* Minimum lock-in period for PPF is 15 years.
Maturity Amount
The Public Provident Fund (PPF) is one of India's most popular government-backed saving schemes. It offers safety with attractive interest rates and returns that are fully tax-exempt. With a mandatory lock-in period of 15 years, it is an excellent tool for building a long-term retirement corpus. Our PPF Calculator helps you estimate the maturity value of your investment based on your annual contribution and the current interest rate, helping you plan your financial future with confidence.
Backed by the Central Government of India, making it one of the safest investments.
Exempt-Exempt-Exempt: Investment, Interest, and Maturity amount are all tax-free.
Interest is compounded annually, which significantly boosts corpus over 15+ years.
You can avail of a loan against your PPF balance from the 3rd to the 6th financial year.
After 15 years, you can extend your account in blocks of 5 years indefinitely.
The minimum investment required to keep a PPF account active is ₹500 per financial year. The maximum investment allowed under Section 80C is ₹1.5 Lakhs per financial year.
Partial withdrawals are allowed from the 7th financial year onwards. However, full withdrawal is only possible upon maturity after 15 years, unless closed prematurely under specific medical grounds (allowed after 5 years).
The PPF interest rate is determined by the Ministry of Finance, Government of India. It is reviewed and announced on a quarterly basis.
No, an individual can open only one PPF account in their name. However, you can open another account on behalf of a minor child as a guardian, but the combined limit for tax deduction remains ₹1.5 Lakhs.
