Stax

PPF Calculator

Calculate PPF maturity amount at 7.1% with EEE tax benefit.

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Min ₹500 · Max ₹1,50,000/year

Current govt rate: 7.1%

Extendable in 5-yr blocks after 15

Why PPF is still one of the best investments in India

PPF's EEE tax status makes its effective post-tax return far higher than comparable fixed-income instruments. For someone in the 30% tax bracket, a 7.1% tax-free yield is equivalent to a ~10.1% pre-tax FD return. Combined with government backing and no market risk, it remains unmatched for long-term conservative savings.

Maximising your PPF returns

  • Invest before April 5 — PPF interest is calculated on the minimum balance between the 5th and last day of each month. Depositing before the 5th ensures you earn interest for that full month.
  • Invest the maximum ₹1.5L annually — the 80C deduction alone saves ₹46,800/year for 30% taxpayers.
  • Open accounts for children— you can open PPF accounts for minor children and invest up to ₹1.5L total across your account and each child's account.
  • Extend rather than withdraw — the power of compounding grows exponentially in years 15–30.

Frequently asked questions

What is PPF?
PPF (Public Provident Fund) is a long-term savings scheme backed by the Government of India. It offers tax-free returns under EEE (Exempt-Exempt-Exempt) status — deposits qualify for 80C deduction, interest earned is tax-free, and maturity proceeds are tax-free.
What is the current PPF interest rate?
The current PPF interest rate is 7.1% per annum, compounded annually. The rate is set by the government each quarter and has remained at 7.1% since April 2020.
What is the minimum and maximum investment in PPF?
The minimum investment is ₹500 per year and the maximum is ₹1,50,000 per year. Deposits can be made in a lump sum or up to 12 instalments per year. Any amount above ₹1.5L in a year earns no interest.
Can I withdraw from PPF before 15 years?
Partial withdrawals are allowed from the 7th year onwards (up to 50% of balance at end of 4th year). Premature closure is allowed from the 5th year under specific conditions (medical emergency, higher education). Full maturity is at 15 years.
Can I extend PPF beyond 15 years?
Yes. After 15 years, you can extend the account in blocks of 5 years — to 20, 25, or 30 years. Extension can be with or without further deposits. This calculator supports all extension scenarios.

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