rate is set quarterly and may change; the projection assumes deposits at the start of each year. Consult a qualified advisor before investing.
How it works
Three quick steps — no account, nothing uploaded to a server.
Enter your yearly investment
Use the slider or box (₹500 to ₹1.5 lakh) and choose a tenure.
See your maturity instantly
Maturity, total interest and the year-by-year table update live at 7.1%.
Check your tax saving
Pick your tax slab to see the 80C deduction you save this year.
Related reading
Rates and rules on this page are verified against National Savings Institute (Government of India). Last checked July 2026.
FAQ
Frequently asked questions
What is the current PPF interest rate?
The Public Provident Fund (PPF) interest rate is 7.1% per annum for Q1 of FY 2026-27. The rate is reviewed every quarter by the Government of India and has remained unchanged at 7.1% since 1 April 2020. Interest is calculated on the minimum balance between the 5th and the last day of each month and is compounded annually, credited at the end of the financial year. This calculator uses 7.1% and assumes deposits made at the start of the year for a clean year-by-year projection.
How is PPF maturity amount calculated?
PPF maturity is the sum of every yearly contribution plus the interest compounded on the growing balance. Each year, interest is added to the opening balance and that year's deposit, and the total carries forward to the next year. Over the 15-year lock-in, this compounding means a large share of your maturity value comes from interest rather than your own deposits. Enter your yearly investment and tenure above and the calculator shows the full year-by-year breakdown and the final maturity amount.
Is PPF tax-free?
Yes. PPF enjoys EEE (Exempt-Exempt-Exempt) status, which makes it one of the most tax-efficient investments in India. Your contribution qualifies for a deduction of up to ₹1.5 lakh per year under Section 80C, the interest earned each year is completely tax-free, and the entire maturity amount is tax-free on withdrawal. No tax is payable at any of the three stages, unlike a fixed deposit where interest is fully taxable.
What is the minimum and maximum PPF investment?
You must deposit at least ₹500 in a financial year to keep a PPF account active; if you miss this, the account becomes dormant and needs a penalty to revive. The maximum you can invest is ₹1.5 lakh per financial year, in a lump sum or in instalments. Deposits above ₹1.5 lakh do not earn interest and are not eligible for the 80C deduction, so this calculator caps the yearly amount at ₹1.5 lakh.
Can I extend my PPF account after 15 years?
Yes. The PPF lock-in is 15 years, after which you can withdraw the full amount tax-free or extend the account in blocks of 5 years — with or without further contributions. Extending lets your corpus keep compounding at the prevailing rate, which is why this calculator offers 15, 20, 25 and 30-year projections. You can also make partial withdrawals from the 7th year and take a loan against the balance between the 3rd and 6th years.