PPF Calculator
Public Provident Fund (PPF) is a government savings scheme with a 15-year lock-in and tax-free interest. This calculator shows your balance year by year at the current rate, including extensions after maturity.
How to use it
- Enter how much you deposit each year (Rs 500 to Rs 1.5 lakh).
- Keep the current rate or try another one.
- Extend beyond 15 years in blocks of 5 years to see the effect of compounding.
How it is calculated
Each year: closing balance = (opening balance + deposit) x (1 + rate). Interest is credited once a year on 31 March. Depositing before 5 April earns interest for the whole year.
Frequently asked questions
How much will Rs 1.5 lakh a year in PPF become after 15 years?
At 7.1%, about Rs 40.68 lakh, of which Rs 22.5 lakh is your deposits and about Rs 18.18 lakh is tax-free interest.
What is the current PPF interest rate?
7.1% a year for October to December 2026. The government reviews it every quarter.
Can I extend PPF after 15 years?
Yes, in blocks of 5 years, with or without new deposits.
Is PPF interest taxable?
No. Deposits, interest and the maturity amount are all tax-free. The deposit deduction is available only in the old regime.