📊 Free Online Tool · FY 2025-26 · 7.1% p.a.
PPF Calculator Online
Public Provident Fund — Maturity & Returns
Calculate your PPF maturity corpus, year-wise interest, extension projections and loan eligibility — based on the current 7.1% rate for FY 2025-26. 100% tax-free returns under EEE status.
📦 PPF Maturity Calculator (15 Years)
Yearly Investment
₹500₹1.5L
Tenure
15 Yrs50 Yrs
Interest Rate (p.a.)
6%9%
Total Investment₹22,50,000
Total Interest Earned₹18,18,209
Maturity Amount₹40,68,209
Tax on Returns₹0 (Fully Exempt)
Section 80C Deduction₹1,50,000/yr
PPF Maturity Value
₹40.7L
at 15 years · ₹1,50,000/year
55%
Interest
Total Invested₹22.5L
Interest Earned₹18.2L
Maturity Corpus₹40.7L
Key Milestones
Partial withdrawal fromYear 7
Loan against PPF fromYear 3
Maturity / Extension fromYear 15
Max withdrawal at yr 750% of bal
📅 Year-wise PPF Projection
| Year | Opening Bal (₹) | Deposit (₹) | Interest (₹) | Closing Bal (₹) | Withdrawal? |
|---|
📐
PPF Calculation Formula
PPF interest is calculated monthly on the lowest balance between the 5th and last day of the month, but credited annually on 31st March.
Interest = Balance × Rate ÷ 12
(calculated monthly, credited yearly)
Tip: Deposit before 5th of the month to earn interest for that month. Deposits after 5th earn interest from next month.
(calculated monthly, credited yearly)
Tip: Deposit before 5th of the month to earn interest for that month. Deposits after 5th earn interest from next month.
🔒
PPF Rules & Lock-in
PPF has a 15-year maturity period with partial withdrawal and loan options:
Lock-in: 15 years (extendable in 5-yr blocks)
Min deposit: ₹500/year
Max deposit: ₹1,50,000/year (80C limit)
Partial withdrawal: From Year 7 onwards (50% of balance at end of Year 4 or Year 6, whichever is lower)
Loan: Years 3–6 (up to 25% of balance at end of 2nd preceding year)
Min deposit: ₹500/year
Max deposit: ₹1,50,000/year (80C limit)
Partial withdrawal: From Year 7 onwards (50% of balance at end of Year 4 or Year 6, whichever is lower)
Loan: Years 3–6 (up to 25% of balance at end of 2nd preceding year)
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PPF Tax Benefits (EEE)
PPF enjoys triple tax exemption — one of the highest in India:
Invest: Deduction u/s 80C up to ₹1.5L/yr
Earn: Interest is completely tax-free
Withdraw: Maturity amount fully exempt
NRI status: Existing accounts continue till maturity; new accounts cannot be opened by NRIs
Current rate: 7.1% p.a. (FY 2025-26)
Earn: Interest is completely tax-free
Withdraw: Maturity amount fully exempt
NRI status: Existing accounts continue till maturity; new accounts cannot be opened by NRIs
Current rate: 7.1% p.a. (FY 2025-26)
Frequently Asked Questions
PPF (Public Provident Fund) is a government-backed long-term savings scheme offering guaranteed, tax-free returns. The current interest rate is 7.1% per annum for FY 2025-26, compounded annually. Rates are reviewed quarterly by the government and linked to government security yields.
PPF has a mandatory 15-year lock-in period. However, partial withdrawals are allowed from Year 7 onwards — up to 50% of the balance at the end of Year 4 or Year 6, whichever is lower. Premature closure is allowed only after 5 years in specific cases: life-threatening illness, higher education of account holder or spouse/children, or change in residency status to NRI.
Yes — PPF can be extended in blocks of 5 years indefinitely after the initial 15-year term. You can extend with or without contributions. With contributions means you continue depositing up to ₹1.5L/year and earn interest — ideal for wealth building. Without contributions means the existing corpus earns interest without new deposits.
Always deposit before the 5th of each month. PPF interest is calculated on the minimum balance between the 5th and the last day of the month. A deposit on or before the 5th earns interest for that full month. If you make a lump sum deposit, do it before 5th April to maximise the full year's interest.
NRIs cannot open a new PPF account. However, if someone had a PPF account before becoming an NRI, they can continue operating the account until its maturity (15 years from opening). After maturity, the account cannot be extended. The interest earned remains tax-free in India, but may be taxable in the country of residence.
PPF offers guaranteed, sovereign-backed, tax-free returns — making it ideal for risk-averse investors and tax saving. FDs offer similar safety but interest is fully taxable. Mutual funds (especially ELSS under 80C) offer potentially higher returns with market risk and a shorter 3-year lock-in. The best choice depends on your tax slab, risk appetite and investment horizon. A CA can help you optimise. Consult TAXAJ →
The minimum deposit is ₹500 per financial year and the maximum is ₹1,50,000 per financial year. You can deposit in a maximum of 12 instalments per year or as a lump sum. The maximum also applies across your own account and a minor child's account combined. Exceeding ₹1.5L in a year earns no additional interest on the excess amount.
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