What is the maximum and minimum deposit in a PPF account?

The minimum deposit required is ₹500 per financial year, and the maximum deposit allowed is ₹1,50,000 per financial year. Deposits can be made in lump sums or in multiple monthly installments.

Can I extend my PPF account after the 15-year maturity?

Yes. You can extend your PPF account indefinitely in blocks of 5 years at a time. The extension can be done with fresh contributions (by submitting Form H) or without making any new contributions (which continues to earn interest on the balance).

Can I withdraw money prematurely from PPF?

Yes, partial withdrawals are allowed starting from the 7th financial year. The maximum withdrawal amount is limited to 50% of the account balance at the end of the 4th preceding year or the preceding year, whichever is lower.

Can I take a loan against my PPF account balance?

Yes. Loans are available between the 3rd and 6th financial year of opening the account. The loan amount is capped at 25% of the balance at the end of the second preceding financial year.

Is PPF better than EPF or NPS?

PPF offers guaranteed risk-free returns with EEE tax status, making it highly secure. EPF offers slightly higher rates but is limited to salaried employees. NPS is equity-linked and carries market risks, although it can generate higher returns over the long term.

PPF Calculator (Public Provident Fund)

PPF Calculator – Public Provident Fund Calculator Guide

The Public Provident Fund (PPF) is a popular long-term savings scheme established by the National Savings Institute of the Ministry of Finance in 1968. Aimed at mobilizing small savings, it offers high tax benefits, competitive guaranteed returns, and complete safety of capital, backed by the central government.

An online PPF calculator enables investors to accurately map out their 15-year maturity targets, calculating exactly how their regular annual deposits compile and compound interest over the lock-in period.

How can a PPF calculator help you?

Since the PPF account carries a mandatory maturity period of 15 years, estimating long-term growth is critical. A PPF calculator helps you:

Calculate Compound Interest: PPF interest is compounded annually. Our tool automatically processes these complex calculations over 15 to 50 years instantly.
Plan Extensions: Simulate extending your account in blocks of 5 years to check the compounding impact of another 5, 10, or 15 years on your retirement corpus.
Maximize Tax Benefits: Map deposits up to the maximum limit of ₹1,50,000 per financial year to claim full tax benefits.

Formula for PPF Calculation

The mathematical formula used to calculate PPF maturity balance is:

M = P × [ ( (1 + r)ⁿ - 1 ) / r ] × (1 + r)

Where:

M = Maturity value at the end of the tenure
P = Annual deposit amount made
r = Annual interest rate (expressed as decimals, e.g., 7.1% = 0.071)
n = Repayment tenure in years (usually 15 years)

Note: PPF interest is calculated monthly based on the lowest balance in your account between the 5th and the last day of the month, and is credited to your account at the end of every financial year (March 31st).

Understanding EEE Tax Benefits

The most appealing feature of a PPF account is its **EEE (Exempt-Exempt-Exempt)** tax status:

Exempt (Stage 1 - Principal): Contributions made up to ₹1,50,000 annually are fully deductible from taxable income under Section 80C.
Exempt (Stage 2 - Interest): The annual interest earned on the balance is completely exempt from income tax.
Exempt (Stage 3 - Maturity): The final maturity corpus withdrawn after 15 years is 100% tax-free.

PPF Calculator – Public Provident Fund Calculator Guide

How can a PPF calculator help you?

Since the PPF account carries a mandatory maturity period of 15 years, estimating long-term growth is critical. A PPF calculator helps you:

Calculate Compound Interest: PPF interest is compounded annually. Our tool automatically processes these complex calculations over 15 to 50 years instantly.
Plan Extensions: Simulate extending your account in blocks of 5 years to check the compounding impact of another 5, 10, or 15 years on your retirement corpus.
Maximize Tax Benefits: Map deposits up to the maximum limit of ₹1,50,000 per financial year to claim full tax benefits.

Formula for PPF Calculation

The mathematical formula used to calculate PPF maturity balance is:

M = P × [ ( (1 + r)ⁿ - 1 ) / r ] × (1 + r)

Where:

M = Maturity value at the end of the tenure
P = Annual deposit amount made
r = Annual interest rate (expressed as decimals, e.g., 7.1% = 0.071)
n = Repayment tenure in years (usually 15 years)

Understanding EEE Tax Benefits

The most appealing feature of a PPF account is its **EEE (Exempt-Exempt-Exempt)** tax status:

Exempt (Stage 1 - Principal): Contributions made up to ₹1,50,000 annually are fully deductible from taxable income under Section 80C.
Exempt (Stage 2 - Interest): The annual interest earned on the balance is completely exempt from income tax.
Exempt (Stage 3 - Maturity): The final maturity corpus withdrawn after 15 years is 100% tax-free.

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PPF Calculator

Formula

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Benefits

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