PPF Calculator

7.1% a year for July–September 2026 (Q2 FY 2026-27), compounded annually. The Ministry of Finance sets small-savings rates every quarter; PPF has stayed at 7.1% since April 2020. The calculator uses that rate for the whole term, which is an assumption — enter a different rate to see the sensitivity.

Because PPF interest for a month is computed on the lowest balance between the 5th and the last day. Money deposited on the 6th is not in that lowest balance, so it earns nothing until the next month. Twelve deposits of ₹12,500 paid by the 5th earn ₹5,769 in year one; the same deposits paid on the 6th earn ₹4,881. Over 15 years the gap compounds to about ₹22,500 on a full ₹1.5 lakh a year.

About ₹40.68 lakh at 7.1%, if each year’s deposit is made in early April: ₹22.5 lakh deposited and ₹18.18 lakh of interest, all tax-free. The same total spread over twelve monthly deposits reaches about ₹39.4 lakh, because the later months’ money earns less of each year.

Yes, in blocks of five years, with or without further deposits, by applying within a year of maturity. An extended account keeps earning the notified rate. Without the application it continues to earn interest but accepts no new deposits. The calculator models 15, 20, 25 … up to 50 years.

A loan of up to 25% of the balance at the end of the second preceding year is available from the third to the sixth financial year, at 1% above the PPF rate. From the seventh year one partial withdrawal a year is allowed, up to 50% of the balance at the end of the fourth preceding year or the previous year, whichever is lower. Premature closure is permitted after five years for specified reasons with a 1% rate penalty.

No. The Public Provident Fund is one scheme with one notified rate, whether the account sits at a post office branch or a bank, so a public provident fund calculator gives the same maturity value for the same deposits either way. What does change the answer is timing: the scheme pays interest on the lowest balance between the 5th and the end of the month, so a deposit on the 6th earns nothing for that month. Deposit on or before the 5th and the year-end figure is higher, and this page shows by how much.

Both, because for PPF they are the same calculation seen from two ends. A PPF maturity calculator projects the balance at the end of the 15-year term, or after a 5-year extension, from the deposits you plan to make. A PPF return calculator reports what those deposits earned in total, the maturity value minus the money you put in. This page shows the deposits, the interest and the maturity value separately, year by year, at the notified 7.1%.