What is the current PPF interest rate for 2026-27?

The PPF interest rate is set by the Government of India every quarter. For FY 2026-27 the rate stands at 7.1% per annum, compounded annually. This calculator lets you edit the rate if the government revises it.

What is the maximum and minimum PPF deposit per year?

You can deposit a minimum of ₹500 and a maximum of ₹1,50,000 in a PPF account in one financial year, in up to 12 instalments.

Is PPF maturity amount taxable?

No. PPF enjoys EEE (Exempt-Exempt-Exempt) status: the deposit qualifies for deduction under Section 80C, the interest earned every year is tax-free, and the maturity amount is fully tax-exempt.

Does this PPF calculator work for SBI, Post Office, HDFC and ICICI accounts?

Yes. The PPF interest rate is fixed by the Government of India and is identical across SBI, Post Office, HDFC, ICICI, Axis and every other bank offering PPF accounts, so this calculator applies to all of them.

Can I extend my PPF account after 15 years?

Yes. After the initial 15-year tenure, a PPF account can be extended indefinitely in blocks of 5 years, either with continued contributions or without fresh deposits.

How is PPF interest calculated?

Interest is calculated on the lowest balance between the 5th and the last day of each month, and is credited once a year on 31 March. This calculator assumes your yearly amount is deposited at the start of the year so it earns interest for all 12 months.

Can I withdraw from PPF before 15 years?

Partial withdrawals are allowed from the 7th financial year. A loan against the PPF balance is available from the 3rd to the 6th year. Premature closure is allowed only in specific cases such as serious illness or higher education, after 5 years, with a 1% interest penalty.

Secure Your Tomorrow

PPF Calculator

Calculate your Public Provident Fund maturity amount, interest earned and total returns instantly. Updated for FY 2026-27 interest rate of 7.1% p.a.

100% FreeNo Registration
AccurateCalculations
Works for All BanksSBI, Post Office, HDFC, ICICI

Long Term Wealth Creation

Build a secure financial future for you and your family

Attractive Interest Rate

7.1% p.a. (FY 2026-27) compounded annually

Tax Benefits

EEE Status (Exempt – Exempt – Exempt)

Safe & Secure

Backed by Government of India

Flexible Tenure

15 years + extension in 5 year blocks

Your PPF Results

Maturity Amount₹40,68,209Total wealth at end of 15 years

Total Interest Earned₹18,18,209Interest on your investment

Total Investment₹22,50,000Your yearly deposits

Investment Growth Over 15 Years

Years

Year-wise PPF Growth

Year	Yearly Deposit (₹)	Interest (₹)	Total Balance (₹)
1	1,50,000	10,650	1,60,650
2	1,50,000	22,056	3,32,706
3	1,50,000	34,272	5,16,978
4	1,50,000	47,355	7,14,334
5	1,50,000	61,368	9,25,701
···
14	1,50,000	2,41,872	36,48,515
15	1,50,000	2,69,695	40,68,209

How PPF Calculator Works?

Get your results in just a few simple steps

1
Enter DetailsAdd your yearly investment, tenure and interest rate.
2
CalculateOur calculator will instantly compute your results.
3
View ResultsGet maturity amount, interest earned and year-wise growth.

Why Choose PPF?

A smart choice for long-term financial security

High ReturnsBetter than traditional savings accounts

Tax FreeTriple tax benefit (EEE status)

Government Backed100% safe and secure investment

FlexibleExtendable beyond 15 years

PPF guide

What is a PPF calculator?

A PPF calculator is a free online tool that estimates the maturity value, total interest earned and total investment of your Public Provident Fund (PPF) account. Instead of manually working out compound interest year after year, you enter your yearly deposit, tenure and the current PPF interest rate, and the calculator instantly shows how your money grows — making it easier to plan a long-term, tax-free savings goal.

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The formula

PPF calculator formula — how the maturity amount is calculated

The PPF maturity amount is calculated using annual compound interest on your running balance. For every year of the tenure, the calculator adds your yearly deposit, then applies the current PPF interest rate to the updated balance:

1
Add the yearly depositBalance (this year) = Balance (last year) + Yearly Deposit
2
Apply the interest rateInterest = Balance × Interest Rate
3
Update the closing balanceBalance = Balance + Interest

This repeats for every year of your chosen tenure (15 years by default, extendable in blocks of 5). The PPF interest rate is compounded annually, though in practice it is calculated monthly on the lowest balance between the 5th and last day of each month — so depositing before the 5th of the month earns interest for that month too.

Current rate

Current PPF interest rate for FY 2026-27

7.1%p.a. · FY 2026-27

The PPF interest rate for FY 2026-27 is 7.1% per annum, reviewed and notified by the Government of India every quarter. This rate applies uniformly across every PPF account in the country — whether held with SBI, Post Office, HDFC Bank, ICICI Bank, Axis Bank or any other authorised bank — since PPF is a central government savings scheme, not a bank product.

Minimum yearly deposit₹500
Maximum yearly deposit₹1,50,000
Standard tenure15 years, extendable in 5-year blocks
Interest compoundedAnnually, on the lowest monthly balance

Tax-free wealth

PPF tax benefits — EEE status explained

PPF is one of the few investments in India with EEE (Exempt-Exempt-Exempt) tax status, making the maturity amount you see above completely tax-free:

Investment stageDeposits up to ₹1.5 lakh a year qualify for deduction under Section 80C (old tax regime).

Accumulation stageInterest credited every year is fully exempt from tax.

Maturity stageThe entire maturity amount — principal plus interest — is tax-free on withdrawal.

Why this calculator

Why use an online PPF calculator?

Working out 15 years of compound interest by hand is slow and error-prone. An online PPF investment calculator gives you an instant, accurate estimate so you can:

Compare how different yearly deposit amounts change your final corpus

Plan whether to extend your account beyond 15 years

See exactly how much of your maturity value comes from interest versus your own deposits

Set a realistic long-term goal, such as retirement or a child's education, with tax-free certainty

Frequently Asked Questions

Find answers to common questions about PPF calculator and scheme.

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