Public Provident Fund (PPF) Calculator
Calculate your PPF maturity amount and tax benefits with our comprehensive PPF calculator. 15-year investment planning with visual charts.
Public Provident Fund (PPF) Calculator
About This Calculator
Public Provident Fund (PPF) is a long-term savings scheme backed by the Government of India. It offers attractive interest rates with complete tax exemption under EEE (Exempt-Exempt-Exempt) status.
Our PPF calculator helps you plan your 15-year investment journey, calculate maturity amount, and understand the tax benefits you can avail.
PPF Key Features:
- Lock-in Period: 15 years (extendable in blocks of 5 years)
- Investment Limit: Minimum ₹500, Maximum ₹1,50,000 per year
- Interest Rate: Currently 7.1% per annum (reviewed quarterly)
- Tax Benefits: Deduction under Section 80C
- Tax-free Returns: Interest and maturity amount are tax-free
PPF Benefits:
- Triple Tax Benefit: Investment, interest, and maturity are tax-free
- Partial Withdrawal: Allowed from 7th year onwards
- Loan Facility: Available from 3rd to 6th year
- Government Backing: Sovereign guarantee
- Nomination: Facility available
Features:
- 15-year investment planning
- Tax savings calculation
- Visual growth chart
- Yearly breakdown analysis
- Shareable calculation links
Frequently Asked Questions
What is PPF account?
PPF (Public Provident Fund) is a long-term savings scheme backed by the Government of India. It offers a combination of safety, attractive returns, and tax benefits. PPF has a 15-year lock-in period and can be extended in blocks of 5 years after maturity.
What is the current PPF interest rate?
The current PPF interest rate is 7.1% per annum (as of 2026). The rate is reviewed quarterly by the government and can change. Interest is calculated monthly on the lowest balance between the 5th and last day of each month, and credited annually on March 31st.
How much can I invest in PPF per year?
You can invest a minimum of ₹500 and a maximum of ₹1,50,000 per financial year in your PPF account. You can make deposits in lump sum or in installments (maximum 12 per year). Excess contributions above ₹1.5 lakh don't earn interest and are not eligible for tax benefits.
Is PPF better than FD?
PPF offers better post-tax returns than FD for most investors due to its EEE (Exempt-Exempt-Exempt) tax status. While FD interest is taxable, PPF interest is completely tax-free. However, PPF has a 15-year lock-in whereas FDs offer more liquidity. For long-term wealth building, PPF is generally better.
Can I withdraw money from PPF before maturity?
Partial withdrawals are allowed from the 7th financial year onwards. You can withdraw up to 50% of the balance at the end of the 4th preceding year or the preceding year, whichever is lower. One withdrawal per year is permitted. Premature closure is allowed only in specific cases like serious illness or higher education.
Is PPF interest taxable?
No, PPF interest is completely tax-free. PPF enjoys EEE (Exempt-Exempt-Exempt) status, meaning: 1) Investment up to ₹1.5 lakh/year is deductible under Section 80C, 2) Interest earned is tax-free, 3) Maturity amount is tax-free. This makes PPF one of the most tax-efficient investment options in India.
What happens to PPF after 15 years?
After the 15-year maturity period, you have three options: 1) Withdraw the entire maturity amount, 2) Extend the account for 5 years without fresh contributions, 3) Extend for 5 years with continued contributions. The extension option can be exercised indefinitely in blocks of 5 years.
Can I have two PPF accounts?
No, an individual can hold only one PPF account in their name. Opening multiple PPF accounts is not permitted and the second account will be deactivated. However, you can open a PPF account for your minor child as guardian. The combined investment limit for self and minor child is still ₹1.5 lakh per year.
Is PPF a good investment?
PPF is an excellent investment for conservative investors seeking safe, tax-free returns. It's ideal for retirement planning, children's education, or building a tax-efficient corpus. The 15-year lock-in enforces discipline, and the sovereign guarantee makes it completely safe. For investors with higher risk appetite, equity mutual funds may offer better returns.
Can I take loan against PPF?
Yes, you can avail a loan against your PPF balance from the 3rd financial year to the 6th financial year. The loan amount is limited to 25% of the balance at the end of the 2nd preceding year. The interest rate on such loans is typically 1% higher than the PPF interest rate. The loan must be repaid within 36 months.