Investments
FY 2025-26Current rate: 7.1%PPF Calculator
Calculate your Public Provident Fund maturity at the current 7.1% rate. Tax-free, government-backed, 15-year lock-in.
PPF Key Facts
Maturity Amount
₹40,68,209
Total Invested
₹22.50 L
Interest Earned
₹18.18 L
Wealth Gained
81%
Period
15 years
Balance growth over 15 years
Frequently asked questions
What is the current PPF interest rate?
The PPF interest rate for Q1 FY 2025-26 (April–June 2025) is 7.1% per annum, compounded annually. The government reviews this rate every quarter. This calculator reflects the latest declared rate.
Is PPF interest taxable?
No. PPF falls under the EEE (Exempt-Exempt-Exempt) category — the contribution is deductible under 80C, the interest earned is tax-free, and the maturity amount is also tax-free. It is one of the most tax-efficient instruments available.
Can I withdraw from PPF before 15 years?
Partial withdrawals are allowed from Year 7 onwards — up to 50% of the balance at the end of Year 4 or the previous year, whichever is lower. Full premature closure is only allowed in specific circumstances (serious illness, higher education) after 5 years.
Can I extend PPF after 15 years?
Yes. After the 15-year lock-in, you can extend in 5-year blocks — either with or without fresh contributions. With contributions, you continue to earn interest and get 80C benefits.
What is PPF and why is it one of India's best investments?
The Public Provident Fund (PPF) is a government-backed savings scheme that offers guaranteed, tax-free returns. It follows the EEE (Exempt-Exempt-Exempt) tax structure: your investment qualifies for Section 80C deduction, the interest earned is completely tax-free, and the maturity amount is also tax-free. No other fixed-income instrument in India offers this triple tax benefit.
The current PPF interest rate is 7.1% per annum (Q1 FY 2025-26), compounded annually. The government reviews this rate quarterly. You can invest a minimum of ₹500 and a maximum of ₹1,50,000 per financial year.
PPF has a 15-year lock-in period, after which you can extend it in 5-year blocks indefinitely. Partial withdrawals are allowed from the 7th year. You can also take a loan against your PPF balance from the 3rd to 6th year.
PPF interest calculation: how it works
PPF interest is calculated on the minimum balance between the 5th and last day of each month. This means deposits made before the 5th of a month earn interest for that month. Deposits made after the 5th miss out on that month's interest. Always deposit before the 5th to maximise your returns.
Comparing PPF with Fixed Deposits? Read our guide on PPF vs FD: Which is Better?