PPF calculator
7.1% a year · Backed by the Government of India · Tax-free
Maturity amount after 15 yearsAfter tax, in today's money
₹40,68,209
Tax-free: you keep all of it.₹40,68,209 after tax is worth this much at today's prices, if prices rise 5.54% a year.- You put in
- ₹22.50 L
- Interest earned
- ₹18.18 L
- Tax
- ₹0
7.10% a yearafter tax
Balance at the end of each yearBalance each year, in today's moneyYour moneyEarned
See year by year
| Year | Put in | Balance | Tax so far |
|---|---|---|---|
| 1 | ₹1,50,000 | ₹1,60,650 | ₹0 |
| 2 | ₹3,00,000 | ₹3,32,706 | ₹0 |
| 3 | ₹4,50,000 | ₹5,16,978 | ₹0 |
| 4 | ₹6,00,000 | ₹7,14,334 | ₹0 |
| 5 | ₹7,50,000 | ₹9,25,701 | ₹0 |
| 6 | ₹9,00,000 | ₹11,52,076 | ₹0 |
| 7 | ₹10,50,000 | ₹13,94,524 | ₹0 |
| 8 | ₹12,00,000 | ₹16,54,185 | ₹0 |
| 9 | ₹13,50,000 | ₹19,32,282 | ₹0 |
| 10 | ₹15,00,000 | ₹22,30,124 | ₹0 |
| 11 | ₹16,50,000 | ₹25,49,113 | ₹0 |
| 12 | ₹18,00,000 | ₹28,90,750 | ₹0 |
| 13 | ₹19,50,000 | ₹32,56,643 | ₹0 |
| 14 | ₹21,00,000 | ₹36,48,515 | ₹0 |
| 15 | ₹22,50,000 | ₹40,68,209 | ₹0 |
How the PPF rate has changed
PPF pays 7.1% today, unchanged since April 2020. Since it began in 1968, it has ranged from 4.8% (1968–1970) to 12% (1986–2000).
- A new rate applies to your whole balance from the quarter it starts. The calculator assumes 7.1% for every year; the chart shows how much that has moved.
- Rates were higher in the 1980s and 1990s, when prices were also rising faster. What counts is how far the rate stays ahead of inflation (5.54% now).
See every rate change (27)
| Period | Rate a year |
|---|---|
| Apr 2020 – now | 7.1% |
| Jul 2019 – Mar 2020 | 7.9% |
| Oct 2018 – Jun 2019 | 8% |
| Jan 2018 – Sep 2018 | 7.6% |
| Jul 2017 – Dec 2017 | 7.8% |
| Apr 2017 – Jun 2017 | 7.9% |
| Oct 2016 – Mar 2017 | 8% |
| Apr 2016 – Sep 2016 | 8.1% |
| Apr 2013 – Mar 2016 | 8.7% |
| Apr 2012 – Mar 2013 | 8.8% |
| Dec 2011 – Mar 2012 | 8.6% |
| Mar 2003 – Nov 2011 | 8% |
| Mar 2002 – Feb 2003 | 9% |
| Mar 2001 – Feb 2002 | 9.5% |
| Jan 2000 – Feb 2001 | 11% |
| Apr 1986 – Jan 2000 | 12% |
| Apr 1985 – Mar 1986 | 10% |
| Apr 1984 – Mar 1985 | 9.5% |
| Apr 1983 – Mar 1984 | 9% |
| Apr 1981 – Mar 1983 | 8.5% |
| Apr 1980 – Mar 1981 | 8% |
| Apr 1977 – Mar 1980 | 7.5% |
| Aug 1974 – Mar 1977 | 7% |
| Apr 1974 – Jul 1974 | 5.8% |
| Apr 1973 – Mar 1974 | 5.3% |
| Apr 1970 – Mar 1973 | 5% |
| 1968 – Mar 1970 | 4.8% |
Source: National Savings Institute, Ministry of Finance, rates since launch; Oct–Dec 2026 from the Ministry's latest notice.
Good to know
- PPF pays interest each month on the lowest balance between the 5th and the month end, and adds it to your account every 31 March.
- The rate is reviewed every 3 months. This result assumes today's 7.1% for all 15 years.
- Under the old regime, deposits up to ₹1.5 lakh a year can be deducted from your taxable income. That saving isn't included in the return above.
- After 15 years you can keep the account going in blocks of 5 years.