Plan your Public Provident Fund: see how yearly deposits grow over 15 years and beyond.
₹
₹500 to ₹1,50,000 a year
%
Set by the government every quarter
15, or extend in 5-year blocks
Maturity value
₹40,68,209
Total invested
₹22,50,000
Interest earned (tax-free)
₹18,18,209
Year-by-year balance
Year
Invested
Interest that year
Balance
1
₹1,50,000
₹10,650
₹1,60,650
2
₹3,00,000
₹22,056
₹3,32,706
3
₹4,50,000
₹34,272
₹5,16,978
4
₹6,00,000
₹47,355
₹7,14,334
5
₹7,50,000
₹61,368
₹9,25,701
6
₹9,00,000
₹76,375
₹11,52,076
7
₹10,50,000
₹92,447
₹13,94,524
8
₹12,00,000
₹1,09,661
₹16,54,185
9
₹13,50,000
₹1,28,097
₹19,32,282
10
₹15,00,000
₹1,47,842
₹22,30,124
11
₹16,50,000
₹1,68,989
₹25,49,113
12
₹18,00,000
₹1,91,637
₹28,90,750
13
₹19,50,000
₹2,15,893
₹32,56,643
14
₹21,00,000
₹2,41,872
₹36,48,515
15
₹22,50,000
₹2,69,695
₹40,68,209
PPF basics (2026)
Interest rate: 7.1% a year for October–December 2026, unchanged from the previous quarter. The government reviews it every quarter.
Deposit ₹500 to ₹1,50,000 per financial year. The account matures after 15 years and can be extended in 5-year blocks.
Interest is compounded yearly and is tax-free. Deposits qualify for deduction under the old tax regime.
Example
Depositing the maximum ₹1,50,000 at the start of every year for 15 years at 7.1% gives about ₹40.68 lakh, of which ₹22.5 lakh is your money and about ₹18.18 lakh is tax-free interest.
Tip: PPF interest is calculated on the lowest balance between the 5th and the end of each month. Deposit before the 5th, or before 5 April for the yearly deposit, to earn the full interest this calculator assumes.
Frequently asked questions
What is the current PPF interest rate?
7.1% a year for October–December 2026. It has not changed since April 2020. The government announces rates every quarter, so enter the latest rate if it changes.
Can I withdraw from PPF early?
Partial withdrawals are allowed from the 7th financial year, and loans against the balance from the 3rd to 6th year, within limits. Premature closure is allowed only in specific cases.
What happens after 15 years?
You can withdraw everything, or extend the account in blocks of 5 years with or without new deposits. Set 'Years' to 20, 25 and so on to see the effect.