PPF Calculator

Estimate the maturity amount of your Public Provident Fund (PPF) investments.

Investment Details

₹ 1,00,000
7.1 %
15 Years

Maturity Amount

₹ 0

Total Investment

₹ 0

Total Interest Earned

₹ 0

Year-wise Growth

Year Opening Balance Deposited Amount Interest Earned Closing Balance

Understanding Your PPF Investment

Our PPF Calculator helps you quickly estimate the maturity amount of your Public Provident Fund investments.

What is PPF?

Public Provident Fund (PPF) is a popular long-term investment option backed by the Government of India. It offers tax benefits, attractive interest rates, and a high degree of safety, making it a preferred choice for retirement planning and long-term wealth creation.

The PPF scheme has a lock-in period of 15 years, but it can be extended in blocks of 5 years.

How PPF Works

PPF investments accrue interest annually, compounded yearly. The interest rate is declared by the government quarterly.

  1. Investment Amount
    You can deposit a minimum of ₹500 and a maximum of ₹1.5 lakh in a financial year. Deposits can be made in a lump sum or in up to 12 installments.
  2. Interest Calculation
    Interest is calculated monthly on the lowest balance between the 5th and the last day of the month, but it is credited only at the end of the financial year.
  3. Maturity Period
    The initial maturity period for a PPF account is 15 years. After 15 years, you can withdraw the entire amount or extend the account in blocks of 5 years.

Tax Benefits of PPF

PPF falls under the 'EEE' (Exempt, Exempt, Exempt) category of taxation in India:

  • Exempt (E1): Contributions made to PPF are eligible for deduction under Section 80C of the Income Tax Act, up to ₹1.5 lakh per financial year.
  • Exempt (E2): The interest earned on PPF investments is tax-free.
  • Exempt (E3): The maturity amount withdrawn from PPF is also exempt from tax.

This triple tax benefit makes PPF a highly attractive investment for tax-saving purposes.

Frequently Asked Questions

The minimum annual investment in a PPF account is ₹500, and the maximum is ₹1.5 lakh (₹150,000) in a financial year.

Partial withdrawals are allowed from the 7th financial year onwards, subject to certain conditions. Premature closure is allowed only in specific circumstances like critical illness of the account holder or for higher education, after 5 financial years from the end of the year of opening.

The PPF interest rate is reviewed and declared by the Ministry of Finance, Government of India, on a quarterly basis. It is linked to the yield on government securities.