PPF Calculator

Estimate the maturity value of your Public Provident Fund. Project your tax-free returns over the standard 15-year tenure or extend it further to build ultimate long-term wealth.

EEE Tax Exemption 15-Year Lock-in Smart Export

Contribution

₹
₹500 (Min)₹1.5L (Max)

The maximum tax-deductible limit under 80C is ₹1.5 Lakhs per year.

Years

PPF has a mandatory lock-in period of 15 years.

Growth Parameters

%
1%12%
Blocks (5 Yrs each)
07 blocks (35 Yrs)

Year-wise Projection

Year Opening Balance Annual Deposit Interest Earned Closing Balance

Key Scheme Guidelines

Tenure & Extension

  • Maturity: 15 Full Financial Years.
  • Extension: Indefinite blocks of 5 years.
  • Choice: Can extend with or without contributions.

Deposit Limits

  • Min deposit: ₹500 per year.
  • Max deposit: ₹1.5 Lakh per year.
  • Max installments: 12 per year.

Withdrawal & Loans

  • Loan: Available from 3rd to 6th year.
  • Withdrawal: Partial allowed after 6 years.
  • Premature closure: Only after 5 yrs for specific reasons.

Tax Efficiency (EEE)

  • Investment: Exempt under Section 80C.
  • Interest: Completely Tax-Free.
  • Maturity: Completely Tax-Free.

Understanding Public Provident Fund (PPF)

Introduced in 1968 by the National Savings Institute of the Ministry of Finance, the PPF remains India's premier tax-saving instrument.

EEE Status

Exempt-Exempt-Exempt! This means your annual deposit (up to ₹1.5L) is exempt from income tax, the interest you earn is exempt, and the entire maturity amount is utterly tax-free.

Investment Rules

A minimum of ₹500 and a maximum of ₹1,50,000 must be deposited into your PPF account each financial year to keep it active. Deposits can be a lumpsum or made in up to 12 installments.

The 15-Year Rule

The account matures after 15 full financial years. If opened on July 10, 2024, the 15-year period starts counting from April 1, 2025, maturing on March 31, 2040.

Extending the Account

Upon maturity, you can extend your account indefinitely in blocks of 5 years. You can choose to extend it "with contributions" or "without contributions" (where it continues to earn interest).

Safe & Secure Returns

PPF is backed by the Government of India, making it one of the safest investment options available. It is not market-linked, providing guaranteed returns and capital protection.

Loan & Partial Withdrawal

PPF provides liquidity through loans and partial withdrawals after a few years, helping you meet financial emergencies without closing your long-term retirement account.

Frequently Asked Questions

Clear all doubts regarding partial withdrawals, loans, and PPF taxation limits.

Can I withdraw my PPF money before 15 years?
Yes, partial withdrawals are allowed. You are permitted one withdrawal per financial year starting from the 7th financial year (after completing 6 years). The maximum withdrawal is capped at 50% of the balance at the end of the 4th preceding year or the immediate preceding year, whichever is lower.
Can I take a loan against my PPF balance?
Yes. You can avail of a loan against your PPF account between the 3rd and 6th financial years. The maximum loan amount is 25% of the balance present at the end of the second year immediately preceding the year you apply for the loan. The loan must be repaid within 36 months.
When is the best time to deposit money into a PPF account?
Between the 1st and 5th of the month. PPF interest is calculated monthly on the lowest balance recorded between the close of the 5th day and the end of the month. If you deposit after the 5th, you lose the interest for that specific month on that deposit.
Can I open multiple PPF accounts?
No. An individual can have only one PPF account under their name. However, you can open another PPF account on behalf of a minor child, but the combined maximum deposit limit for both accounts together remains ₹1.5 Lakhs per financial year for tax exemption purposes.
What happens if I forget to deposit money in a year?
If you fail to deposit the minimum ₹500 in a financial year, the account becomes 'discontinued'. You can reactivate it by paying a small penalty fee (usually ₹50 per year of default) along with the minimum deposit for each missed year.