PPF Calculator

Public Provident Fund — calculate maturity amount and year-by-year interest at current rate of 7.1% p.a.

₹
₹500₹1,50,000
Current rate: 7.1% p.a. (Q1 2026-27)
PPF has a fixed tenure of 15 years. Partial withdrawal allowed from Year 7 onwards.

Maturity Amount

₹40,68,209

Total Invested

₹22,50,000

Interest Earned

₹18,18,209

Year-wise PPF Growth (15 Years)

Year-by-Year Breakdown (first 5 years)

Year 1
Deposit: ₹1,50,000 | Interest: ₹10,650
₹1,60,650
Year 2
Deposit: ₹1,50,000 | Interest: ₹22,056
₹3,32,706
Year 3
Deposit: ₹1,50,000 | Interest: ₹34,272
₹5,16,978
Year 4
Deposit: ₹1,50,000 | Interest: ₹47,355
₹7,14,334
Year 5
Deposit: ₹1,50,000 | Interest: ₹61,368
₹9,25,701

Frequently Asked Questions

What is the current PPF interest rate in 2026?
The current PPF interest rate is 7.1% per annum, compounded annually. The rate is set by the Government of India and reviewed quarterly. It has remained at 7.1% since April 2020.
What is the maximum amount I can invest in PPF per year?
You can invest a minimum of ₹500 and a maximum of ₹1,50,000 per financial year in PPF. Investments above ₹1.5 lakh do not earn interest and are not eligible for tax deduction under Section 80C.
Can I withdraw from PPF before 15 years?
Partial withdrawals are allowed from the 7th financial year onwards (up to 50% of the balance at the end of the 4th year or the immediately preceding year, whichever is lower). Premature full closure is allowed after 5 years only for medical emergencies or higher education.
Is PPF interest taxable in India?
No. PPF enjoys EEE (Exempt-Exempt-Exempt) tax status — the investment qualifies for deduction under Section 80C, the interest earned is completely tax-free, and the maturity amount is also tax-free.
Can I extend my PPF account beyond 15 years?
Yes. After maturity (15 years), you can extend the account in blocks of 5 years, with or without making fresh contributions. If you extend with contributions, you can still withdraw up to 60% of the opening balance of each 5-year block.