My Money

PPF calculator

PPF is a government-backed, fully tax-free savings scheme. It’s slow but certain — and over 25 years the interest overtakes what you put in.

₹
Paid by 5 April each year, as this assumes. Paying ₹12,500 a month instead earns a little less · max ₹1.5 lakh a year
 %
7.1% for Oct–Dec 2026, set every quarter
Keep the account for
PPF balance after 15 years
₹40,68,209
₹18,18,209 tax-free interest on ₹22,50,000 deposited
Deposited
₹22,50,000
Interest
₹18,18,209
Growth
1.81×

Balance, year by year

0₹12.5 L₹25 L₹37.5 L₹50 L13579111315
Your depositsInterest
Extend beyond 15 years and the interest overtakes your deposits — that’s where PPF really shines.
In the old regime your deposit also cuts tax under 80C (section 123 since April 2026) — up to ₹46,800 a year at the 30% slab. The rate here is 7.1%; the government resets it every quarter.
How it’s calculated

The maths, in plain words

Deposits

₹500 to ₹1.5 lakh a year. Deposits made by 5 April earn interest for the whole year, so we assume that.

Interest

Set by the government each quarter — 7.1% for Oct–Dec 2026 — and compounded yearly.

Extensions

After 15 years you can extend in 5-year blocks, with or without fresh deposits.

Questions

People also ask

Your inputs stay on this device. Use Copy link to save or share a calculation.

What is the PPF interest rate now?
7.1% a year for October–December 2026. It has been unchanged for many quarters in a row.
Is PPF tax-free?
In the old regime, deposits count under 80C. In both regimes, the interest and maturity amount are tax-free.
Can I withdraw early?
Partial withdrawals are allowed from the 7th year. Loans against PPF are allowed from year 3 to year 6.
Understand it

Related guides

All guides
Grow4 min read

The power of compounding — why starting early beats investing more

Two friends invest the same monthly amount. One stops at 35, one starts at 35. The result surprises almost everyone.

Grow

More in Grow

See all

SIP & lumpsum

Grow a monthly SIP or a one-time investment — with step-up.

Open

Goal planner

How much to invest each month to reach any goal.

Open

FD & RD

Fixed and recurring deposit maturity, compounded quarterly.

Open

SWP calculator

A monthly income from your investments — and how long it lasts.

Open

Sukanya Samriddhi

Tax-free savings for your daughter at 8.2%.

Open

What return did I get?

Your SIP’s real yearly return (XIRR), or the CAGR of any investment.

Open

Capital gains tax

Tax on selling shares, mutual funds, gold or property.

Open

Post office schemes

SCSS, MIS, NSC, KVP, TD and RD — payouts and maturity.

Open