₹12,500 a month, by the 5th.
PPF Calculator: Maturity Value and Interest
Enter what you put into PPF each month, up to ₹12,500 (₹1.5 lakh a year), and the calculator works the account the way the scheme does: interest on the lowest balance between the 5th and the end of each month, credited once a year, free of tax. It shows what you put in and what it grows to, and sets PPF beside Sukanya Samriddhi if you are saving for a daughter.
Post Office rates for October to December 2026 (India Post; NSI) · National Savings Schemes, 2019 · SBI retail term deposit card rates w.e.f. 15 December 2025, page updated 19 October 2026 · DICGC cover ₹5 lakh · Income-tax Act, 2025: sections 123 and 393(1) · reviewed 21 October 2026
What you are putting away
₹
A Time Deposit, NSC or KVP takes ₹1,000 or more
₹
PPF and Sukanya take up to ₹1.5 lakh a year, ₹12,500 a month
The Post Office’s own terms; 9 years 7 months is the KVP’s
The Post Office RD runs 5 years, PPF 15; a bank RD 1 to 10
You
Seniors get more from a bank, and the SCSS
The rate your next rupee of income pays; 4% cess is added
For the 5-year TD, NSC, SCSS, PPF, Sukanya and a 5-year tax-saver FD, on up to ₹1.5 lakh a year, if you have that room left
Sukanya Samriddhi is open only in her name
The bank
Empty: SBI’s card rate for the term and your age
Type the rate from that bank’s own page
PPF maturity, worked
₹12,500 a month, the ₹1.5 lakh a year the scheme allows, at 7.1% for October to December 2026.
Interest credited every year and left in the account.
Free of income tax.
After tax, which for PPF is the same as before it.
PPF rules, and where each comes from
Where it comes from
Set by the Government every quarter; unchanged since 1 January 2024. India Post; NSI on PPF.
Where it comes from
In any financial year, at least ₹500 and at most ₹1.5 lakh. PPF Scheme, 2019.
Where it comes from
Interest is worked on the lowest balance between the close of the fifth day and the end of each month, and credited once a year. NSI.
Where it comes from
Matures after fifteen complete financial years from the end of the year it was opened, so the exact date depends on the month you open it. The calculator shows 15 years of deposits.
Where it comes from
A loan from the 3rd to the 6th year; one withdrawal a year from the 7th. NSI.
Where it comes from
Interest and maturity are free of tax. Deposits qualify under section 123 (formerly 80C) in the old regime, within the shared ₹1.5 lakh.
PPF: the questions people ask
How is PPF interest calculated?
On the lowest balance between the close of the 5th day and the end of each month, at 7.1% a year for October to December 2026, and credited to the account once a year. A deposit made by the 5th earns for that month; one made after it waits for the next. The calculator works the account month by month in exactly that way.
Is this PPF calculator free?
Yes. It is a free PPF calculator: no sign-up, and the figures you type stay in your browser. It works the account the way the PPF Scheme, 2019 does and shows the maturity value, the interest and the tax-free return. You can share the result as a link or a PDF.
What is the PPF interest rate now?
7.1% a year for October to December 2026, unchanged since 1 January 2024. The Government sets it every quarter, and a PPF balance earns whatever rate is notified for the time, so the maturity value is an estimate at today’s rate.
How much will ₹1.5 lakh a year in PPF give after 15 years?
At today’s 7.1%, ₹12,500 a month (₹1.5 lakh a year, the most PPF takes) for 15 years puts in ₹22.5 lakh and grows to about ₹39.45 lakh, all of it tax-free. ₹5,000 a month grows to about ₹15.78 lakh.
Is PPF interest taxable?
No. PPF interest and the maturity amount are free of income tax. In the old regime, deposits also qualify for the section 123 deduction (formerly 80C), within the ₹1.5 lakh a year it shares with PF, insurance and the rest. The new regime gives no deduction for the deposits, but the interest stays tax-free.
When can I take money out of PPF?
The account matures after fifteen complete financial years from the end of the year in which it was opened. Before that, a loan is allowed from the 3rd to the 6th year, and one withdrawal a year from the 7th.
See also the Sukanya Samriddhi calculator, the FD, RD and Post Office calculator with every scheme side by side, the income tax calculator to see what the deduction is worth, the guide to the new regime and the deductions it gives up, or all calculators.
Quoting this calculator?
You are welcome to use these figures in an article, a forum answer or a client note. A link back is all I ask — here it is, ready to paste.