PPF Calculator

About Public Provident Fund (PPF)

The Public Provident Fund (PPF) is a long-term savings scheme introduced by the Government of India. It offers a combination of safety, returns, and tax benefits, making it a popular investment option among individuals looking for secure savings.

Key Features of PPF

• **Tenure**: The minimum lock-in period is 15 years, which can be extended in blocks of 5 years.
• **Interest Rate**: The interest rate is set by the government and changes periodically.
• **Tax Benefits**: Investments, interest earned, and maturity amounts are all tax-free under Section 80C of the Income Tax Act.
• **Minimum Investment**: ₹500 per year.
• **Maximum Investment**: ₹1.5 lakh per year.

PPF is ideal for individuals looking for long-term savings with stable and assured returns.

PPF Calculator

Initial Deposit (₹): Annual Deposit (₹): Interest Rate (%): Tenure (Years): Calculate

Frequently Asked Questions (FAQs)

1. What is the current PPF interest rate?

The PPF interest rate is determined by the Government of India and is revised quarterly. Check with official sources for the latest rate.

2. Can I withdraw funds from my PPF account before maturity?

Partial withdrawals are allowed after 6 years. Full withdrawal is allowed only after the maturity of 15 years.

3. Is the PPF maturity amount taxable?

No, the PPF maturity amount is completely tax-free, including the interest earned.