PPF Calculator: Public Provident Fund Maturity and Yearly Interest
Enter how much you will deposit each financial year (₹500 to ₹1.5 lakh) and the years. The rate is the one notified for October–December 2026; you can change it.
- Nothing you type is stored
- Free
- No signup
Maturity value
₹40,68,209
- Total invested
- ₹22,50,000
- Total interest
- ₹18,18,209
- In words
- 40.68 lakh
Uses 7.1% for every year. The rate is set every quarter (7.1% for Oct–Dec 2026). Deposits made by 5 April earn interest for the full year.
Year by year
| Year | Deposit | Interest | Balance |
|---|---|---|---|
| 1 | ₹1,50,000 | ₹10,650 | ₹1,60,650 |
| 2 | ₹1,50,000 | ₹22,056 | ₹3,32,706 |
| 3 | ₹1,50,000 | ₹34,272 | ₹5,16,978 |
| 4 | ₹1,50,000 | ₹47,355 | ₹7,14,334 |
| 5 | ₹1,50,000 | ₹61,368 | ₹9,25,701 |
| 6 | ₹1,50,000 | ₹76,375 | ₹11,52,076 |
| 7 | ₹1,50,000 | ₹92,447 | ₹13,94,524 |
| 8 | ₹1,50,000 | ₹1,09,661 | ₹16,54,185 |
| 9 | ₹1,50,000 | ₹1,28,097 | ₹19,32,282 |
| 10 | ₹1,50,000 | ₹1,47,842 | ₹22,30,124 |
| 11 | ₹1,50,000 | ₹1,68,989 | ₹25,49,113 |
| 12 | ₹1,50,000 | ₹1,91,637 | ₹28,90,750 |
| 13 | ₹1,50,000 | ₹2,15,893 | ₹32,56,643 |
| 14 | ₹1,50,000 | ₹2,41,872 | ₹36,48,515 |
| 15 | ₹1,50,000 | ₹2,69,695 | ₹40,68,209 |
How to use
- Enter your yearly PPF deposit, up to ₹1,50,000.
- Keep the current rate (7.1%) or enter a different one.
- Choose 15 years, or 20, 25, 30… if you plan to extend.
Good to know
PPF interest is 7.1% a year for 1 October to 31 December 2026, unchanged since April 2020; the Government reviews it every quarter. Interest is worked out on the lowest balance between the 5th and the end of each month and added once a year, so depositing by 5 April earns interest on the full amount for the year.
The account matures after 15 full financial years from the end of the year you opened it, and can then be extended in blocks of 5 years, with or without fresh deposits. Partial withdrawals are allowed from the 7th financial year and loans from the 3rd to the 6th.
PPF is fully tax-free on maturity and the interest is tax-free. Deposits count for the ₹1.5 lakh deduction (80C) under the old tax regime. ₹1.5 lakh a year for 15 years at 7.1% grows to about ₹40.68 lakh.
Questions
What is the current PPF interest rate?
7.1% a year for October–December 2026 (Ministry of Finance notification of 30 September 2026). It is reviewed every quarter.
What is the PPF maturity on ₹1.5 lakh a year?
About ₹40.68 lakh after 15 years at 7.1%, of which ₹22.5 lakh is your deposit and about ₹18.18 lakh is interest.
Can I deposit more than ₹1.5 lakh in PPF?
No. The limit is ₹1.5 lakh per financial year across your own account and accounts in a minor's name.
When should I deposit to get the most interest?
Before the 5th of the month, and ideally by 5 April for the whole year.
Does the calculator assume a fixed rate?
Yes. The real rate may change every quarter, so treat the result as an estimate.