💰 PPF Calculator for Post Office 💸
Calculate your Public Provident Fund returns with our accurate and easy-to-use calculator. Plan your tax-free savings today!
PPF Calculation Inputs
💡 PPF Investment Tips
- Invest before the 5th of each month to earn interest for that month
- Maximum investment limit is ₹1.5 lakh per financial year
- PPF accounts can be extended indefinitely in blocks of 5 years after maturity
Your PPF Returns
📈 PPF Growth Over Time
Your investment grows tax-free with compounding interest. The longer you stay invested, the more you benefit from the power of compounding.
📚 What is PPF (Public Provident Fund)?
The Public Provident Fund (PPF) is a popular long-term savings scheme backed by the Government of India. It offers attractive interest rates and returns that are completely tax-free under Section 80C of the Income Tax Act.
Key Features of PPF:
- Tax Benefits: Investments up to ₹1.5 lakh per year qualify for deduction under Section 80C. Interest earned and maturity amount are completely tax-free.
- Tenure: 15 years (extendable in blocks of 5 years)
- Minimum Investment: ₹500 per year
- Maximum Investment: ₹1.5 lakh per year
- Current Interest Rate: 7.1% per annum (compounded yearly)
- Risk-Free: Backed by the Government of India
Who Should Invest in PPF?
PPF is ideal for:
- Salaried individuals looking for tax-saving options
- Parents planning for children’s future
- Conservative investors who want guaranteed returns
- Anyone building a retirement corpus
❓ PPF Frequently Asked Questions
As of the latest update, the PPF interest rate is 7.1% per annum (compounded yearly). The government reviews and revises PPF interest rates every quarter.
Partial withdrawals are allowed from the 7th financial year onwards, subject to certain conditions. You can withdraw up to 50% of the balance at the end of the 4th preceding year or the year immediately preceding the year of withdrawal, whichever is lower.
At maturity (after 15 years), you have three options:
- Withdraw the entire amount
- Extend the account indefinitely in blocks of 5 years with or without further contributions
- Extend the account and continue making contributions
No, an individual can have only one PPF account in their name. However, you can open separate accounts for minors where you act as the guardian.
PPF has several advantages over FD:
- Tax-free returns (FD interest is taxable)
- Higher effective returns due to tax benefits
- Government backing makes it virtually risk-free
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