PPF Calculator
Calculate your Public Provident Fund maturity amount, returns & tax benefits instantly
Interest Calculation
PPF interest is compounded annually and credited on 31st March
Interest is calculated on lowest balance between 5th and last day of month
Triple Tax Benefits (EEE)
Your PPF Returns
Complete all steps to calculate your PPF maturity amount
Everything You Need to Know About PPF
Smart PPF Investment Tips
- Invest before 5th of every month to maximize interest earnings
- Lump sum investment in April gives best returns due to full year interest
- PPF + EPF combined should not exceed ₹1.5 lakh for 80C benefits
- Consider 5-year extension blocks after 15 years for continued tax-free growth
- Partial withdrawals allowed from 7th year - use wisely for emergencies
- Loan facility available from 3rd to 6th year at just 1% above PPF rate
- PPF account can be opened for minors - great for child's education planning
- Account remains active even with minimum ₹500 annual contribution
Understanding PPF
What is PPF? Public Provident Fund is a government-backed savings scheme offering guaranteed returns with EEE tax benefits - making it one of India's most popular long-term investment options.
Maturity Calculation:
M = P × [(1 + r)^n - 1] / r × (1 + r)
Where P = Yearly deposit, r = Interest rate, n = Number of years
Key Features: 15-year lock-in period, current interest rate of 7.1% p.a., minimum ₹500 and maximum ₹1.5 lakh annual investment, complete tax exemption on investment, interest, and maturity.
Extension Options: After 15 years, extend in 5-year blocks with or without further contributions. Extension with contribution allows continued deposits and full benefits.
Frequently Asked Questions
When should I invest in PPF for maximum returns?
Invest before the 5th of each month, ideally in April (start of financial year). The interest is calculated on the lowest balance between 5th and last day of the month. April investment earns interest for the full year.
Can I withdraw money before 15 years?
Partial withdrawals are allowed from the 7th year onwards. You can withdraw up to 50% of the balance at the end of the 4th preceding year or the end of the preceding year, whichever is lower.
What happens after 15 years of PPF maturity?
You can: 1) Withdraw the entire amount tax-free, 2) Extend for 5-year blocks with contributions, 3) Extend without contributions but with withdrawal facility, or 4) Keep it active with minimum ₹500/year contribution.
Is PPF better than FD or other investments?
PPF offers EEE tax benefits unlike FDs. With 7.1% tax-free returns, it's equivalent to 10%+ pre-tax returns for 30% tax bracket. It's ideal for risk-free, long-term wealth creation with sovereign guarantee.
Can I have multiple PPF accounts?
No, only one PPF account is allowed per person. However, you can open PPF accounts for your minor children as their guardian. The second account, if opened, will not earn interest and may attract penalties.
What is the loan facility in PPF?
You can avail loans from 3rd to 6th year. Loan amount is 25% of balance at end of 2nd preceding year. Interest rate is PPF rate + 1%. Loan must be repaid within 36 months to avoid additional interest.
Complete PPF Investment Guide
Master the Public Provident Fund scheme for secure, tax-free wealth creation
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