Public Provident Fund (PPF) Calculator
Calculate total maturity amount, compounded interest earned, and tax-free wealth over a 15 to 30 year PPF tenure.
Investment Details
Current Interest Rate
Exempt-Exempt-Exempt: Investment gets 80C deduction, interest earned is 100% tax-free, and maturity amount is completely exempt from income tax.
₹ 40,68,209
Complete Guide to Public Provident Fund (PPF) Calculation & Rules
The Public Provident Fund (PPF) scheme is one of India's most popular sovereign-guaranteed government savings vehicles. Offering a triple Exempt-Exempt-Exempt (EEE) tax status, PPF enables salaried professionals and self-employed individuals to build a substantial risk-free retirement corpus.
The "5th of the Month" Rule
PPF interest is calculated on the minimum balance between the 5th day and the end of each calendar month and credited annually on March 31st. To maximize returns, always deposit your monthly contribution on or before the 5th of each month, or deposit the full annual ₹1,50,000 lump sum between April 1st and April 5th.
Tenure & Extension Rules
- Standard Lock-in: 15 complete financial years.
- Extension Blocks: Extendable in blocks of 5 years indefinitely.
- With Contribution: Submit Form H within 1 year of maturity to keep investing.
- Without Contribution: Default mode; the balance continues earning government interest tax-free.
Frequently Asked Questions (FAQs)
What is the minimum and maximum deposit limit in PPF?
The minimum investment required to keep a PPF account active is ₹500 per financial year. The maximum allowable investment is ₹1,50,000 per financial year across all accounts (including minor child accounts).
Can I take a loan or make partial withdrawals from my PPF?
Yes. A loan can be availed between the 3rd and 6th financial year (up to 25% of the balance at the end of the 2nd preceding year). Partial tax-free withdrawals are permitted from the 7th financial year onwards (up to 50% of the account balance).
Is PPF interest taxable under the New Tax Regime?
While the Section 80C investment deduction is not available under the New Tax Regime, the interest earned and final maturity corpus of PPF remain 100% tax-free under both the Old and New Tax Regimes.