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PPF Calculator

Calculate PPF maturity value, total deposits, and interest earned at the current 7.1% rate with annual compounding.

Results update instantly.Change any value and the estimate recalculates on the spot.

Money

PPF

Estimate your Public Provident Fund maturity value, total deposits, and interest earned at the current 7.1% rate.

₹
%
yrs

Maturity value

-

  • Total invested-
  • Interest earned-

PPF interest is set by the Government of India and can change every quarter. This assumes you deposit the full amount at the start of each year, which earns the maximum interest.

How to use

1. Enter your yearly deposit (up to ₹1,50,000). 2. Adjust the interest rate if it has changed. 3. Set the tenure in years and read the maturity value.

Worked example

Depositing ₹1,50,000 each year at 7.1% for 15 years gives a maturity value of ₹40,68,209: ₹22,50,000 invested and ₹18,18,209 earned as interest.

How the math works

Annual compounding with deposits at the start of each year: maturity = D x (((1+r)^n - 1) / r) x (1+r), where D is the yearly deposit, r the annual rate, and n the years. The extra (1+r) factor is the start-of-year deposit bonus.

What is the current PPF interest rate?
7.1% per annum for FY 2025-26, compounded yearly. The government revises it every quarter, so treat this as an estimate.
What are the minimum and maximum deposits?
You can deposit between ₹500 and ₹1,50,000 per financial year. Deposits above ₹1.5 lakh in a year earn no interest.
Can I extend PPF after 15 years?
Yes, in blocks of 5 years, with or without fresh deposits. The balance keeps earning the prevailing interest rate.
Is PPF interest taxable?
No. PPF follows the EEE regime: deposits qualify for 80C deduction, interest is tax-free, and the maturity amount is tax-free.

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How it works

How the PPF Calculator works

Quick answer: Depositing ₹1,50,000 a year in PPF at 7.1% for 15 years grows to about ₹40,68,209, of which ₹18,18,209 is interest.

Formula

Maturity = D × ((1 + r)^n − 1) ÷ r × (1 + r)

D is the yearly deposit made at the start of the year, r the annual rate, and n the years. PPF interest is compounded annually.

Worked example

₹1,50,000 a year, 7.1%, 15 years. Invested ₹22,50,000; maturity ₹40,68,209.

₹1,50,000 a year at 7.1%

TenureMaturity valueInterest
15 years₹40,68,209₹18,18,209Open
20 years₹66,58,288₹36,58,288Open
25 years₹1,03,08,015₹65,58,015Open

Assumptions and limits

  • The government resets the PPF rate quarterly; 7.1% is the rate used here.
  • The maximum deposit is ₹1,50,000 per financial year.

Frequently asked questions

What is the current PPF interest rate?

7.1% per annum for FY 2025-26, compounded yearly. The government revises it every quarter, so treat this as an estimate.

What are the minimum and maximum deposits?

You can deposit between ₹500 and ₹1,50,000 per financial year. Deposits above ₹1.5 lakh in a year earn no interest.

Can I extend PPF after 15 years?

Yes, in blocks of 5 years, with or without fresh deposits. The balance keeps earning the prevailing interest rate.

Is PPF interest taxable?

No. PPF follows the EEE regime: deposits qualify for 80C deduction, interest is tax-free, and the maturity amount is tax-free.

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