PPF calculator
Most PPF calculators compound your deposit as if timing doesn't matter. It does: PPF interest is computed monthly on the minimum balance between the 5th and the last day of the month. This one uses the real rule.
| FY | Deposited | Interest | Balance |
|---|---|---|---|
| 2026–27 | ₹1,50,000 | ₹10,650 | ₹1,60,650 |
| 2027–28 | ₹1,50,000 | ₹22,056 | ₹3,32,706 |
| 2028–29 | ₹1,50,000 | ₹34,272 | ₹5,16,978 |
| 2029–30 | ₹1,50,000 | ₹47,355 | ₹7,14,333 |
| 2030–31 | ₹1,50,000 | ₹61,368 | ₹9,25,701 |
| 2031–32 | ₹1,50,000 | ₹76,375 | ₹11,52,076 |
| 2032–33 | ₹1,50,000 | ₹92,447 | ₹13,94,523 |
| 2033–34 | ₹1,50,000 | ₹1,09,661 | ₹16,54,184 |
| 2034–35 | ₹1,50,000 | ₹1,28,097 | ₹19,32,281 |
| 2035–36 | ₹1,50,000 | ₹1,47,842 | ₹22,30,123 |
| 2036–37 | ₹1,50,000 | ₹1,68,989 | ₹25,49,112 |
| 2037–38 | ₹1,50,000 | ₹1,91,637 | ₹28,90,749 |
| 2038–39 | ₹1,50,000 | ₹2,15,893 | ₹32,56,642 |
| 2039–40 | ₹1,50,000 | ₹2,41,872 | ₹36,48,514 |
| 2040–41 | ₹1,50,000 | ₹2,69,694 | ₹40,68,208 |
Interest is recomputed each FY and credited on 31 March, exactly as a bank posts it. A deposit made after the 5th of a month earns nothing for that month — try both lump-sum timings to see what that rule costs over the full term.
enMoney computes this automatically from the transactions you import — Indian, Australian and US holdings in one ledger, with each regime's own tax rules.
See what enMoney tracksThe Public Provident Fund pays interest monthly at one-twelfth of the notified annual rate, but only on the minimum balance between the close of the 5th day and the end of that month. The twelve monthly figures are summed and credited once, on 31 March. Deposit on the 5th and that money earns for the month; deposit on the 6th and the same money earns nothing until the next one.
Over a full ₹1.5 lakh year the difference between a well-timed lump sum and a carelessly-timed one is roughly ₹900 annually — compounded over a 15-year PPF life it is several thousand rupees lost to a date on the calendar, not to any fee or rate change.
The annual deposit cap is ₹1,50,000 per person across all their PPF accounts, and the account matures 15 years from the end of the financial year it was opened — an account opened in January 2010 matures on 1 April 2025, not in January. Extensions run in five-year blocks, with or without further deposits.
Frequently asked questions
What is the PPF interest rate right now?
7.1% per annum, unchanged since April 2020. The Ministry of Finance notifies small-savings rates quarterly, so check the current quarter’s notification — this calculator lets you change the rate to match.
Is it better to deposit PPF monthly or as a lump sum?
If you have the money available, a lump sum deposited by 5 April beats twelve monthly deposits of the same total, because every rupee earns for all twelve months. Monthly deposits only win if that is when your cash actually arrives.
What happens if I deposit after the 5th of the month?
That deposit earns no interest for that month. Interest is computed on the minimum balance between the close of the 5th and month-end, so money that arrived on the 6th only starts earning next month. Over fifteen years a repeated one-day slip costs thousands of rupees.
How much can I deposit in PPF in a year?
₹1,50,000 per financial year per person, across all PPF accounts you hold. Amounts above the cap earn no interest and this calculator ignores them.
When does a PPF account mature?
Fifteen years from the end of the financial year in which it was opened. An account opened any time between April 2025 and March 2026 matures on 1 April 2041. It can then be extended in blocks of five years.