PPF Calculator (Public Provident Fund)
Compute your 15-year maturity wealth, guaranteed compounding interest, and 100% tax-free returns under the Government of India's Public Provident Fund scheme.
Deposit Parameters
Official Ministry of Finance rate is 7.1% p.a., reviewed quarterly and compounded annually.
PPF interest is credited on 31st March but calculated on the lowest balance between the 5th and the end of each month. Always deposit on or before the 5th of the month (or before April 5th for lumpsum) to gain 1 full additional month of interest every year!
Triple Tax Exemption (EEE Status)
Every ₹1.5 Lakhs invested saves you up to ₹46,800 in annual income tax under Section 80C (Old Regime). The accrued interest and maturity proceeds remain 100% tax-free for life.
Year-by-Year PPF Account Ledger
Detailed statutory ledger detailing opening balances, annual deposits, interest credited, and closing balances.
| Financial Year | Opening Balance | Deposit Made | Interest Credited (31 March) | Closing Balance | Withdrawal / Loan Eligibility |
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PPF vs Mutual Fund ELSS vs Bank Fixed Deposit
A comparative analysis of popular Section 80C wealth options under Indian tax laws.
Public Provident Fund (PPF)
Zero Risk • Sovereign| Lock-in Period | 15 Years (Partial withdrawals after 6 yrs) |
| Returns / Interest | 7.1% p.a. (Govt Guaranteed) |
| Tax on Deposit | Exempt under 80C (up to ₹1.5L) |
| Tax on Interest | 100% Tax-Free (Exempt) |
| Tax on Maturity | 100% Tax-Free (Exempt) |
| Safety Level | Sovereign Guarantee (100% Safe) |
Tax Saver ELSS Mutual Funds
Market Linked • Growth| Lock-in Period | 3 Years (Shortest lock-in for 80C) |
| Returns / Interest | 12% - 15% (Historical CAGR, Market-linked) |
| Tax on Deposit | Exempt under 80C (up to ₹1.5L) |
| Tax on Interest | Dividends taxed at slab rate |
| Tax on Maturity | LTCG taxed at 12.5% on gains > ₹1.25L |
| Safety Level | Market Risk (Equity Equities) |
Public Provident Fund (PPF) FAQs
Essential guidance on rules, tax deductions, extensions, and premature closures.
If the minimum ₹500 is not deposited in any financial year, the PPF account becomes inactive (discontinued). It can be easily revived by paying a nominal penalty fee of ₹50 per defaulted year along with the minimum deposit of ₹500 for each lapsed year.
A loan facility is accessible from the 3rd financial year up to the 6th financial year (capped at 25% of the balance at the end of the 2nd preceding FY). Partial withdrawals are permitted starting from the 7th financial year onwards (capped at 50% of the eligible balance) without attracting any tax liability.
Under current Government of India regulations, only resident Indian individuals can open a new PPF account (either in their own name or on behalf of a minor). HUFs and NRIs cannot open new PPF accounts. However, if a resident Indian becomes an NRI after opening an account, they can continue it till maturity on a non-repatriable basis.