PPF Calculator
Maturity value of yearly PPF deposits, with extensions.
Minimum ₹500, maximum ₹1,50,000 a financial year.
7.1% for October–December 2026.
When you deposit each year
Your result
—
Enter your numbers to see the result.
This PPF calculator shows what your Public Provident Fund account will be worth at maturity. Enter your yearly deposit and choose the term, from the basic 15 years to extensions in 5-year blocks. It uses the current PPF interest rate of 7.1% and shows your total deposits, the tax-free interest and a year-by-year table.
What is a PPF Calculator?
The Public Provident Fund (PPF) is a long-term savings scheme backed by the Government of India. You can open one account at a post office or bank, deposit between ₹500 and ₹1,50,000 each financial year, and the account matures after 15 full financial years. After that you can extend it in blocks of 5 years, with or without fresh deposits.
PPF is popular because it combines safety, a reasonable fixed rate and tax benefits. Interest and the maturity amount are tax-free, and under the old tax regime your deposits qualify for a deduction. A PPF calculator shows how much the account will grow so you can plan your yearly deposits.
How does the PPF Calculator work?
PPF interest is worked out every month on the lowest balance between the 5th and the last day of the month, and credited once a year on 31 March. That is why deposits made by 5 April earn interest for the whole year.
The calculator models this with yearly compounding. If you deposit by 5 April, each deposit earns a full year’s interest; if you deposit near the end of the year, it earns almost nothing until the next year.
How to use the PPF Calculator step by step
- Enter your yearly deposit, between ₹500 and ₹1,50,000.
- Check the PPF rate; it is pre-filled with the current rate.
- Choose the term: 15 years or an extension.
- Choose when you deposit each year.
- Read the maturity value, deposits and interest.
- Scroll the yearly table or download it.
PPF Calculator example with real numbers
You deposit the maximum ₹1,50,000 into your PPF account before 5 April every year for 15 years, at the current 7.1% rate.
| Example input | Value |
|---|---|
| Yearly deposit | ₹1,50,000 |
| PPF interest rate | 7.1% |
| Term | 15 years (original term) |
| When you deposit each year | By 5 April |
| Example output | Value |
|---|---|
| Maturity value after 15 years | ₹40,68,209 |
| Total deposits | ₹22,50,000 |
| Total interest (tax-free) | ₹18,18,209 |
| Deduction under old regime | Up to ₹1,50,000 a year (familiar as Section 80C) |
The PPF calculator shows a maturity value of ₹40,68,209. You deposit ₹22,50,000 and earn ₹18,18,209 as interest, all of it tax-free. Extending by two more 5-year blocks with deposits would grow the account much further.
Key features of this PPF Calculator
- Current 7.1% PPF rate pre-filled
- 15-year term plus 5-year extensions
- Deposit timing option
- Year-by-year balance table
- Tax-free interest shown separately
Who should use the PPF Calculator?
Who is this PPF Calculator for?
- Salaried and self-employed savers wanting safe long-term growth
- Parents opening PPF accounts for children
- People using the old tax regime who want a deduction
- Conservative investors building a retirement cushion
Practical use cases
- Finding the maturity of ₹1.5 lakh a year for 15 years
- Seeing the effect of depositing before 5 April
- Deciding whether to extend the account
- Comparing PPF with ELSS or NPS
Key benefits
- Tax-free maturity: no tax on interest or the final amount.
- Government-backed: very low risk.
- Planning clarity: see your future balance year by year.
- Timing insight: learn why early deposits earn more.
Tips for better results
- Deposit before 5 April each year to earn interest for the whole year.
- If you deposit monthly, pay before the 5th of each month.
- Extend with deposits if you do not need the money; the tax-free status continues.
- Keep at least ₹500 a year going to avoid the account becoming inactive.
Common mistakes to avoid
- Depositing after the 5th and losing a month’s interest.
- Depositing more than ₹1,50,000 in a year; the extra earns nothing.
- Letting the account lapse by missing the minimum yearly deposit.
- Forgetting to submit the extension form within a year of maturity.
Limitations of this PPF Calculator
- It assumes the current rate stays the same for the whole term.
- It uses yearly compounding, matching how interest is credited.
- It does not model partial withdrawals or loans against PPF.
PPF Calculator vs other ways to calculate
| Option | Return | Lock-in | Tax on returns |
|---|---|---|---|
| PPF | 7.1% (reviewed quarterly) | 15 years | Tax-free |
| ELSS mutual fund | Market-linked | 3 years | LTCG above ₹1.25 lakh taxed |
| NPS | Market-linked | Till 60 | Partly taxable |
| Sukanya Samriddhi | 8.2% | 21 years from opening | Tax-free |
For a daughter under 10, the Sukanya Samriddhi calculator offers a higher rate. For market-linked retirement savings, compare with the NPS calculator.
Privacy and data handling
This PPF Calculator runs entirely in your browser. The numbers you type are not sent to Qorico or stored on any server, and nothing is saved after you close the page. The Copy and Download buttons create the result on your own device. If the page has analytics turned on, it may count that a calculation happened, but it does not record the values you entered.
PPF Calculator FAQs
What is the current PPF interest rate?
PPF earns 7.1% a year for October–December 2026. The rate is reviewed every quarter by the Ministry of Finance.
How much will ₹1.5 lakh a year give in 15 years?
At 7.1%, depositing ₹1,50,000 before 5 April each year for 15 years gives about ₹40.7 lakh, of which ₹22.5 lakh is your deposits.
Can I extend PPF after 15 years?
Yes. You can extend it any number of times in blocks of 5 years, with or without deposits, by submitting a form within one year of maturity.
Is PPF maturity amount tax-free?
Yes. Interest and the maturity amount are fully exempt from tax. Deposits qualify for a deduction under the old regime.
When should I deposit in PPF?
Before 5 April for a yearly deposit, or before the 5th of each month for monthly deposits, so the money earns interest for that month.
Can I withdraw from PPF before maturity?
Partial withdrawals are allowed from the seventh financial year, and loans are available from the third year, subject to limits.
Related tools
Sources and references
We checked the method and the current figures used in this PPF Calculator against these official and primary sources:
- National Savings Institute: small savings schemes
- India Post: Post Office Savings Schemes
- Department of Economic Affairs, Ministry of Finance
- Income Tax Department of India
Written and reviewed by the Qorico Team
