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Oct 10, 2026 IST

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PPF calculator

Project the balance of a Public Provident Fund (PPF) account for a yearly deposit. The rate is set by the government each quarter; it is 7.1% for October–December 2026.

Rate 7.1% for October–December 2026. Checked 3 Oct 2026.

Result

Maturity value
…
Total deposited
…
Interest earned (tax-free)
…

DepositsInterest

An estimate for planning, not financial or tax advice. Figures are rounded.

Year-by-year breakdown
YearDepositInterestBalance

How it works

PPF interest is compounded once a year. The calculator assumes the yearly deposit is made by 5 April, so it earns interest for the whole year, and that the rate stays at the figure you enter.

Balance after year k = (balance after year k − 1 + deposit) × (1 + r)

Deposits are ₹500 to ₹1.5 lakh a year. The account matures after 15 full financial years and can be extended in blocks of 5 years. Deposits qualify for the Section 80C deduction under the old tax regime; interest and maturity are tax-free.

Questions readers ask

What is the current PPF interest rate?
7.1% a year for October–December 2026, compounded annually. The government reviews the rate every quarter.
How much can I deposit in PPF?
At least ₹500 and at most ₹1.5 lakh in a financial year, in one go or in instalments.
Is PPF interest taxable?
No. PPF is exempt at all three stages: deposits qualify for Section 80C (old regime), and both interest and the maturity amount are tax-free.