PPF Calculator - Public Provident Fund Calculator
Calculate PPF returns instantly. Plan your long-term savings with India's most trusted tax-free investment scheme. Get maturity amount, interest earned, and year-wise breakdown.
Investment Breakdown
How to Use PPF Calculator
Calculate your PPF returns in 3 simple steps:
Set Yearly Investment
Enter how much you plan to invest annually in PPF. Minimum ₹500, maximum ₹1,50,000 per year. Use slider or type exact amount.
Choose Time Period
Select investment duration. Minimum 15 years (lock-in period). Can extend in blocks of 5 years. Plan for 15-50 years.
Set Interest Rate
Current PPF rate is 7.1% (Q4 FY2024-25). Rate is set by government quarterly. Adjust to see impact of rate changes.
PPF Calculation Formula
Example Calculation
Yearly Investment: ₹1,50,000
Time Period: 15 years
Interest Rate: 7.1% per year
Total Invested: ₹22,50,000 (₹1,50,000 × 15)
Interest Earned: ₹18,18,209
Maturity Amount: ₹40,68,209
Returns: 80.8% growth on investment (Tax-Free!)
PPF Benefits & Features
Government Backed
100% safe investment backed by Government of India. Zero risk of default. Your money is completely secure.
Tax Free Returns
Interest earned is completely tax-free. Maturity amount is tax-free. EEE (Exempt-Exempt-Exempt) status under Income Tax.
Tax Deduction u/s 80C
Get tax deduction up to ₹1.5 lakh per year under Section 80C. Save income tax on your investments.
Loan Facility
Get loan from 3rd to 6th year at 1% above PPF rate. Helps during emergencies without closing account.
Partial Withdrawal
Withdraw up to 50% of balance from 7th year onwards. One withdrawal per year allowed. Plan for emergencies.
Extendable Tenure
Extend PPF account in blocks of 5 years after maturity. Continue earning tax-free interest indefinitely.
Frequently Asked Questions
What is PPF and how does it work?
PPF (Public Provident Fund) is a long-term savings scheme backed by Government of India. You invest money annually (₹500 to ₹1.5 lakh), earn government-declared interest (currently 7.1%), and get tax-free returns after 15 years. Lock-in period is 15 years, extendable in 5-year blocks.
What is the current PPF interest rate?
The current PPF interest rate is 7.1% per annum (Q4 FY2024-25), compounded annually. Government reviews and announces PPF rates quarterly. Rates have historically ranged from 7.1% to 8% over the past decade.
What is minimum and maximum PPF investment?
Minimum: ₹500 per year. Maximum: ₹1,50,000 per year. You can deposit in lump sum or up to 12 installments per year. Missing minimum deposit makes account inactive.
Can I withdraw money from PPF before 15 years?
Partial withdrawal allowed from 7th year onwards - up to 50% of balance at end of 4th preceding year. One withdrawal per year. Premature closure allowed in specific cases like medical emergencies or higher education after 5 years with penalty.
Is PPF interest taxable?
No! PPF has EEE (Exempt-Exempt-Exempt) status. Investment qualifies for 80C deduction (up to ₹1.5L), interest earned is tax-free, and maturity amount is completely tax-free. One of the best tax-saving investments.
Can I take loan against PPF?
Yes, from 3rd to 6th financial year. Loan amount up to 25% of balance at end of 2nd preceding year. Interest rate is 1% above prevailing PPF rate. Must be repaid within 36 months.
Can I extend PPF after 15 years?
Yes! Extend in blocks of 5 years unlimited times after maturity. Two options: (1) With contributions - continue deposits up to ₹1.5L/year, or (2) Without contributions - just earn interest on existing balance. Great for retirement planning.
Who can open a PPF account?
Any Indian resident can open PPF account. One account per person. Parents/guardians can open for minors. NRIs cannot open new PPF accounts but can continue existing accounts until maturity. Available at post offices and authorized banks.