PPF Calculator
Public Provident Fund · Current Rate 7.1% · FY 2026-27 · EEE Tax-Free
| Component | Amount |
|---|---|
| Total Amount Invested | |
| Total Interest Earned | |
| Investment Period | |
| Effective Annual Return | |
| Maturity Value |
| Year | Opening Balance | Deposit | Interest Earned | Closing Balance |
|---|
📊 PPF Calculator India 2026 — Public Provident Fund
Use this free PPF Calculator to estimate your Public Provident Fund maturity amount and total interest at the current rate of 7.1% per annum for FY 2026-27. PPF is one of India's most popular EEE (Exempt-Exempt-Exempt) tax-saving instruments.
📈 Current PPF Interest Rate FY 2026-27
The PPF interest rate is 7.1% per annum for Q1 FY 2026-27 (April–June 2026), as notified by the Ministry of Finance. The rate is reviewed every quarter but has been stable at 7.1% since April 2020. Interest is calculated on the minimum balance between the 5th and last day of each month and credited annually on March 31.
🧮 PPF Calculation Formula
F = P × [((1+i)^n − 1) / i]
- F = Maturity amount
- P = Annual deposit amount
- i = Annual interest rate / 100
- n = Number of years
🏆 PPF Key Features & Rules (2026)
- ✔ Tenure: 15 years (extendable by 5 years each time)
- ✔ Min deposit: ₹500/year | Max deposit: ₹1,50,000/year
- ✔ Tax benefit: EEE — investment, interest, and maturity all tax-free
- ✔ Section 80C: Deposit qualifies for ₹1.5L deduction under old regime
- ✔ Loan facility: From 3rd to 6th year at 1% above PPF rate
- ✔ Partial withdrawal: Allowed from 7th year onwards (50% of 4th-year balance)
- ✔ Premature closure: Allowed after 5 years in specific cases (illness, education)
- ✔ Account: Can be opened at Post Office or authorized banks (SBI, HDFC, ICICI etc.)
- ✔ NRI: NRIs cannot open new PPF accounts; existing ones can continue till maturity
💡 PPF Investment Tips to Maximise Returns
- ✔ Invest before 5th April every year — interest is calculated on balance between 5th and last of month
- ✔ Lump sum in April earns full year's interest vs monthly SIP into PPF
- ✔ Extend after 15 years — PPF with extension earns significantly more due to compounding
- ✔ Open account for minor children — combined family limit is ₹1.5L/year
⚖️ PPF vs Other Tax-Saving Options (FY 2026-27)
- PPF vs ELSS: PPF is risk-free with guaranteed 7.1%; ELSS can give 12–15% but with market risk. PPF suits conservative investors.
- PPF vs NPS: PPF is fully tax-free at maturity; NPS corpus is partially taxable (40% annuity). PPF wins on tax efficiency.
- PPF vs FD: PPF interest is fully tax-free; FD interest is taxable. PPF post-tax returns are much higher for those in the 30% bracket.
❓ Frequently Asked Questions — PPF Calculator India
1. What is the current PPF interest rate for FY 2026-27?
The current PPF interest rate is 7.1% per annum for FY 2026-27, unchanged since April 2020. The rate is reviewed quarterly by the Ministry of Finance.
2. Is PPF completely tax-free?
Yes. PPF enjoys EEE status — the deposit qualifies for Section 80C deduction, interest earned is tax-free, and the maturity amount is fully exempt from income tax.
3. Can I withdraw PPF before 15 years?
Partial withdrawal is allowed from the 7th year. Premature full closure is allowed after 5 years only for specific reasons (serious illness, higher education). A 1% interest penalty applies on premature closure.
4. What happens after 15 years — can I extend PPF?
Yes. After 15 years, you can extend PPF in blocks of 5 years with or without further deposits. Extending without deposit allows the balance to earn interest tax-free.
5. What is the maximum PPF investment per year?
₹1,50,000 per account per year. If you have a PPF account and also one for your minor child, the combined limit across both is ₹1,50,000.
6. Is PPF available under the New Tax Regime?
PPF investment is still eligible for interest tax-exemption under both regimes. However, the Section 80C deduction for PPF deposits is only available under the Old Tax Regime.
👉 PPF interest rate of 7.1% is current as of April 2026. Rates may change every quarter. Verify latest rate at indiapost.gov.in or your bank. Last updated: April 2026.