PPF Calculator

Public Provident Fund maturity for 15 years and extensions at the current notified rate, with yearly balances.

Legal ceiling ₹1.5L per financial year — the input caps there
Notified quarterly — current 7.1% (Q2 (Jul–Sep 2026))
Minimum 15 years, extendable in 5-year blocks
Maturity value (tax-free)
—
Total deposited—
Interest earned (tax-free)—
Interest as % of deposits—
Effective annual yield—
Equivalent taxable FD*—
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Why the equivalent-FD row matters: PPF is EEE — deposit, interest and maturity are all tax-free. A taxable FD must pay your slab rate on its interest just to match. At a 30% slab, a 7.1% PPF needs roughly a 10% FD before you break even. *Rough equivalence for a 30% slab; actual break-even depends on your slab and TDS timing.

Methodology & assumptions

how this number is produced

Maturity = D × [((1+r)^n − 1) ÷ r] × (1+r) · annual deposit at year start, compounding yearly

Assumptions

  • One deposit at the start of each year at the notified rate (7.1% for 2026-27, Q2 (Jul–Sep 2026))
  • Rate held constant for the full tenure — the government revises it quarterly, so real returns will drift
  • Extension in 5-year blocks assumed for tenures above 15 years
  • PPF_MAX_ANNUAL = ₹1,50,000 enforced by the input

Limitations

  • Actual PPF interest depends on the lowest balance between the 5th and last of each month — instalment timing can shift results slightly
  • Rate revisions are outside anyone's control; treat 7.1% as today's notified rate, not a guarantee
  • Withdrawal/loan-against-PPF rules are not modelled

Results are informational estimates produced by MyCapitalverse's own models. They are not financial advice and may differ from how a lender, insurer or authority computes the same figure.

Verified 2026-09 · review overdueNext review: 2026-09-22Small-savings rate notification →Verify current terms before applyingReport outdated info

How to use the PPF calculator

  1. Enter your yearly deposit (₹500 to ₹1.5 lakh).
  2. Keep the notified rate or change it.
  3. Read maturity value and interest earned.

About this tool

PPF is a 15-year government scheme with tax-free interest and EEE status. The rate is reset each quarter by the Ministry of Finance.

Built and reviewed by Savitar Finance (savitarfinance@gmail.com). Rules and rates last checked October 2026. How we calculate · Report a problem

Questions people ask

What is the PPF interest rate now?

7.1% a year, compounded annually, as per the latest quarterly notification. It is reviewed every quarter.

How much can I put in PPF?

Minimum ₹500 and maximum ₹1.5 lakh per financial year, in up to 12 instalments.