HDFC PPF Calculator — HDFC Bank Public Provident Fund — FY 2026-27
Calculate maturity on your HDFC Bank Public Provident Fund account at the current 7.1% GoI rate. HDFC is the 2nd-largest PPF custodian among private banks and offers full digital PPF management via NetBanking and MobileBanking app. Rate is GoI-set (not bank-set), identical across custodians.
PPF inputs
- Maturity amount
- ₹40.68 L
- Total deposited
- ₹22.50 L
- Total interest
- ₹18.18 L
- Effective CAGR
- 4.03%
Section 80C tax savings (old regime)
- Annual deduction (capped at ₹1.5L 80C cap): ₹1,50,000
- Lifetime tax savings over 15 yr: ₹6,75,000
- Maturity amount & interest are fully tax-exempt u/s 10(11).
New regime forfeits 80C — these savings apply only if you opt for old regime.
Year-by-year compounding
| Year | Opening | Deposit | Interest | Closing |
|---|---|---|---|---|
| Year 1 | ₹0 | ₹1,50,000 | ₹10,650 | ₹1,60,650 |
| Year 2 | ₹1,60,650 | ₹1,50,000 | ₹22,056 | ₹3,32,706 |
| Year 3 | ₹3,32,706 | ₹1,50,000 | ₹34,272 | ₹5,16,978 |
| Year 4 | ₹5,16,978 | ₹1,50,000 | ₹47,355 | ₹7,14,334 |
| Year 5 | ₹7,14,334 | ₹1,50,000 | ₹61,368 | ₹9,25,701 |
| Year 6 | ₹9,25,701 | ₹1,50,000 | ₹76,375 | ₹11,52,076 |
| Year 7 | ₹11,52,076 | ₹1,50,000 | ₹92,447 | ₹13,94,524 |
| Year 8 | ₹13,94,524 | ₹1,50,000 | ₹1,09,661 | ₹16,54,185 |
| Year 9 | ₹16,54,185 | ₹1,50,000 | ₹1,28,097 | ₹19,32,282 |
| Year 10 | ₹19,32,282 | ₹1,50,000 | ₹1,47,842 | ₹22,30,124 |
| Year 11 | ₹22,30,124 | ₹1,50,000 | ₹1,68,989 | ₹25,49,113 |
| Year 12 | ₹25,49,113 | ₹1,50,000 | ₹1,91,637 | ₹28,90,750 |
| Year 13 | ₹28,90,750 | ₹1,50,000 | ₹2,15,893 | ₹32,56,643 |
| Year 14 | ₹32,56,643 | ₹1,50,000 | ₹2,41,872 | ₹36,48,515 |
| Year 15 | ₹36,48,515 | ₹1,50,000 | ₹2,69,695 | ₹40,68,209 |
HDFC PPF account — what this calculator covers
HDFC Bank is an authorised custodian for Public Provident Fund accounts under the PPF Scheme 2019. The interest rate is set quarterly by the Department of Economic Affairs, Government of India — currently 7.1% p.a. for the Apr–Jun 2026 quarter — and is identical whether you hold your PPF with HDFC, SBI, ICICI, Post Office, or any other authorised institution. What differs is the HDFC-specific account-management workflow:
- Account opening: fully online via HDFC NetBanking → Investments → Open PPF Account. Requires an existing HDFC savings account and completed video-KYC. Paperless, Aadhaar-based OTP sign. Typically live within 2 working days.
- Deposits: one-click transfer from your HDFC savings account via NetBanking or HDFC Mobile Banking. Standing Instruction (SI) can be set up to auto-debit a fixed amount on a chosen date each month.
- Deposit limits: ₹500 minimum, ₹1,50,000 maximum per financial year (combined across self + minor-child PPF accounts). Deposits above ₹1.5 L get refunded without interest.
- Passbook: e-passbook available via NetBanking; physical passbook issued on request at any HDFC branch.
- Partial withdrawal: from year 7 onwards, Form C submitted via NetBanking or at a branch; credit to HDFC savings in T+1.
- Loan against PPF: from year 3 to year 6. HDFC charges PPF rate + 1% (so 8.1% at current rates). Credited to HDFC savings, repayable in ≤36 months.
HDFC PPF interest rate (Apr–Jun 2026 quarter)
7.1% p.a., compounded annually, credited on 31 March each year. The interest is computed on the minimum balance between the 5th and last day of each month. This is why the classic advice is to deposit the full year’s contribution before 5 April — every rupee earns a full 12 months of interest in year one.
HDFC PPF maturity — 1.5 lakh / 15 years & other popular scenarios
The maturity math is universal across all PPF custodians. Pick the row that matches your deposit + tenure plan; the calculator above lets you customise any amount from ₹500 to ₹1.5 lakh at tenures from 15 to 50 years.
| Annual deposit | Tenure | Total contribution | Maturity |
|---|---|---|---|
| ₹12,500 (SI ₹1,041/month) | 15 years | ₹1,87,500 | ₹3,39,017 |
| ₹50,000 | 15 years | ₹7,50,000 | ₹13,56,070 |
| ₹1,00,000 | 15 years | ₹15,00,000 | ₹27,12,139 |
| ₹1,50,000 (80C cap) | 15 years | ₹22,50,000 | ₹40,68,209 |
| ₹1,50,000 | 20 years (one extension) | ₹30,00,000 | ₹66,58,288 |
| ₹1,50,000 | 25 years | ₹37,50,000 | ₹1,03,88,181 |
| ₹1,50,000 | 30 years | ₹45,00,000 | ₹1,54,07,120 |
HDFC PPF standing instruction (SI) — the easy-mode setup
HDFC’s strongest PPF feature is the automated SI. Set it once and never miss a deposit. Recommended configuration to maximise interest:
- Amount: ₹12,500/month (hits the ₹1.5 L cap exactly if run 12 months) OR ₹1,50,000 as a single 1-April annual transfer (earns the most interest because every rupee sits for 12 full months).
- Date: if monthly, choose 1st–5th of each month. HDFC credits PPF by end-of-day on the SI date; the “5th-of-month” interest-qualification cutoff is met.
- Source: HDFC savings account. Keep a ₹1,500+ buffer to avoid SI failure (which happens silently — HDFC retries once and then skips).
- Monitoring: enable NetBanking email alerts for PPF credits. Missed deposits don’t attract penalties but do reduce that year’s maturity compounding.
HDFC PPF vs SBI PPF vs Post Office PPF — choose on workflow
Rate and maturity are identical. Differences are purely operational — pick based on where you bank and what workflow you prefer:
- HDFC PPF: best if you’re already HDFC salaried. Cleanest NetBanking UI, best SI reliability among the three, good e-passbook.
- SBI PPF: largest custodian (~3.5 cr accounts). YONO app opening + SBI Internet Banking. Edge if you have SBI legacy relationship or NRI PPF (SBI handles NRI-converted PPF accounts best).
- Post Office PPF: rural reach, multi-nominee support, IPPB-app deposits. Choose if your nearest financial branch is a post office.
Related PPF calculators + the 80C decision
- Main PPF Calculator — generic custodian-agnostic projection.
- PPF Maturity Calculator — matures at 15 / 20 / 25 / 30 years with extension scenarios.
- PPF Interest Calculator — year-by-year interest-component breakdown.
- PPF vs ELSS vs Tax-saver FD — pick how much of the ₹1.5 L 80C cap to allocate to PPF based on your risk tolerance + horizon.
HDFC PPF Calculator — HDFC Bank Public Provident Fund — FAQ
What is the HDFC PPF interest rate?
7.1% per annum — the rate is set by the Government of India (notified quarterly by the Ministry of Finance), not by HDFC. Every authorized bank / Post Office pays the same PPF rate. HDFC credits interest on 31st March each year, based on the minimum monthly balance between the 5th and last day.
How to open HDFC PPF account online?
Sign into HDFC NetBanking → Accounts → Request → Open PPF Account. Pre-filled KYC from your savings account; initial deposit debits from your linked account. Process takes 5 minutes; account active immediately. Alternative: HDFC Mobile Banking app > Apply Now > PPF.
What is the HDFC PPF maximum deposit?
₹1.5 lakh per financial year (aggregate across self + minor-child accounts, per PPF rules). HDFC auto-rejects deposits beyond this cap. Minimum: ₹500/year to keep account active. Deposits above ₹1.5 L are refunded without interest.
Can I link HDFC PPF to my salary account for auto-debit?
Yes — HDFC NetBanking → Bill Pay → PPF Auto-Pay. Set the amount (e.g., ₹12,500) and frequency (monthly, quarterly, annual). Money debits automatically from your HDFC savings on the chosen date. Best practice: auto-debit on 1st of every month to ensure balance during min-balance computation window (5th-last-day).
How does HDFC calculate PPF interest?
Standard formula: Interest = Minimum balance (between 5th and last day of each month) × annual rate / 12, summed over 12 months, credited on 31st March. Our calculator mirrors HDFC's statement-generation logic exactly — accurate to the rupee on any 15-year tenure.
Other PPF calculators
Generic PPF Calculator
Main calculator with all features — extension, withdrawal, loan.
SBI PPF Calculator
SBI PPF Calculator at current 7.
Post Office PPF Calculator
India Post Office PPF Calculator at current 7.
PPF Maturity Calculator
PPF Maturity Calculator — PPF corpus at 15, 20, 25, or 30 years at 7.
PPF Interest Calculator
PPF Interest Calculator — year-by-year tax-free interest earnings on your Public Provident Fund at the current 7.