PPF Calculator
The PPF Calculator helps you calculate the maturity value of your Public Provident Fund account. PPF offers 7.1% interest (Q1 FY 2026-27), tax-free returns, and a 15-year lock-in (extendable in 5-year blocks).
Calculation Formula
- P = Principal amount
- r = Annual interest rate (decimal)
- n = Number of years
- t = Compounding frequency per year
How to Use This Calculator
Enter the annual investment amount, interest rate, and time period. The maturity value updates automatically. The chart shows the breakdown between your invested principal and the interest earned.
This calculator is for informational purposes only. Investment returns are illustrative and based on assumed rates that may vary. Market-linked investments carry risk and past performance does not guarantee future returns. Interest rates on small savings schemes are reviewed quarterly by the Government of India. Consult a SEBI-registered financial advisor before making investment decisions.
Frequently Asked Questions
Find answers to common questions about ppf calculator. Click on any question to expand the answer.
No, an individual can have only one PPF account in their name. Having multiple accounts is not allowed. However, you can open a separate PPF account for a minor child where you are the guardian. The combined investment limit is ₹1.5 lakh.
The PPF interest rate for FY 2026-27 is 7.1% per annum, compounded annually. The rate is reviewed quarterly by the government and has remained at 7.1% since Q2 FY 2020-21.
Invest before 5th of every month to get interest for that month. Best strategy is to invest the full amount between April 1-5 of each financial year. This maximizes interest as your money earns interest for all 12 months.
Yes, after 15 years, you can extend PPF in blocks of 5 years. You can continue with or without fresh deposits. During extension, you can make one withdrawal per year up to 60% of the balance at the start of the extension period.
PPF offers EEE tax status (tax-free investment, interest, and maturity) under the Income Tax Act, 2025, while FD interest is taxable. For someone in the 30% tax slab under the old regime, PPF's 7.1% is equivalent to FD's ~10% pre-tax. However, FD has no lock-in while PPF has 15-year tenure.
Yes, you can take a loan against PPF from 3rd to 6th year of opening. The loan amount can be up to 25% of the balance at the end of 2nd preceding year. Interest rate is 1% above PPF rate. No loan facility after 6th year.
Under the Income Tax Act, 2025, PPF offers EEE (Exempt-Exempt-Exempt) tax status. Contributions qualify for deduction under Section 80C (up to ₹1.5 lakh), the annual interest earned is tax-exempt, and the maturity proceeds are completely tax-free.
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