Estimate what your PPF grows to, with annual compounding at the current 7.1% rate. PPF returns are tax-free under the EEE rule.
The Public Provident Fund is a government-backed savings scheme with a 15-year lock-in. You can deposit between ₹500 and ₹1,50,000 per financial year. Interest is compounded annually and, along with the deposits and maturity, is fully tax-free under the EEE (exempt-exempt-exempt) rule. Deposits also qualify for a deduction under Section 80C.
The PPF rate is set by the government each quarter and has been 7.1% since April 2020 (unchanged for FY 2025-26 and FY 2026-27). Interest is calculated on the lowest balance between the 5th and the last day of each month, so depositing before the 5th helps you earn a little more.
Yes. PPF has EEE status, so your deposits (under Section 80C), the annual interest, and the maturity amount are all tax-free.
7.1% per year, compounded annually. It has been unchanged since April 2020 and is reviewed by the government each quarter, so confirm the latest rate before relying on projections.
Read the guide: PPF explained: interest, withdrawal and tax →
Last updated: August 2026. PPF rate (7.1%) is reviewed quarterly by the government; confirm the current rate before relying on this.