PPF Account Application Form 2026 / Interest Rates / Calculation: The Public Provident Fund (PPF) is a long-term investment and tax-saving scheme launched in 1968 by India Post. The primary objective of the PPF account is to encourage small savings through secure investments that offer competitive returns alongside income tax advantages. You can utilize the PPF calculator to determine your earnings based on the current interest rate, which is set at 7.1% per annum, compounded annually, by the central government.
Post Office Public Provident Fund Account
The PPF is a government-backed long-term debt instrument that offers guaranteed interest. Any individual, whether employed or self-employed, is eligible to invest and maintain a PPF account. PPF interest rates generally outperform traditional bank savings accounts and fixed deposits. We recommend users Compare All Post Office Schemes before making financial commitments.
You can open a PPF account at a local post office or designated bank branches. Many banks now facilitate online deposits into these accounts. Please note that Non-Resident Indians (NRIs) are ineligible to participate in this scheme. You can also view comparisons against National Saving Certificates (NSC), Kisan Vikas Patra (KVP), Sukanya Samriddhi Yojana, Post Office Savings Accounts, Senior Citizen Savings Schemes (SCSS), Recurring Deposits (RD), Time Deposits (TD), and Monthly Income Schemes (MIS).
Post Office PPF Account Opening Form
To download the official PPF account opening document, please follow this direct link: https://www.indiapost.gov.in/VAS/Pages/Form.aspx#SavingBank
The 2026 PPF account application format appears as follows: