PPF Calculator Public Provident Fund
India's Most Popular Tax-Free Investment Scheme
Calculate your PPF returns, plan your long-term savings, and build a secure future with guaranteed returns and tax benefits under EEE status.
PPF Calculator
Public Provident Fund Planner
Minimum: ₹500, Maximum: ₹1,50,000 per year
Minimum tenure: 15 years (extendable in blocks of 5 years)
Current rate: 7.1% p.a. (Q4 FY 2024-25)
💡 Tip: The current PPF interest rate is 7.1% p.a. (Q4 FY 2024-25). Rate is revised quarterly by the Government of India.
Understanding PPF (Public Provident Fund)
What is PPF?
- Long-term savings scheme backed by Government of India
- Offers guaranteed returns with complete safety
- Available to all Indian residents including minors
- Can be opened at post offices and authorized banks
Key Features
- Minimum: ₹500 per year, Maximum: ₹1,50,000 per year
- Lock-in Period: 15 years (extendable in blocks of 5 years)
- Interest Rate: 7.1% p.a. (revised quarterly by Govt.)
- Interest compounded annually
Tax Benefits (EEE Status)
Deposit up to ₹1.5L deductible under Section 80C
Interest earned is completely tax-free
Maturity amount is entirely tax-free
Withdrawal Rules
- Partial Withdrawal: Allowed from 7th year onwards
- Up to 50% of balance at end of 4th year
- Loan: Available from 3rd to 6th year
- Premature closure allowed in specific cases only
Important Points
- Only one account per individual
- Minimum deposit must be made each year
- Account becomes inactive if minimum not deposited
- Can be revived by paying dues with penalty
Why Choose PPF?
Backed by Government of India
EEE - Best tax treatment available
Better than most fixed deposits
Builds wealth through discipline
Borrow against your balance
Ideal for retirement planning
Why Our PPF Calculator Stands Out
Year-by-Year Growth
See detailed year-wise breakdown of your PPF account showing principal, interest earned, and total balance for all 15 years with extension options clearly explained.
Current Interest Rates
Uses the latest PPF interest rate (7.1% p.a. as of Q4 FY 2024-25) with information about quarterly revisions by the Government of India for accurate projections.
Tax Benefit Insights
Clear visualization of EEE (Exempt-Exempt-Exempt) tax benefits showing deductions under Section 80C and completely tax-free maturity amount for smart planning.
How to Use the PPF Calculator
Enter Annual Investment Amount
Input how much you plan to deposit yearly (minimum ₹500, maximum ₹1,50,000). You can deposit in lumpsum or multiple installments throughout the year.
Select Investment Period
Choose 15 years (minimum lock-in) or extend in blocks of 5 years. The longer you stay invested, the more you benefit from compound interest.
Set Current Interest Rate
Use the current PPF rate of 7.1% or adjust if planning for future. Remember, rates are revised quarterly and compounded annually on March 31st.
Review Your Maturity Value
See total investment, interest earned, and maturity amount (100% tax-free). Use the year-wise breakdown to understand growth pattern over time.
Frequently Asked Questions
What is the current PPF interest rate?
The current PPF interest rate is 7.1% per annum (as of Q4 FY 2024-25). The rate is revised quarterly by the Government of India based on government securities yields. Interest is compounded annually and credited to your account on March 31st each year.
Can I deposit more than ₹1.5 lakh per year in PPF?
No, the maximum annual contribution limit is ₹1,50,000 per financial year. Any amount deposited above this limit will not earn interest and will be returned. If you want to invest more, consider opening PPF accounts for your spouse or minor children.
When can I withdraw from my PPF account?
Partial withdrawal is allowed from the 7th financial year onwards (after completing 6 years). You can withdraw up to 50% of the balance at the end of 4th preceding year. Full withdrawal is allowed after 15 years of account maturity. Loans are available from 3rd to 6th year.
What happens if I don't deposit the minimum amount in a year?
If you don't deposit the minimum ₹500 in a financial year, your account becomes inactive. You'll need to pay a penalty of ₹50 per year along with the minimum subscription amount (₹500) to revive it. Interest will still be credited on the inactive account balance.
Can I extend my PPF account after 15 years?
Yes, you can extend your PPF account in blocks of 5 years indefinitely after the initial 15-year period. You can choose to extend with or without making fresh contributions. Extension must be applied within one year of maturity.
Is PPF better than FD for long-term savings?
PPF generally offers better returns than most bank FDs, especially when you consider the tax benefits. PPF has EEE status (tax-free at entry, accrual, and exit), while FD interest is taxable. PPF is ideal for long-term goals like retirement, whereas FDs offer more liquidity for shorter durations.
Disclaimer
This calculator provides estimates based on the inputs provided and current PPF rules. Actual PPF balance may vary based on changes in interest rates over time, actual deposits made, withdrawals, or changes in PPF regulations. For official PPF balance and statements, please check your PPF passbook or visit the nearest post office/bank where your PPF account is held. Interest rates are subject to quarterly revision by the Government of India.