Can I withdraw money from my PPF account before maturity?

Partial withdrawals are allowed from the 7th financial year onwards. You can withdraw up to 50% of the balance at the end of the 4th year preceding the year of withdrawal. Complete premature closure is only allowed under specific conditions like critical illness.

Can I have more than one PPF account?

No, an individual can only have one PPF account in their name across all banks and post offices. You can, however, open an account on behalf of a minor.

What happens after the 15-year maturity period?

Upon maturity, you have three options: 1) Withdraw the entire amount and close the account. 2) Extend the account in blocks of 5 years without making further contributions; your balance will continue to earn interest. 3) Extend the account in blocks of 5 years with new contributions.

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Financial Tools

PPF Calculator

Calculate your PPF returns and maturity amount.

PPF Calculator

Yearly Investment (₹)

Girl's Current Age

Investment Start Year

Interest Rate (% p.a.)

Note: Investment is for 15 years from account opening. The account matures after 21 years.

Adjust sliders or inputs to see the maturity value. Maximum yearly investment is INR 1,50,000.

Yearly Growth Projection

What is PPF?

Public Provident Fund (PPF) is a popular long-term savings scheme in India with tax benefits under Section 80C. It has a 15-year lock-in period with a guaranteed return.

How to use this tool

Enter
your yearly contribution in Annual Deposit.
Set
the investment duration (defaults to 15 years).
View
the total interest and maturity amount.

Tips for better results

Tax saver
eligible for 80C deduction.
15 year lock-in
extends in 5-year blocks.
Partial withdrawal
allowed from year 7.
Current rate
around 7.1% (check latest).

What is the Public Provident Fund (PPF)?

The Public Provident Fund (PPF) is a long-term savings cum investment product backed by the Government of India. It offers a fixed rate of interest (compounded annually) and significant tax benefits, making it one of the most secure and popular investment options for achieving long-term goals like retirement, children's education, or building a substantial corpus.

Key Features of the PPF Scheme

Tenure: A PPF account has a lock-in period of 15 years, which can be extended in blocks of 5 years after maturity.
Interest Rate: The interest rate is set by the government and reviewed every quarter. The interest is compounded annually.
Tax Benefits: PPF enjoys an Exempt-Exempt-Exempt (EEE) status. This means the amount you invest is tax-deductible under Section 80C, the interest earned is tax-free, and the maturity amount is also completely tax-free.
Investment Limits: You can invest a minimum of ₹ 500 and a maximum of ₹ 1.5 lakh in a financial year.

How Our PPF Calculator Can Help You

Our calculator simplifies the process of projecting your PPF investment's growth. By entering your planned yearly investment and the interest rate, you can instantly see:

The estimated maturity value after 15 years.
A clear breakdown of your total contributions versus the total interest earned.
A year-by-year chart visualizing how your investment grows with the power of annual compounding.

Frequently Asked Questions (FAQs)

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