PPF Interest Calculator India

Reviewed by Abhishek Kumar · June 16, 2026 · 9 min read

Frequently Asked Questions (FAQs)

The current PPF interest rate is 7.1% p.a., compounded annually. The rate is set and reviewed quarterly by the Government of India.

EEE stands for Exempt-Exempt-Exempt: your contributions, interest earned, and final maturity corpus are completely exempt from income tax.

Interest is calculated monthly on the lowest balance in your account between the 5th and the last day of the month.

Always deposit contributions on or before the 5th of the month (or April 5th for annual deposits) to maximize interest earnings.

PPF accounts have a mandatory lock-in period of 15 years. You can extend it indefinitely in blocks of 5 years.

The maximum contribution allowed is ₹1,50,000 per financial year under Section 80C.

A minimum deposit of ₹500 is required every financial year to keep the account active.

Partial withdrawals are allowed from the 7th financial year onwards, subject to specific limits based on your balance.

Yes, premature closure is permitted after 5 years for serious medical emergencies or higher education, subject to a 1% interest penalty.

In the event of the account holder's death, the nominee can withdraw the entire corpus completely tax-free.