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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

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