Estimate Public Provident Fund (PPF) growth using a 7.1% interest-rate assumption for the July–September 2026 quarter and an annual contribution made at the start of each financial year.
| Year | Opening Balance | Deposit | Interest Earned | Closing Balance |
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PPF is a long-term savings scheme backed by the Government of India. This calculator is an estimate: it assumes one annual contribution at the start of each financial year and a constant rate for the selected period. Actual PPF interest depends on the scheme rules and the timing of deposits; rates can change from time to time.
The minimum deposit required is ₹500 per financial year, and the maximum allowed deposit limit is ₹1,500,000 per year.
PPF interest is calculated under the PPF scheme rules using the lowest balance between the 5th and the end of each month and is credited annually. This calculator simplifies that timing by assuming the yearly contribution is made at the start of the financial year.
PPF has a mandatory lock-in period of 15 years. Post maturity, it can be extended in blocks of 5 years indefinitely.
PPF is generally treated as an EEE-style tax-advantaged product under the applicable tax rules. Tax treatment can change, so check the latest Income Tax and PPF rules before making a financial decision.
Yes, loans against PPF balance can be availed from the 3rd financial year up to the 6th financial year of opening the account.