PPF Calculator

Each year, your deposit is added to the running balance, and interest is calculated on that balance at the given annual rate, then added back in — so interest compounds annually. This calculator provides an estimate; actual PPF interest is calculated monthly on the lowest balance between the 5th and last day of each month, so real returns may vary slightly.

Section 80C tax benefit:PPF contributions qualify for deduction under Section 80C of the Income Tax Act, up to the overall 80C limit of ₹1,50,000 per financial year (shared with EPF, ELSS, life insurance premiums and other 80C instruments — it isn't an additional ₹1.5L on top of what you already claim elsewhere). This 80C benefit is only available under the old tax regime.

PPF interest rate has ranged roughly between 7% and 8.1%over the past several years as the government reviews it every quarter — it doesn't track market rates directly, but has generally moved in the same direction as broader interest-rate cycles. Always check the current quarter's notified rate rather than relying on this calculator's default.

Withdrawals: the account has a 15-year lock-in, extendable in 5-year blocks. Partial withdrawal is allowed from the 7th financial year onward, capped at the lower of 50% of the balance at the end of the 4th preceding year or 50% of the balance at the end of the preceding year. Loans against the PPF balance are available even earlier, from the 3rd to 6th year.