PPF Calculator India 2026

Calculate Public Provident Fund maturity amount, interest earned, and tax savings under Section 80C. Current PPF interest rate: 7.1% p.a.

PPF Details

₹
₹500₹1,50,000 (max)
15 years (min)50 years

Current rate: 7.1% (set by GoI quarterly)

EEE Tax Status

PPF enjoys Exempt-Exempt-Exempt status — deposit (80C), interest, and maturity are all tax-free.

PPF for Freelancers

Freelancers can claim up to ₹1.5L under Section 80C in old regime. PPF is one of the safest ways to save tax.

Read Tax Saving Tips →
Total Deposited

₹22,50,000

Your contributions

Interest Earned

₹18,18,209

44.7% of maturity

Maturity Value

₹40,68,209

Tax-free amount

Tax Benefit (Section 80C — Old Regime)

Yearly Tax Saved

₹46,800

Assuming 31.2% tax bracket

Total Tax Saved (15 yrs)

₹7,02,000

Under old tax regime

Investment vs Returns

Deposited
Interest
₹22,50,000 deposited₹18,18,209 interest earned

Year-wise Breakdown

YearDepositInterestBalance
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

Compare with Other Investments

Check SIP, FD, and NPS returns side by side

SIP CalculatorFD CalculatorNPS Calculator

PPF (Public Provident Fund) — Complete Guide

What is PPF?

Public Provident Fund (PPF) is a long-term government-backed savings scheme in India with a current interest rate of 7.1% p.a. (FY 2025-26). It offers guaranteed returns with full tax exemption under the EEE (Exempt-Exempt-Exempt) category.

PPF Interest Rate History

PeriodInterest Rate
April 2025 – March 20267.1%
April 2024 – March 20257.1%
April 2023 – March 20247.1%
April 2020 – March 20237.1%
April 2019 – March 20207.9%
Oct 2018 – March 20198.0%

PPF Rules & Key Features

  • Minimum deposit: ₹500 per year
  • Maximum deposit: ₹1,50,000 per year
  • Lock-in period: 15 years (extendable in 5-year blocks)
  • Partial withdrawal: Allowed from 7th year onwards
  • Loan against PPF: Available from 3rd to 6th year
  • Tax benefit: Deduction under Section 80C (old regime)
  • Interest calculation: Monthly compounding, credited yearly
  • Who can open: Any Indian citizen (NRIs cannot open new accounts)

PPF Calculation Formula

Maturity Value = P × [((1 + r)^n - 1) / r]
Where P = Yearly deposit, r = Annual interest rate, n = Number of years

PPF vs Other Tax-Saving Instruments

FeaturePPFELSSNPSFD (Tax Saver)
Returns7.1% (fixed)12-15% (market)9-12% (market)6.5-7.5% (fixed)
Lock-in15 years3 yearsTill 605 years
RiskZeroHighModerateZero
Tax on ReturnsExempt10% LTCGPartial taxableFully taxable

Why Freelancers Should Consider PPF

Unlike salaried employees who get EPF, freelancers don't have an employer-backed retirement fund. PPF serves as a safe, tax-efficient retirement corpus builder with guaranteed returns and government backing.

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