PPF (Public Provident Fund) is a long-term savings scheme offered by the Government of India with tax benefits. It has a 15-year lock-in period and offers tax-free returns. Minimum investment is ₹500 and maximum is ₹1.5 lakh per financial year.

What is the current PPF interest rate?

The PPF interest rate is reviewed quarterly by the government. As of recent updates, it typically ranges between 7-7.5% per annum, compounded annually. The rate is subject to government review and may change based on market conditions.

What are the tax benefits of PPF?

PPF offers triple tax benefits: Contributions qualify for deduction under Section 80C (up to ₹1.5 lakh), interest earned is tax-free, and maturity amount is completely tax-free. PPF is one of the most tax-efficient investment options in India.

Can I extend my PPF account?

Yes, you can extend your PPF account in blocks of 5 years after the initial 15-year period. You can continue investing and earning tax-free returns. Extension can be done with or without contributions.

What is the difference between PPF and FD?

PPF has a 15-year lock-in with tax-free returns and Section 80C benefits, while FD has flexible tenure (1-10 years) but interest is taxable. PPF offers higher post-tax returns for high-income individuals, while FD offers liquidity and flexibility.

How much can I invest in PPF?

You can invest a minimum of ₹500 and maximum of ₹1.5 lakh per financial year in PPF. You can make up to 12 contributions per year. The investment can be made in lump sum or installments throughout the year.

Can I withdraw from PPF before maturity?

Partial withdrawals are allowed from the 7th financial year onwards, up to 50% of the balance at the end of the 4th year or the year immediately preceding the withdrawal year, whichever is lower. Only one withdrawal per year is allowed.

PPF Calculator

Calculate your Public Provident Fund (PPF) maturity amount and returns. PPF is a long-term investment scheme with tax benefits.

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PPF Details

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PPF Growth

Returns vs Invested

Year-wise Breakdown

Year	Opening Balance	Annual Deposit	Interest	Closing Balance

What is a PPF Calculator?

A PPF (Public Provident Fund) calculator is a financial tool that helps you estimate the maturity amount and returns on your PPF investments. PPF is a long-term savings scheme backed by the Government of India, offering tax benefits and guaranteed returns. The calculator shows year-wise growth, total interest earned, and helps you plan your investments to achieve financial goals.

Our PPF calculator provides detailed breakdowns including opening balance, annual deposits, interest earned each year, and closing balance. It helps you understand how your PPF account grows over the 15-year lock-in period and plan your investments accordingly.

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PPF Calculator India

Our PPF calculator is designed specifically for Indian investors, using the current PPF interest rate (typically 7-7.5% per annum, subject to government review). It helps you calculate returns on your Public Provident Fund account, which is one of the most popular long-term savings instruments in India due to its tax benefits and safety.

PPF Interest Rate 2024

The PPF interest rate is set by the Government of India and reviewed quarterly. As of 2024, the PPF interest rate is typically around 7.1% per annum. This rate is:

Compounded annually
Guaranteed by the government
Tax-free on maturity
Generally higher than fixed deposits

PPF Maturity Calculator

Our calculator shows the maturity amount after the 15-year lock-in period. You can extend the PPF account in blocks of 5 years after maturity. The calculator helps you see how much wealth you can accumulate through disciplined annual investments in PPF, making it ideal for retirement planning, children's education, or other long-term financial goals.

PPF Tax Benefits

PPF offers triple tax benefits under the Income Tax Act:

Investment (Section 80C): Up to ₹1.5 lakh deduction from taxable income
Interest: Interest earned is completely tax-free
Maturity: Entire maturity amount including interest is tax-free

This makes PPF one of the most tax-efficient investment options in India, especially for individuals in higher tax brackets.

PPF vs Fixed Deposit

PPF Advantages:

Tax-free interest and maturity
Tax deduction under Section 80C
Long-term wealth creation (15+ years)
Government-backed, very safe

Fixed Deposit Advantages:

Flexible tenure (1-10 years)
Can withdraw before maturity (with penalty)
Higher interest rates for longer tenures
Interest taxable as per income slab

How Much to Invest in PPF?

The ideal PPF investment amount depends on:

Tax Planning: Invest up to ₹1.5 lakh to maximize Section 80C benefits
Financial Goals: Calculate required amount using our calculator
Affordability: Invest what you can consistently for 15 years
Portfolio Balance: PPF should be part of a diversified portfolio

Many investors invest ₹12,500 per month (₹1.5 lakh annually) to maximize tax benefits. Use our calculator to see how different investment amounts grow over time.

PPF Withdrawal Rules

PPF has specific withdrawal rules:

Partial Withdrawal: Allowed from 7th year onwards (up to 50% of balance)
Loan Against PPF: Available from 3rd to 6th year (up to 25% of balance)
Maturity: Full withdrawal after 15 years
Extension: Can extend in blocks of 5 years after maturity
Premature Closure: Only in specific medical or financial emergencies

About PPF (Public Provident Fund)

PPF is a long-term investment scheme backed by the Government of India. It offers tax benefits under Section 80C and provides a safe investment option with guaranteed returns.

Key Features

Minimum investment: ₹500 per year
Maximum investment: ₹1,50,000 per year
Lock-in period: 15 years (can be extended)
Tax benefits: Deduction under Section 80C
Interest is compounded annually
Interest earned is tax-free

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