PPF Calculator. Tax-free wealth.
Maximum ₹1,50,000/year PPF contribution at 7.1% over 15 years = approximately ₹40.7 lakh maturity (all tax-free). Total contributed: ₹22.5 lakh. Tax-free interest: ~₹18.2 lakh. PPF is EEE — deduction under 80C + tax-free interest + tax-free maturity.
PPF Calculator
PPF calculator FAQ.
What is the current PPF interest rate?▾
As of early 2026, the PPF interest rate is 7.1% per annum, compounded annually. The Government of India reviews and announces PPF rates every quarter through the Ministry of Finance. PPF rates have been in the 7.1-8.0% range historically, with recent quarters consistently at 7.1%. Rate changes apply to all PPF accounts including existing ones.
What is the PPF contribution limit?▾
The maximum annual PPF contribution is ₹1,50,000 (₹1.5 lakh) per individual per financial year. This cap applies cumulatively across all your PPF accounts (you can have only one PPF account in your name). Minimum contribution is ₹500/year. The ₹1.5 lakh PPF contribution also qualifies for Section 80C deduction — but the 80C cap of ₹1.5 lakh is the combined limit across PPF + ELSS + life insurance + tuition fees + home loan principal + etc.
PPF lock-in period and partial withdrawals?▾
PPF has a 15-year lock-in from the date of account opening. Partial withdrawals are allowed from Year 7 onwards (50% of balance at end of 4th year preceding withdrawal year or end of preceding year, whichever is lower). Loans against PPF balance are available from Year 3 to Year 6. After 15 years, the account can be extended in 5-year blocks indefinitely with or without further contributions.
Why is PPF called EEE?▾
PPF is one of India's few "EEE" (Exempt-Exempt-Exempt) investment products: (1) Contributions are tax-deductible under Section 80C up to ₹1.5 lakh/year, (2) Annual interest earned is tax-exempt, (3) Maturity value is fully tax-exempt. This makes PPF one of the most tax-efficient long-term savings vehicles in India, particularly for high-tax-bracket investors. The 7.1% post-tax PPF rate equates to ~10.5% pre-tax for 30% slab payers.
PPF vs ELSS for 80C — which is better?▾
Different risk/return profiles. PPF: guaranteed 7.1% (tax-free), 15-year lock-in, capital protection, suitable for risk-averse savers. ELSS (Equity-Linked Savings Scheme): 12-15% historical equity returns (tax-free up to ₹1 lakh/year LTCG), 3-year lock-in, market risk, suitable for younger or growth-focused investors. Many balanced portfolios use both — PPF for guaranteed corpus, ELSS for growth. Combined, they can fully utilize the ₹1.5 lakh 80C cap.