PPF Calculator
The Public Provident Fund is a government-backed long-term savings scheme with a 15-year lock-in, annual compounding, and an interest rate set (and revised quarterly) by the Ministry of Finance. This assumes the same deposit is made every year for the period you enter.
Balance compounds annually: each year, that year's deposit is added, then the full balance grows at the current PPF rate. Current rate: 7.1% per annum (Jul-Sep 2026 quarter).
How to use this calculator
Enter your planned annual deposit (the government caps this at Rs 1,50,000 per financial year) and the number of years. The calculator compounds annually at the current PPF rate and shows the maturity value.
What this doesn't account for
PPF's interest rate is revised every quarter by the Ministry of Finance; this calculator uses 7.1%, the confirmed rate for Jul-Sep 2026, for every year of the period, which will not match reality if the rate changes in a future quarter. It also assumes the same deposit amount and timing every year, and does not model partial withdrawals or loans against the account, both of which real PPF accounts allow after certain years.
Frequently asked questions
What is the current PPF interest rate?
7.1% per annum for the Jul-Sep 2026 quarter, unchanged for nine consecutive quarters as of this rate's confirmation. It is revised quarterly by the Ministry of Finance, so check the current rate before relying on this for a plan spanning future quarters.
What is the maximum I can deposit into PPF each year?
Rs 1,50,000 per financial year, across all your PPF accounts combined.
What is the PPF lock-in period?
15 years from account opening, extendable in blocks of 5 years after maturity. Partial withdrawals are permitted from the 7th year under specific rules.
Is PPF interest taxable?
No. PPF is an EEE (Exempt-Exempt-Exempt) instrument: the deposit, the interest earned, and the maturity amount are all exempt from income tax under current rules.
Does this calculator assume monthly or annual deposits?
Annual, with interest compounding once a year on the balance including that year's deposit. Real PPF interest is actually computed on the lowest balance between the 5th and last day of each month, so a real account funded via monthly deposits will differ slightly from this simplified annual model.
This is a generic financial calculation, not investment, loan or tax advice specific to you. BrokerLens is not a SEBI-registered investment adviser.