PPF calculator
Public Provident Fund maturity at the current rate.
Your inputs
₹500 to ₹1.5 lakh a year.
Account term
Advanced settings
When you deposit
Current rate: 7.1%.
Results
Generated on 11 Oct 2026
Your inputs
| Yearly deposit | ₹1,50,000 |
|---|---|
| Account term | 15 |
| When you deposit | Once, by 5 April |
| Interest rate (per year) | 7.1% |
Maturity value
₹40,68,209
- Amount invested
- ₹22,50,000
- Interest earned
- ₹18,18,209
- Interest rate (per year)
- 7.10%
- Amount invested₹22,50,000(55%)
- Interest earned₹18,18,209(45%)
See how a different amount, return or period changes the result, side by side.
Year-by-year breakdown
| 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 |
Assumptions and method
Formula
- Monthly interest = lowest balance (5th to month end) × rate / 12
- Interest credited (compounded) on 31 March
Modelling notes
- Interest is calculated monthly on the lowest balance between the 5th and the end of the month and credited on 31 March.
- Deposits made by the 5th of a month earn interest for that month.
Not included
- Future rate revisions: the current rate is assumed for the whole term.
- Income tax on interest, where applicable.
Rates for Q3 FY2026-27 (1 Oct 2026 to 31 Dec 2026). Government revises small-savings rates every quarter.
This is an illustration at the rate you entered. Actual amounts depend on your bank's or lender's terms and future rate revisions.
Mutual fund investments are subject to market risks, read all scheme related documents carefully.
How it works
The Public Provident Fund (PPF) is a 15-year government savings scheme with tax-free interest. You can deposit ₹500 to ₹1.5 lakh a year, and extend the account in 5-year blocks.
Interest is calculated each month on the lowest balance between the 5th and the end of the month and credited on 31 March. Depositing by 5 April earns interest for the whole year.
Frequently asked questions
Is the PPF rate fixed for 15 years?
No. The government sets the rate every quarter, and it applies to the whole balance. We project at the current rate.
Why deposit by 5 April?
A deposit made by the 5th counts in that month’s lowest balance, so a deposit by 5 April earns interest for all 12 months of the year.