Money calculator

PPF calculator

The Public Provident Fund is a government savings scheme with tax-free interest. See what yearly deposits grow to.

Deposit every year (₹)Between ₹500 and ₹1,50,000 a year.

Interest rate (% per year)7.1% for October–December 2026. The government reviews it every quarter.

Keep the account for

Maturity value

–

–total deposited

–interest earned (tax-free)

Year by year

How PPF interest works

Interest is worked out every month on the lowest balance between the 5th and the end of that month, and added to your account once a year on 31 March. This calculator assumes you deposit the full yearly amount by 5 April, which earns interest for the whole year.

Balance each year = (last year's balance + deposit) × (1 + rate)

Is PPF interest taxed?

No. Interest and the maturity amount are tax-free. Whether your deposits also reduce your taxable income depends on the tax regime you choose.

Can I take money out before 15 years?

Partial withdrawals are allowed from the 7th financial year, and loans against the balance from the 3rd to the 6th year, within set limits.

What happens after 15 years?

You can close the account, or extend it in blocks of 5 years with or without new deposits. The balance keeps earning interest.