PPF calculator: your maturity value at 7.1%
Enter what you deposit each year. See your PPF balance after 15 years, or longer with extensions, all of it tax-free.
- Current rate 7.1%
- Year-by-year table
- Free, no sign-up
PPF is one part of your tax plan
Our experts check how PPF fits with your EPF, NPS and the regime you choose, so you don't lock money you need.
Questions people often ask
Can I put more than ₹1.5 lakh a year in PPF?
No. ₹1.5 lakh is the yearly limit, including deposits in a minor's account you hold.
Is PPF interest taxable?
No. Deposits count for 80C under the old regime, and both the interest and the maturity amount are tax-free.
PPF at a glance
Government-backed savings, fully tax-free.
| Interest rate | 7.1% (Oct–Dec 2026) |
| Deposit | ₹500 to ₹1.5 lakh a year |
| Term | 15 years, then 5-year extensions |
| Tax | 80C on deposits; interest tax-free |
Deposit by 5 April to earn interest for the whole year.
Last reviewed 8 October 2026. Rates are notified by the Ministry of Finance every quarter; these are for 1 October to 31 December 2026.
- Small savings schemes and interest rates National Savings Institute, Ministry of Finance
- Post office savings schemes India Post
- Tax rules for salaried individuals, AY 2026-27 Income Tax Department
Common questions
What is the PPF interest rate now?
7.1% a year for October to December 2026. The government reviews it every quarter.
How is PPF interest calculated?
Interest is worked out monthly on the lowest balance between the 5th and the end of the month, and added to your account once a year. Deposit by 5 April to earn interest on it for the whole year.
How much will ₹1.5 lakh a year in PPF become?
About ₹40.68 lakh after 15 years at 7.1%, if you deposit by 5 April each year. You'd have invested ₹22.5 lakh.
Can I extend my PPF after 15 years?
Yes, in blocks of 5 years, with or without new deposits. Apply within a year of maturity.
Is PPF tax-free?
Yes. Deposits count for 80C under the old regime, and the interest and maturity amount are tax-free under both regimes.
Can I withdraw from PPF early?
Partial withdrawals are allowed from the 7th financial year. Loans are available from the 3rd to the 6th year.
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