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Tools · Small Savings

NSC / PPF / SSY Calculator — Q1 2026 rates.

Maturity calculator for the three core small-savings schemes — National Savings Certificate, Public Provident Fund, and Sukanya Samriddhi Yojana — using interest rates notified for January-March 2026 (rates have held for eight consecutive quarters).

Public Provident Fund

Annual deposits compounded annually. 15-year lock-in, then extendable in 5-year blocks. Tax-free interest under EEE regime; deduction under Section 80C.

PPF: lock-in 15 years. Partial withdrawals allowed from year 7. Loans against balance available years 3–6. Interest credited 31 March each year, computed on lowest balance between 5th and last day of month.
How this is calculated +

NSC (National Savings Certificate): 5-year fixed deposit. Interest compounded annually but paid only at maturity.

Maturity = Deposit × (1 + r)5

Min deposit ₹1,000; no maximum. Investment qualifies for Section 80C deduction. Interest is taxable but the first 4 years’ interest is treated as reinvested and itself qualifies for 80C in those years.

PPF (Public Provident Fund): 15-year scheme. Annual deposits between ₹500 and ₹1,50,000 (per PAN-Aadhaar). Compounded annually.

Maturity = Σ (Annual deposit × (1 + r)(15 − n))
where n = year of deposit (1 to 15)

Tax treatment is EEE: deduction on contribution (Section 80C), tax-free interest, tax-free maturity. Account can be extended in 5-year blocks indefinitely, with or without further contributions.

SSY (Sukanya Samriddhi Yojana): for the girl child below age 10. 21-year scheme from account opening (or until marriage after age 18). Deposits allowed for the first 15 years; account earns interest for 21 years. Annual cap ₹1,50,000.

Maturity = Σ (Annual deposit × (1 + r)(21 − n))
for years 1 to 15 (deposit years); years 16-21 just compound the existing balance.

Tax treatment is also EEE. Interest is fixed quarterly by the central government.

The calculator uses end-of-year compounding for simplicity. Actual interest credit timing varies (PPF credits annually on 31 March; SSY similarly).

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Indicative only. Small-savings rates are reset by the Department of Economic Affairs at the start of each quarter. Future-period interest is not guaranteed at the rate you enter. Tax treatment depends on whether you opt for the old or new tax regime — under the new regime, Section 80C deduction is not available (though EEE on PPF/SSY interest still applies). Talk to us for tailored savings planning.