PPF Calculator

Calculate returns on your Public Provident Fund

15-year lock-in ยท Tax-free returns ยท Government-backed

Investment Details

Max โ‚น1,50,000/year under Section 80C
Current govt rate: 7.1% p.a. (FY 2024-25)
Min 15 years (lock-in period)

Results

Maturity Amount
โ‚น0.00
Total Invested
โ‚น0.00
Interest Earned
โ‚น0.00
Tax Savings (80C)
โ‚น0
Invested vs Interest
โ— Investedโ— Interest

Formula

FV = P ร— [(1+r)^n - 1] / r ร— (1+r) (annual compounding)

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Frequently Asked Questions

What is PPF?

Public Provident Fund (PPF) is a government-backed savings scheme in India with a 15-year lock-in period. It offers tax-free returns under Section 80C and is one of the most popular long-term savings instruments in India.

What is the current PPF interest rate?

The PPF interest rate is set by the government and is currently 7.1% per annum (as of 2024-25). The rate is compounded annually and revised quarterly by the government.

What is the maximum amount I can invest in PPF?

The maximum investment in PPF is โ‚น1,50,000 per financial year. You can invest in a lump sum or in up to 12 installments. The minimum investment is โ‚น500 per year.

Is PPF tax-free?

Yes, PPF offers EEE (Exempt-Exempt-Exempt) tax benefits. The investment qualifies for deduction under Section 80C (up to โ‚น1.5 lakh), the interest earned is tax-free, and the maturity amount is also tax-free.

Can I withdraw from PPF before 15 years?

Partial withdrawals are allowed from the 7th year onwards (once per year). Complete closure is allowed after 15 years. You can also take a loan against your PPF balance from the 3rd to 6th year.

What happens after PPF matures?

After 15 years, you can either withdraw the full amount, extend the account for another 5 years (with or without contributions), or a combination of both. Extension with contributions allows continued tax benefits.