What is the current PPF interest rate in 2026?

The current PPF interest rate is 7.1% per annum (as of Q1 2026), compounded annually. The rate is revised quarterly by the government.

What is the maximum amount I can invest in PPF?

The minimum annual deposit is ₹500 and maximum is ₹1,50,000 per financial year. Deposits can be made in a maximum of 12 installments.

Can I withdraw money from PPF before 15 years?

Partial withdrawals are allowed from the 7th year onwards, up to 50% of the balance at the end of the 4th preceding year. Loans can be taken from the 3rd to 6th year.

Is PPF interest taxable?

No, PPF enjoys EEE (Exempt-Exempt-Exempt) tax status. The investment qualifies for 80C deduction, interest earned is tax-free, and maturity amount is completely tax-free.

PPF Calculator

⚠️ Important Legal Notice

Interest Rate: The PPF interest rate (currently 7.1%) is set by the Government of India and revised quarterly. Actual rates may differ from those shown.
Not Financial Advice: This calculator provides estimates for educational purposes only and does not constitute investment advice.
Verify Independently: Please verify current rates from official sources like National Savings Institute before making decisions.

Public Provident Fund (PPF) is a government-backed savings scheme with guaranteed returns and tax benefits under EEE (Exempt-Exempt-Exempt). It has a 15-year lock-in and is ideal for long-term wealth building. Maximum investment: ₹1.5 lakh/year.

Yearly Investment (₹)

Time Period (Years)

Interest

7.1% (Fixed)

Maturity Amount

₹27L

Total Invested ₹15L

Interest Earned ₹12L

✨ PPF Power

Triple Benefit: Tax-free returns + Section 80C deduction + No TDS. Maximum yearly deposit: ₹1,50,000.

Strategic Next Steps

Secure Your Child's Future

Explore the Sukanya Samriddhi Yojana for tax-free growth.

Go to SSY Calculator →

The Ultimate Guide

Return to the hub to see where PPF fits in your portfolio.

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📋 Assumptions Used v1.0

View full assumptions changelog →

Interest Rate (7.1%): Current govt-declared rate (Q4 FY25). Revised quarterly. [DEA]
Lock-in Period: 15 years mandatory. Extensions in 5-year blocks.
Compounding: Annual compounding (interest calculated on March 31).
Tax Status: EEE (Exempt-Exempt-Exempt) — fully tax-free.
Investment Limit: ₹500 to ₹1,50,000 per financial year.

Data verified: January 2026

🧮 How This Calculator Works

Inputs:

Yearly Investment (P): Amount deposited each year
Time Period (n): Number of years (minimum 15)
Interest Rate (r): Currently 7.1% p.a.

Formula:

A = P × [(1 + r)ⁿ - 1] / r × (1 + r)

Interpretation:

Maturity Amount: Total value at the end of the term.
Total Invested: Sum of all yearly deposits (P × n).
Interest Earned: Maturity minus Invested = compound growth.

PPF uses annual compounding with interest credited on March 31 each year.

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