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Updated on : October 20, 2018
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PPF Calculator
Interest Rates updated upto 1st October 2018

PPF ( Public Provident Fund ) is favorite tax saving investment option for tax payers in India in view of the following :

PPF is the best risk free available option for tax saving. PPF accounts can be opened at designated branches of authorised banks and designated Post Offices.

Use PPF Calculators available on this page for easy calculation of estimated PPF Interest, estimated PPF Maturity value and estimated PPF Return on Investment ( RoI ) for 15 years / 30 years for Fixed Monthly Investment / Fixed Yearly Investment / Variable Yearly Investment / Variable Yearly - Monthly Investment in PPF (Public Provident Fund) accounts. The calculator has up-to-date PPF Interest rates and can be used for PPF accounts in all authorised banks and Post Offices. You may also use calculator for calculation of Actual Interest and Yearly Closing Balance for any mode of investment on year to year basis and calculator for calculation of available PPF Loan / PPF Withdrawal.

PPF Estimated Interest, Maturity value and Return on Investment Calculator

Select Investment Mode
Select Financial Year of Account Opening
Select Calculation Period
Opening Balance, if any
Fixed Monthly Investment
Upto FY 2010-11 : ₹ 5,830/- p. m.
FY 2011-12 to FY 2013-14 : ₹ 8,330/- p. m.
FY 2014-15 onwards : ₹ 12,500/- p. m.
Fixed Yearly Investment
Upto FY 2010-11 : ₹ 70,000/- p. a.
FY 2011-12 to FY 2013-14 : ₹ 1,00,000/- p. a.
FY 2014-15 onwards : ₹ 1,50,000/- p. a.
Variable Monthly Investments
Upto FY 2010-11 : ₹ 5,830/- p. m.
FY 2011-12 to FY 2013-14 : ₹ 8,330/- p. m.
FY 2014-15 onwards : ₹ 12,500/- p. m.
Financial YearMonthly depositFinancial YearMonthly depositFinancial YearMonthly deposit
Variable Yearly Investments
Upto FY 2010-11 : ₹ 70,000/- p. a.
FY 2011-12 to FY 2013-14 : ₹ 1,00,000/- p. a.
FY 2014-15 onwards : ₹ 1,50,000/- p. a.
Financial YearYearly depositFinancial YearYearly depositFinancial YearYearly deposit
Date of MaturityTotal Investment
Estimated Maturity ValueReturn on Investment (ROI)
Chart : Year-wise Growth in PPF account
Presumptions made in calculations : View
  • The acount is opened during 1st April to 5th April.
  • In case of Yearly investments, the investments are made during 1st April - 5th April every year so that the investments qualify for interests for the whole year.
  • In case of Monthly investments, the investments are made during 1st - 5th of every month so that the investments qualify for interest for the month of investment.
  • Current Interest rate is applied for all future interest calculations.

PPF Actual Interest and Yearly Balance Calculator

This calculator does not make any presumpions regarding date and month of opening of account and date and/or moth of making investment. Therefore, the calculations are accurate. Use this calculator to calculate the exact amount of yearly Interest and Yearly Balance of your PPF account on year to year basis. A click or tap on "Calculate for Next Year' button will automatically carry over the Closing Balance of this year as Opening Balance for the next year, change Financial Year and applicable Interest Rate(s).

Select Financial Year
Opening Balance as on 1st April of the Year, if any
MonthInterest rateAmount DepositedWithdrawalEffective Balance *
Upto 5thAfter 5th
Apr. 20187.60
May 20187.60
Jun 20187.60
Jul. 20187.60
Aug. 20187.60
Sep. 20187.60
Oct. 20188.00
Nov. 20188.00
Dec. 20188.00
Jan. 20198.00
Feb. 20198.00
Mar. 20198.00
* The effective balance for interest application is the minimum closing balance between 5th and last date of the month.
Interest for the Financial Year0
Closing Balance for the Financial Year0

PPF Available Loan / Withdrawal Calculator

Select Date of Account Opening
Balance of the Account as on 31.03.2018
Balance of the Account as on 31.03.2015
Maximum Permissible Withdrawal Amount
Withdrawal Rules ( Before Extension ) : View
  1. Withdrawals are available once every year from PPF account after expiry of five years from the end of Financial Year in which the initial deposit was made i.e. withdrawal from PPF account is available from seventh year.
  2. The amount of withdrawal is restricted to 50% of the credit balance at the end of the fourth year immediately preceding the year of withdrawal or the year immediately preceding the year of withdrawal, whichever is lower.
  3. Application in prescribed form ( Form C ) is to be made for withdrawal along with the pass book of the account.
  4. In case, the withdrawal is sought from minor's Account, the guardian has to make a declaration that the money is required for the use/benefit of the minor.
Balance at the start of the extension block of 5 years
Amount withdrawn since start of extension block of 5 years
Maximum Permissible Withdrawal Amount
Withdrawal Rules ( After Extension ) : View
  1. One withdrawal is permitted in every financial year. The total amount of withdrawal is restricted to 60% of the credit balance at the start of the extension block of 5 years.
  2. Application in prescribed form ( Form C ) is to be made for withdrawal along with the pass book of the account.
  3. In case, the withdrawal is sought from minor's Account, the guardian has to make a declaration that the money is required for the use/benefit of the minor.
Balance of the Account as on 31.03.2017
Permissible Loan Amount
Loan Rules View
  1. The loan facility is available any time after expiry of one year from the end of the year in which the initial subscription was made but before expiry of five years from the end of the year in which the initial subscription was made i.e. the loan facility is available during third to sixth financial year of opening the account.
  2. Application in prescribed form ( Form D ) is to be made for loan along with the pass book of the account.
  3. The loan can be taken up to 25% of the amount in the account at the end of the second year immediately preceding the year in which the loan is applied for.
No Loan / Withdrawal is yet available in your account.

PPF Interest Rates

PeriodInterest RatePeriodInterest Rate
01.04.1986 to 14.01.200012.00 %01.04.2013 to 31.03.20168.70 %
15.01.2000 to 28.02.200111.00 %01.04.2016 to 30.09.20168.10 %
01.03.2001 to 28.02.20029.50 %01.10.2016 to 31.03.20178.00 %
01.03.2002 to 28.02.20039.00 %01.04.2017 to 30.06.20177.90 %
01.03.2003 to 30.11.20118.00 %01.07.2017 to 31.12.20177.80 %
01.12.2011 to 31.03.20128.60 %01.01.2018 to 30.09.20187.60 %
01.04.2012 to 31.03.20138.80 %01.10.2018 onwards8.00 %

You may like to know :

Who is eligible to open PPF account?

Any resident individual can open PPF account in his / her name or in minor's name in the capacity of guardian of the minor by submitting application on Form A. Only one PPF account can be opened in one name. Either father or mother can open a PPF account in the name of a minor child, but not both. HUFs and Non Residents are not permitted to open PPF account.

Where to Open a PPF account?

PPF accounts can be opened at at designated branches of State Bank of India and other authorised banks, all Head Post Offices and other designated Post Offices.

What is minimum amount of deposit in a PPF account?

The account can be opened with a minimum subscription of ₹ 100/-. However, ₹ 500/- per annum is required to be deposited.

What is maximum amount of deposit in a PPF account?

The maximum amount limit is ₹ 1.50 lacs per annum. The amount can be depoosited in lump-sum or in convenient instalments not exceeding 12 in a year.

What is PPF Interest rate?

PPF interest rate is notified by the Central Government from time to time. The Interest rate notified by the Central Government is applicable to all authorised Banks and Post Offices. The current interest rate is 7.6% per annum.

How PPF interest is calculated?

PPF Interest for a month is calculated at prevailing notifed rate ( current rate 7.6% ) on the minimum balance available in PPF account from 5th of a month to the last date of the month. PPF interest is applied at year end and is compounded yearly.

What is maturity period of a PPF account?

A PPF account matures after expiry of 15 financial years from the nd of financial in which the account was opened and initial deposit was made. Therefore, if you open account in April 2018, your account will mature on 1st April 2034. The entire balance can be withdrawn in full after expiry of 15 years from the close of inancial year in which the account was opened. However, on the expiry of fifteen years, a PPF account can be extended for a further period of five years at a time by submitting an application on Form H, or as near thereto as possible. The facility can again be availed on expiry of 20 years, 25years and so on. The option should be exercised within a period of one year after expiry of 15 years or the extended block of 5 years.

What is PPF Withdrawal facilty?

A depositor can make partial withdrawals, once every year from his PPF account after expiry of five years from the end of Financial Year in which the initial deposit was made i.e. withdrawal from PPF account is available from seventh year.

What is PPF loan facilty?

A depositor can avail of loan facility any time after expiry of one year from the end of the year in which the initial subscription was made but before expiry of five years from the end of the year in which the initial subscription was made i.e. the loan facility is available from third to sixth financial year of opening the account.

You may like to view / download :

  1. PPF Account features and tax benefits
  2. PPF Rules
  3. PPF forms in fillable format