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PPF calculator

The PPF runs for 15 years and can be extended in blocks of 5. Deposits of ₹500 to ₹1.5 lakh a year earn tax-free interest, compounded yearly. Depositing before 5 April earns interest for the whole year.

Set every quarter by the Ministry of Finance; 7.1% applied through 2025-26. Check the current rate.

Your answer

Maturity value₹40,68,209.22
Total interest₹18,18,209.22
Total deposited₹22,50,000.00
Balance at the end of each year
  • Deposits
  • Interest
Show the numbers
Balance at the end of each year
YearDepositsInterest
1₹1,50,000.00₹10,650.00
2₹3,00,000.00₹32,706.15
3₹4,50,000.00₹66,978.29
4₹6,00,000.00₹1,14,333.75
5₹7,50,000.00₹1,75,701.44
6₹9,00,000.00₹2,52,076.24
7₹10,50,000.00₹3,44,523.66
8₹12,00,000.00₹4,54,184.84
9₹13,50,000.00₹5,82,281.96
10₹15,00,000.00₹7,30,123.98
11₹16,50,000.00₹8,99,112.78
12₹18,00,000.00₹10,90,749.79
13₹19,50,000.00₹13,06,643.02
14₹21,00,000.00₹15,48,514.68
15₹22,50,000.00₹18,18,209.22

Worked out in your browser. Nothing you type is sent to a server.

How we worked it out

Updated as you change the numbers.

  1. Each year: add ₹1,50,000.00, then add 7.1% interest on the whole balance.
  2. Maturity = D × ((1 + r)ⁿ − 1) ÷ r × (1 + r) with n = 15 years.

Method and assumptions

Assumes the deposit is made by 5 April each year, so it earns interest for the full year, and that the rate stays the same. In practice the rate is reset every quarter.

Questions

What is the PPF maturity value on ₹1.5 lakh a year for 15 years at 7.1%?

About ₹40.68 lakh, of which ₹18.18 lakh is interest.

Sources

Method and figures checked on October 31, 2026. Every worked answer on this page is covered by an automated test. Found a mistake? Tell us.

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