PPF Calculator
Calculate returns and maturity value for your Public Provident Fund.
* Max PPF investment is ₹1.5L/year. Lock-in 15 Years.
Summary
The Public Provident Fund (PPF) is a government-backed, long-term small savings scheme that has remained a favorite of Indian investors for decades. Its popularity stems from its unique combination of safety, decent returns, and unmatched tax efficiency.
⭐ The Holy Grail: E-E-E Tax Status
PPF falls under the rare "Exempt-Exempt-Exempt" category:
- Exempt (Entry): The amount you invest (up to ₹1.5 Lakh/year) is deductible from your taxable income under Section 80C.
- Exempt (Accumulation): The interest earned every year is NOT taxed. It compounds freely.
- Exempt (Exit): The massive maturity corpus you withdraw after 15 years is 100% tax-free.
The "5th of the Month" Strategy
This is the single most important rule for PPF investors. Interest on PPF is calculated on the lowest balance in your account between the 5th and the last day of the month.
Scenario:
- • You deposit ₹1.5 Lakh on April 3rd: You earn interest for April.
- • You deposit ₹1.5 Lakh on April 6th: You earn ZERO interest for April. Interest starts from May.
Frequently Asked Questions
What is the minimum and maximum investment?
Minimum: ₹500 per year. Maximum: ₹1.5 Lakh per year. You can deposit in lump sum or installments.
Can I open a PPF account for my minor child?
Yes, but the <strong>combined</strong> deposit limit for the parent's account and the minor's account is still ₹1.5 Lakh per year.
Can a PPF account be attached by courts?
No. A unique feature of PPF is that it cannot be attached by any court decree to pay off debts/liabilities, making it the ultimate financial safety net.