Interest Rate
7.1% p.a.
Min Tenure
15 Years
Min / Year
₹500
Max / Year
₹1,50,000
Tax Status
EEE
Backed By
Govt of India
PPF Calculator
Six calculators in one — maturity, goal planner, withdrawal, loan, revival penalty and scheme comparison. The interest rate is auto-detected from today's financial year and can be overridden. Charts and reports download in ASLI FORM branding.
Auto rate
% p.a.
Auto-filled from FY. Editable.
Years
Min 15; extendable in 5-yr blocks.
Start-of-year maximises interest.
80C benefit is Old-regime only.
For 80C tax-savings estimate.
%
Health & education cess (default 4%).
%
Used to inflation-adjust maturity.
₹
Per the frequency selected below.
Monthly is converted to a yearly total.
%/yr
Increase contribution each year.
₹
The maturity you want.
%/yr
Growing-annuity supported.
₹
Yr
Allowed from the 7th year.
₹
Auto-capped at 50% of the 4th-preceding-year balance.
₹
Yr
Allowed 3rd–6th year only.
Yrs
Years with no ₹500 minimum deposit.
₹
PPF (auto rate) vs Bank FD, NPS, ELSS & EPF using indicative rates. Non-PPF figures are market-linked estimates.
PPF Maturity Formula
Year-by-Year Breakdown
| Year | Opening | Deposit | Interest | Withdrawal | Closing |
|---|
PPF Terms & Conditions
- Minimum tenure 15 years from account opening; extendable in 5-year blocks.
- Minimum ₹500/year, maximum ₹1.5 lakh/year; lump sum or up to 12 instalments.
- Interest compounded annually, credited on 31 March; computed on the lowest balance between the 5th and the last day of each month.
- Interest rate revised quarterly by the Government of India; this tool auto-detects the rate for the active financial year and forward-fills future years (marked latest-known).
- EEE tax status: deduction u/s 80C, interest tax-free, maturity exempt u/s 10(10A). 80C is available only in the Old Regime.
- Partial withdrawal from the 7th year (≤50% of the 4th-preceding-year balance, once a year).
- Loan from the 3rd to 6th year (≤25% of the 2nd-preceding-year balance, at PPF rate + 1%, 36-month repayment).
- One PPF account per individual (minor accounts separate); NRIs cannot open new accounts.
- Results are estimates; actual amounts may vary slightly due to rounding, deposit timing and rate changes.
PPF Features & Benefits
Public Provident Fund is one of India's most popular long-term, tax-free, government-backed savings schemes.
- Tax-Free Returns (EEE)Investment (80C), interest and maturity are all tax-exempt.
- Sovereign GuaranteeBacked by the Government of India — zero default risk.
- Compounding PowerAnnual compounding over 15+ years builds a large corpus.
- Flexible Contributions₹500 to ₹1.5 lakh/year, lump sum or instalments, with optional step-up.
- Loan & WithdrawalLiquidity via loan (3rd–6th yr) and partial withdrawal (from 7th yr).
- Extendable TenureExtend in 5-year blocks after maturity, with or without contributions.
- Nomination & TransferEasy nomination (Form E) and free transfer between bank/post office.
- Attachment ProtectionBalance is generally not attachable by court orders (except tax recovery).
PPF Tax Benefits — EEE Explained
PPF's Exempt-Exempt-Exempt status makes it one of the most tax-efficient instruments in India.
- Investment — Section 80CUp to ₹1.5 lakh/year reduces taxable income (Old Regime only).
- Interest — Tax-FreeNo tax and no TDS on interest earned.
- Maturity — Section 10(10A)Entire maturity (principal + interest) is tax-exempt.
- Tax Saved (30% + 4% cess)₹1.5 lakh saves ≈ ₹46,800/year; ≈ ₹7.02 lakh over 15 years.
- New Regime80C deduction is not available; interest & maturity remain tax-free.
PPF vs Other Schemes
| Feature | PPF | Bank FD | NPS | ELSS | EPF |
|---|---|---|---|---|---|
| Return | 7.1% | ~6.5–7.5% | ~9–12% (market) | ~12–15% (market) | ~8.15% |
| Tenure | 15 yr | 1–10 yr | Till 60 | 3 yr lock-in | Till retirement |
| Tax | EEE | Interest taxable | EEE (partial) | LTCG 12.5% >₹1.25L | EEE |
| Risk | Zero (sovereign) | Very low | Moderate | High (equity) | Very low |
| Liquidity | Low (15 yr) | Moderate | Low | Moderate | Low |
| Best For | Tax-free long-term | Short-term | Retirement | High growth | Salaried |
PPF Interest Rate History
Rates are revised quarterly. The active financial year (auto-detected) is highlighted. Figures are representative annual values.
| Financial Year | Rate (p.a.) |
|---|
Rules, Withdrawal, Loan & NRI
- Deposits₹500–₹1.5L/year; missing ₹500 makes the account inactive (revival ₹500 + ₹50 penalty per year).
- Partial WithdrawalFrom 7th year; ≤50% of the 4th-preceding (or preceding) year-end balance; once per year.
- Loan3rd–6th year; ≤25% of 2nd-preceding year-end balance; rate = PPF + 1%; 36-month repayment.
- Premature ClosureAfter 5 years only for serious illness, higher education, or change to NRI status.
- NRICannot open new accounts; may continue an existing resident account to maturity (no extension), via NRO.
- HUF / Multiple AccountsHUFs cannot open PPF; only one account per individual (minor accounts separate).
Frequently Asked Questions
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