What is PPF and current interest rate?

Public Provident Fund is a 15-year government-backed savings scheme. The interest rate is currently 7.1% p.a. (FY 2026-27), reviewed quarterly.

How much can I invest in PPF per year?

Minimum ₹500 and maximum ₹1.5 lakh per financial year, in lumpsum or in 12 instalments.

Yes — PPF falls under EEE (Exempt-Exempt-Exempt). Contributions, interest and maturity are all fully tax-free.

Yes, in blocks of 5 years — with or without further contributions. Extension request must be made within 1 year of maturity.

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Plan your tax-free PPF investment.

Reviewed by Nisha SLast verified 6 Sept 2026RBI-compliantFact-check policy

Yearly Deposit₹1,50,000

₹500₹1.5L

Tenure (years)15 yrs

1550

Interest Rate %7.1%

5%10%

Total Invested₹22,50,000

Interest Earned₹18,18,209

Maturity Value₹40,68,209

Compare rates across 50+ banks.

Personalised plan in 60 seconds.

PPF is a 15-year (extendable) government-backed savings scheme with tax-free interest under Section 80C.

Each year: Balance = (Balance + Deposit) × (1 + r)

Everything you need to know about the PPF Calculator.

Results are illustrative estimates for planning. Actual figures depend on bank/AMC terms, taxes and market conditions.