PPF compounds yearly at the government's quarterly-set rate — 7.1% now — on deposits of up to ₹1.5 lakh a year, tax-free under 80C and on maturity. The 15-year account can be extended in blocks of five years, with or without further deposits.
Deposit a year
₹
₹1,50,000 (₹1.50 L)Interest rate
%
7.1% for Oct–Dec 2026; reset quarterlyYears
yrs
15, or 20/25/30… with extensionsWhen in the year you deposit
RESULTS
Maturity value₹40.68 Lafter 15 years, tax-free
Deposited₹22.50 L
Interest earned₹18.18 L1.81× the deposits
Tax saved on deposits (30% slab)₹7.02 Lunder 80C, old regime
Depositing before the 5th of April earns a full year's interest on the deposit; a March deposit earns one month. Partial withdrawals are allowed from the 7th year, loans from the 3rd.
Deposits and interest, year by year
Deposited
Interest
Year by year
How the balance grows with each year's deposit and compounding interest| Year | Deposited so far | Interest this year | Balance |
|---|---|---|---|
| Year 1 | ₹1,50,000 | +₹10,650 | ₹1,60,650 |
| Year 2 | ₹3,00,000 | +₹22,056 | ₹3,32,706 |
| Year 3 | ₹4,50,000 | +₹34,272 | ₹5,16,978 |
| Year 4 | ₹6,00,000 | +₹47,355 | ₹7,14,334 |
| Year 5 | ₹7,50,000 | +₹61,368 | ₹9,25,701 |
| Year 6 | ₹9,00,000 | +₹76,375 | ₹11,52,076 |
| Year 7 | ₹10,50,000 | +₹92,447 | ₹13,94,524 |
| Year 8 | ₹12,00,000 | +₹1,09,661 | ₹16,54,185 |
| Year 9 | ₹13,50,000 | +₹1,28,097 | ₹19,32,282 |
| Year 10 | ₹15,00,000 | +₹1,47,842 | ₹22,30,124 |
| Year 11 | ₹16,50,000 | +₹1,68,989 | ₹25,49,113 |
| Year 12 | ₹18,00,000 | +₹1,91,637 | ₹28,90,750 |
| Year 13 | ₹19,50,000 | +₹2,15,893 | ₹32,56,643 |
| Year 14 | ₹21,00,000 | +₹2,41,872 | ₹36,48,515 |
| Year 15 | ₹22,50,000 | +₹2,69,695 | ₹40,68,209 |
Assumptions & formula
Interest for the year = rate × (opening balance + deposits that earn for the months they were in), credited on 31 March · a deposit on or before the 5th counts for that month- The rate stays at today's for the whole term — it has moved between 7.1% and 8.7% over the last decade.
- Deposits within the ₹500 – ₹1.5 lakh yearly limits.
Calculators are for information and planning. Outputs depend on the inputs and assumptions you enter and are not a recommendation to buy, sell or hold any security or product. Streetgains Technologies Private Limited is a SEBI Registered Research Analyst (INH000017082); it is not a loan provider, tax adviser or mutual fund distributor.