# PPF Calculator 2026: Maturity at 7.1% With Yearly Table > PPF calculator with the current 7.1% rate. See your Public Provident Fund maturity value, interest earned and a year-by-year table for 15 years or more. Source: https://trykosh.com/tools/ppf-calculator Free tool - Government schemes # PPF calculator: Public Provident Fund maturity value See what your Public Provident Fund grows to at the current 7.1% rate, year by year, including how much the timing of your deposit matters. Rules checked 25 October 2026Free - no sign-upRuns in your browser PPF maturity value INR 40,68,209 After 15 years at 7.1% - INR 40.68 lakh You deposit**INR 22,50,000** Interest earned**INR 18,18,209** Tax on maturity**INR 0** Deposits **INR 22,50,000**Interest **INR 18,18,209** Year by year Year Deposit Interest Balance 1 INR 1,50,000 INR 10,650 INR 1,60,650 2 INR 1,50,000 INR 22,056 INR 3,32,706 3 INR 1,50,000 INR 34,272 INR 5,16,978 4 INR 1,50,000 INR 47,355 INR 7,14,334 5 INR 1,50,000 INR 61,368 INR 9,25,701 6 INR 1,50,000 INR 76,375 INR 11,52,076 7 INR 1,50,000 INR 92,447 INR 13,94,524 8 INR 1,50,000 INR 1,09,661 INR 16,54,185 9 INR 1,50,000 INR 1,28,097 INR 19,32,282 10 INR 1,50,000 INR 1,47,842 INR 22,30,124 11 INR 1,50,000 INR 1,68,989 INR 25,49,113 12 INR 1,50,000 INR 1,91,637 INR 28,90,750 13 INR 1,50,000 INR 2,15,893 INR 32,56,643 14 INR 1,50,000 INR 2,41,872 INR 36,48,515 15 INR 1,50,000 INR 2,69,695 INR 40,68,209 Interest is worked out monthly on the lowest balance between the 5th and month-end, and credited each 31 March. ## Upload your statement and Kosh does this for you. Upload your statements and Kosh keeps your PPF, EPF, NPS and deposits in one view, with reminders before every deposit and maturity date. [Start free](/signup?via=tool-ppf-calculator) ## How the PPF calculator works PPF interest is set by the government every quarter; it is 7.1% for October to December 2026. Interest is calculated each month on the lowest balance between the 5th and the last day of the month, and credited once a year on 31 March. In effect it compounds yearly. Timing matters. Money deposited by 5 April earns interest for all 12 months of that year. Money deposited in March earns nothing that year. The calculator lets you compare both: on INR 1.5 lakh a year, depositing late costs more than INR 1.5 lakh in lost interest over 15 years. You can deposit between INR 500 and INR 1.5 lakh a year, in up to 12 instalments. The account matures after 15 full financial years from the end of the year you opened it. You can then extend it in blocks of 5 years, with or without fresh deposits; the calculator assumes you keep depositing. PPF is exempt at all three stages: deposits qualify for 80C in the old regime, interest is tax-free, and the maturity amount is tax-free. In the new regime the 80C benefit is gone, but tax-free interest and maturity still apply. Balance(year n) = (Balance(n−1) + deposit) x (1 + 7.1%) Deposit made by 5 April each year Rate 7.1%, reset quarterly ## Worked example: Anil puts INR 1 lakh a year in PPF for 20 years Anil, 32, a government school teacher in Nagpur, deposits INR 1 lakh every April and plans to extend his PPF once by 5 years. Over 20 years he puts in INR 20 lakh. At 7.1%, his account grows to about INR 44.39 lakh, of which INR 24.39 lakh is tax-free interest. If the rate changes in later quarters, so will this figure. PPF maturity value INR 44,38,859 After 20 years at 7.1% - INR 44.39 lakh You deposit**INR 20,00,000** Interest earned**INR 24,38,859** Tax on maturity**INR 0** Deposits **INR 20,00,000**Interest **INR 24,38,859** Interest is worked out monthly on the lowest balance between the 5th and month-end, and credited each 31 March. [Load this example into the calculator ->](?yearly=100000&years=20#calculator) ## Good to know - Partial withdrawals are allowed from the 7th financial year, up to 50% of an earlier balance. Loans against PPF are available from year 3 to year 6. - The INR 1.5 lakh limit covers your own account plus any account you hold for a minor child. Deposits above it earn no interest. - Deposit at least INR 500 every year, or the account becomes inactive and needs a INR 50-a-year penalty to revive. - One person can have only one PPF account. NRIs can't open a new one, but an existing account can run to maturity. ## Frequently asked questions What is the PPF interest rate for October to December 2026? 7.1% a year, compounded annually. The government reviews small-savings rates every quarter; the PPF rate has stayed at 7.1% for several quarters. How much will I get if I invest INR 1.5 lakh a year in PPF for 15 years? About INR 40.68 lakh at 7.1%, if you deposit by 5 April each year. You'd have put in INR 22.5 lakh, so about INR 18.18 lakh is tax-free interest. Depositing late in the year lowers this. Is PPF interest taxable? No. PPF interest and the maturity amount are fully tax-free under both regimes. Deposits get the 80C deduction only in the old regime. Can I extend my PPF account after 15 years? Yes, in blocks of 5 years, as many times as you like. To keep depositing, submit the extension form within one year of maturity. Without it, the account still earns interest but takes no fresh deposits. Can I close my PPF account early? Only after 5 complete years, and only for specific reasons such as serious illness, higher education or a change in residency status. Premature closure reduces the interest by 1% for the whole period. ## Sources and assumptions - [Department of Economic Affairs: small savings rates](https://dea.gov.in/) - [India Post savings schemes](https://www.indiapost.gov.in/) Rules and rates last checked on 25 October 2026. Results are estimates for planning and education, not tax, legal or investment advice. Kosh is an educational financial planning tool by Primedepth Labs. It is not a SEBI-registered investment adviser and does not offer personalised investment advice, hold your money or execute trades. Markets carry risk; read scheme documents carefully and consult a registered adviser before acting.