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PPF Calculator India 7.1% 2026-27
Calculate PPF maturity amount at 7.1% interest rate for FY 2026-27. See total invested, interest earned and tax-free maturity amount after 15 years.
PPF Interest Rate History
PPF rate was 12% in 2000, fell to 7.1% by 2020 and has stayed there. The government reviews it quarterly. Current rate for FY 2026-27 is 7.1% per annum.
PPF vs FD vs ELSS Calculator
PPF gives 7.1% tax-free. FD gives 7-7.5% but interest is taxable. ELSS gives 12-15% but with market risk. For risk-free tax-free returns, PPF wins.
PPF Calculator After 15 Years
After 15 years, PPF can be extended in 5-year blocks with or without deposits. Extension without deposits still earns 7.1% interest on the full balance — no new money needed.
How the 5th Rule Works in PPF
PPF interest is calculated on minimum balance between 5th and last day of each month. Deposit before the 5th to earn interest for that month. Depositing on 6th means you miss that month's interest.
Frequently Asked Questions
What is the PPF interest rate for 2026-27?
The PPF interest rate is 7.1% per annum for Q1 FY 2026-27. It has been 7.1% since April 2020. The interest is calculated monthly but credited to your account on 31 March every year.
How much will Rs 1.5 lakh per year in PPF become after 15 years?
At 7.1% interest, Rs 1.5 lakh deposited annually for 15 years grows to approximately Rs 40.68 lakh. Total invested is Rs 22.5 lakh. Interest earned is Rs 18.18 lakh — all completely tax free.
Is PPF better than FD for tax saving?
PPF is EEE — deposit is tax deductible, interest is tax free, maturity is tax free. FD interest is taxable as income. For someone in 30% tax bracket, PPF's 7.1% is equivalent to a taxable FD giving 10.1%.
Can I take a loan against PPF?
Yes. From year 3 to year 6 of the account, you can take a loan of up to 25% of the balance at the end of year 2. The interest is PPF rate plus 1%. You must repay within 3 years or interest jumps to 6%.
What is the maximum deposit in PPF per year?
Maximum deposit in PPF is Rs 1.5 lakh per financial year. Any amount above this is returned without earning interest. Minimum deposit is Rs 500 per year. Accounts become inactive if minimum is not maintained.