PPF Calculator
Public Provident Fund (PPF) is a government-backed long-term savings scheme in India offering tax-free returns. Calculate how much your yearly deposits will grow over 15–25 years at the current PPF interest rate.
Frequently Asked Questions
What is the PPF lock-in period?+
PPF has a mandatory lock-in of 15 years. After maturity, you can extend in blocks of 5 years with or without fresh contributions. Partial withdrawals are allowed from the 7th year, subject to limits.
Is PPF interest tax-free?+
Yes. PPF enjoys EEE (Exempt-Exempt-Exempt) tax status in India — the contribution qualifies for deduction under Section 80C, the interest earned is completely tax-free, and the maturity amount is also tax-free.
What is the maximum amount I can invest in PPF?+
The maximum annual contribution is ₹1,50,000. The minimum is ₹500 per year. Contributions can be made in up to 12 instalments per year. Deposits above ₹1.5 lakh do not earn interest and are not eligible for 80C deduction.
Can I take a loan against my PPF?+
Yes. You can take a loan against your PPF balance from the 3rd year to the 6th year of the account. The loan amount is limited to 25% of the balance at the end of the 2nd year preceding the loan application.
How is PPF interest calculated?+
PPF interest is calculated on the lowest balance between the 5th and the last day of each month. This is why financial advisors recommend depositing PPF contributions before the 5th of April each year to maximize interest for that year.