PPF Calculator

Estimate your Public Provident Fund maturity amount

Max ₹1,50,000 per year

Minimum 15 years, extendable in blocks of 5

Current government rate: 7.1% (as of 2024)

Total Invested: ₹0.00
Interest Earned: ₹0.00
Maturity Value: ₹0.00

What is PPF?

The Public Provident Fund (PPF) is a long-term savings scheme backed by the Government of India. It offers guaranteed, tax-free returns and falls under the EEE (Exempt-Exempt-Exempt) tax category — contributions, interest earned, and maturity amount are all tax-free.

PPF Highlights

  • Lock-in period: 15 years (extendable in 5-year blocks)
  • Minimum deposit: ₹500/year | Maximum: ₹1,50,000/year
  • Tax benefit under Section 80C (up to ₹1.5 lakh)
  • Interest compounded annually, credited at year-end
  • Partial withdrawal allowed from 7th year
  • Loan facility available from 3rd to 6th year

Frequently Asked Questions

Can I open more than one PPF account?

No, an individual can hold only one PPF account. A second account can be opened in a minor child's name.

When should I deposit to maximise interest?

Deposit before the 5th of every month. PPF interest is calculated on the lowest balance between the 5th and end of month.

Is PPF better than FD?

PPF offers tax-free returns and government backing, making it ideal for long-term savings. FD offers more flexibility in tenure but interest is taxable.