PPF Calculator India 2026
Calculate your Public Provident Fund maturity amount with year-wise breakdown. Plan your tax-free retirement corpus with EEE benefits.
₹40.7L
Maturity Value
+₹18.2L
Interest Earned
1.81x
Wealth Multiplier
₹6.75L
Tax Saved (Est)
Investment Details
₹
1.50 Lakh
Max Rs 1,50,000 per year
years
15 years50 years
₹
Existing balance (if any)
PPF Settings
% p.a.
6% p.a.9% p.a.
Lock-in Period15 years
Tax StatusEEE (Exempt)
Section 80C BenefitUp to Rs 1.5L
Total Invested
₹22.5L
Interest Earned
₹18.2L
Maturity Value
₹40.7L
Effective Return
5.4% CAGR
Tax-free
Investment vs Returns
Total Invested
Interest Earned
Balance Growth Over Time
Year-wise PPF Projection
| Year | Deposit | Opening Balance | Interest | Closing Balance |
|---|---|---|---|---|
| 1 | ₹1.50L | ₹0 | +₹10.7K | ₹1.61L |
| 2 | ₹1.50L | ₹1.61L | +₹22.1K | ₹3.33L |
| 3 | ₹1.50L | ₹3.33L | +₹34.3K | ₹5.17L |
| 4 | ₹1.50L | ₹5.17L | +₹47.4K | ₹7.14L |
| 5 | ₹1.50L | ₹7.14L | +₹61.4K | ₹9.26L |
| 6 | ₹1.50L | ₹9.26L | +₹76.4K | ₹11.5L |
| 7 | ₹1.50L | ₹11.5L | +₹92.4K | ₹13.9L |
| 8 | ₹1.50L | ₹13.9L | +₹1.10L | ₹16.5L |
| 9 | ₹1.50L | ₹16.5L | +₹1.28L | ₹19.3L |
| 10 | ₹1.50L | ₹19.3L | +₹1.48L | ₹22.3L |
| 11 | ₹1.50L | ₹22.3L | +₹1.69L | ₹25.5L |
| 12 | ₹1.50L | ₹25.5L | +₹1.92L | ₹28.9L |
| 13 | ₹1.50L | ₹28.9L | +₹2.16L | ₹32.6L |
| 14 | ₹1.50L | ₹32.6L | +₹2.42L | ₹36.5L |
| 15 | ₹1.50L | ₹36.5L | +₹2.70L | ₹40.7L |
PPF Key Features
Tax Benefits (EEE)
- - Deposits: Tax deductible u/s 80C
- - Interest: Tax-free
- - Maturity: Tax-free
Investment Rules
- - Min deposit: Rs 500/year
- - Max deposit: Rs 1,50,000/year
- - Lock-in: 15 years (extendable)
Withdrawal Rules
- - Partial withdrawal: After 7 years
- - Loan facility: 3rd to 6th year
- - Extension: 5-year blocks
Frequently Asked Questions About PPF
What is the current PPF interest rate for 2025-26?
The PPF interest rate for Q1 FY 2025-26 is 7.1% per annum. The government revises small savings rates quarterly based on G-Sec yields. PPF rates have ranged from 7.1% to 8.7% over the past decade. Despite lower rates than EPF (8.25%), PPF offers completely tax-free returns (EEE status).
Can I open multiple PPF accounts?
No, you can have only one PPF account in your name. If you accidentally open multiple accounts, only the first account remains valid, and others must be closed. However, you can open a separate PPF account for your minor child (you as guardian). This minor account has separate Rs. 1.5L limit.
Should I invest in PPF or ELSS for tax saving?
ELSS offers higher returns (12-15% historically) but with market risk and 3-year lock-in. PPF offers guaranteed 7.1% with 15-year lock-in. For risk-averse investors or those wanting debt allocation, PPF is better. For long-term wealth creation and higher risk tolerance, ELSS wins. Many investors use both.
What happens if I miss PPF deposits in a year?
If you miss a year's deposit, the account becomes inactive. To reactivate: Pay Rs. 500 minimum deposit + Rs. 50 penalty for each year of default. You won't earn interest for the inactive years. To avoid this, set up auto-debit or pay at least Rs. 500 annually.
When should I deposit in PPF to maximize interest?
Deposit between 1st-5th of each month. PPF interest is calculated on the minimum balance between 5th and end of month. Depositing before 5th April ensures interest for the full year. A lump sum before April 5th is optimal; monthly deposits are second-best.
Can I extend PPF after 15 years?
Yes, you can extend in 5-year blocks indefinitely. Two options: 1) Extension without contribution - existing balance continues earning interest, you can withdraw any amount anytime. 2) Extension with contribution - continue investing up to Rs. 1.5L/year with 80C benefit. Decide within 1 year of maturity.
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Disclaimer
This calculator provides estimates for educational purposes only. Actual results may vary based on government policy changes and interest rate revisions. Consult a qualified financial advisor for personalized advice.
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