PPF Calculator India 2026: 15-Year Maturity & Interest
Calculate PPF maturity amount, yearly deposit impact, interest earned, 15-year lock-in growth, extension scenarios, and tax-free Section 80C returns.
PPF Investment Details
Minimum ₹500, Maximum ₹1,50,000 per year
Minimum 15 years, extendable in 5-year blocks
Current rate: 7.1% (Q3 FY2024)
Maturity Summary
Tax-Free Returns
Tax Savings Summary
Year-by-Year Growth
| Year | Contribution (₹) | Interest (₹) | Balance (₹) |
|---|---|---|---|
| 1 | ₹150,000.00 | ₹10,650.00 | ₹160,650.00 |
| 2 | ₹150,000.00 | ₹22,056.15 | ₹332,706.15 |
| 3 | ₹150,000.00 | ₹34,272.14 | ₹516,978.29 |
| 4 | ₹150,000.00 | ₹47,355.46 | ₹714,333.75 |
| 5 | ₹150,000.00 | ₹61,367.70 | ₹925,701.44 |
| 6 | ₹150,000.00 | ₹76,374.80 | ₹1,152,076.24 |
| 7 | ₹150,000.00 | ₹92,447.41 | ₹1,394,523.66 |
| 8 | ₹150,000.00 | ₹109,661.18 | ₹1,654,184.84 |
| 9 | ₹150,000.00 | ₹128,097.12 | ₹1,932,281.96 |
| 10 | ₹150,000.00 | ₹147,842.02 | ₹2,230,123.98 |
| 11 | ₹150,000.00 | ₹168,988.80 | ₹2,549,112.78 |
| 12 | ₹150,000.00 | ₹191,637.01 | ₹2,890,749.79 |
| 13 | ₹150,000.00 | ₹215,893.23 | ₹3,256,643.02 |
| 14 | ₹150,000.00 | ₹241,871.65 | ₹3,648,514.68 |
| 15 | ₹150,000.00 | ₹269,694.54 | ₹4,068,209.22 |
How to Use the PPF Calculator
Enter your planned annual PPF contribution (₹500 to ₹1,50,000), investment time period (minimum 15 years), and current interest rate (7.1% as of Q3 FY2024). The calculator shows your tax-free maturity amount.
PPF Key Features
- Contribution: ₹500 (min) to ₹1,50,000 (max) per year
- Tenure: 15 years (extendable in 5-year blocks)
- Interest: 7.1% p.a. compounded annually (Q3 FY2024)
- Taxation: EEE status - completely tax-free
- Safety: 100% government guaranteed
- Withdrawal: Partial from year 7, full at maturity
PPF Interest Rate History
| Period | Interest Rate |
|---|---|
| Q3 FY2024 (Oct-Dec 2023) | 7.1% |
| FY2023 | 7.1% |
| FY2020-2022 | 7.1% |
| FY2016-2019 | 7.6-8.0% |
PPF vs Other Tax-Saving Options
| Feature | PPF | ELSS | Tax-Saver FD |
|---|---|---|---|
| Lock-in | 15 years | 3 years | 5 years |
| Returns | 7.1% | 12-15%* | 6.5-7% |
| Tax on Returns | Nil | 10% above ₹1L | As per slab |
| Risk | Zero | Market risk | Zero |
*ELSS returns vary with market performance
Smart PPF Investment Tips
- Invest early in financial year: Deposits made before 5th of month earn interest for that month
- Max out ₹1.5L limit: Ensures maximum tax benefit and compound growth
- Open for minor: Parents can open PPF for children for long-term wealth creation
- Plan extension: After 15 years, extend with contributions for maximum growth
- Use for retirement: 30-year PPF can build substantial retirement corpus
Frequently Asked Questions
⚠️ Important Disclaimer
This PPF calculator is for estimation purposes only. PPF interest rates are set by the Government of India and reviewed quarterly. Actual rates may vary from the rate entered. PPF contributions are subject to Section 80C limits (₹1.5L shared with other investments). Tax benefits depend on your tax bracket and other 80C investments. Always consult with a qualified financial advisor or tax professional before making investment decisions. This calculator does not constitute financial advice.
Use this PPF calculator for India to estimate Public Provident Fund maturity amount, yearly contribution, interest earned, 15-year lock-in growth, extension scenarios, and Section 80C tax-saving context. It helps compare how steady annual deposits compound over a long, government-backed savings timeline.
Affiliates: Contextual offers only; no pop-ups. Disclosures apply where shown.
About PPF Calculator India 2026: 15-Year Maturity & Interest
Use this PPF calculator for India to estimate Public Provident Fund maturity amount, yearly contribution, interest earned, 15-year lock-in growth, extension scenarios, and Section 80C tax-saving context.
It helps compare how steady annual deposits compound over a long, government-backed savings timeline.
✅ Common Use Cases
- Plan yearly PPF deposits up to the Section 80C limit
- Estimate 15-year PPF maturity and interest earned
- Compare regular deposits vs missed or lower contribution years
- Understand extension planning after the initial lock-in
💡 Key Benefits
- Year-by-year PPF balance and interest context
- 15-year lock-in and extension planning language
- Section 80C and EEE tax-benefit context
- Educational estimate; verify current rate and rules before investing
🔬 How PPF Calculator India 2026: 15-Year Maturity & Interest Works
📐 Formula
PPF Maturity (Annual Compounding): Rate: 7.1% p.a. (reviewed quarterly by Govt). Min ₹500/year, max ₹1,50,000/year. 15-year lock-in, extendable in 5-year blocks. EEE (exempt-exempt-exempt) under 80C. Partial withdrawal from Year 7.
Variables:
- r: 7.1% p.a. (reviewed quarterly)
- Deposit: Annual contribution (₹500-₹1.5L)
📋 Step-by-Step Calculation Process
Worked Example (₹1.5L/year for 15 years)
Year 1: ₹1,50,000 × 1.071 = ₹1,60,650
Year 2
(₹1,60,650 + ₹1,50,000) × 1.071 = ₹3,33,056
Year 15 Maturity
≈ ₹40,68,209. Total Invested: ₹22,50,000. Interest Earned: ₹18,18,209 (tax-free)
⌨️ Understanding Input Fields
Yearly contribution (₹500-₹1.5L)
Investment period
📊 Understanding Your Results
Key Rules: Rate: 7.1% p.a. (reviewed quarterly by Govt). Min deposit: ₹500/year, Max: ₹1,50,000/year. Lock-in: 15 years (extendable 5yr blocks). Tax: EEE (exempt-exempt-exempt) under 80C. Partial withdrawal allowed from Year 7.
Key Metrics Explained:
- Maturity: Total corpus at end.
- Interest: Tax-free returns.
What to Do Next:
- Maximize ₹1.5L for 80C
- Compare with EPF/ELSS
- Plan for 15-year commitment
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