PPF Calculator
Calculate PPF maturity and interest for Indian users, with charts, tailored for Financeskill.in.
Frequently Asked Questions
What is a Public Provident Fund (PPF)?
PPF is a long-term savings scheme in India, offering tax-free returns, guaranteed by the government. It has a 15-year tenure, extendable in 5-year blocks, with a fixed interest rate (7.1% as of April 2025).
How is PPF interest calculated?
PPF interest is compounded annually. For each deposit, the formula is A = P * (1 + r/100)^t, where A is the maturity amount, P is the deposit, r is the interest rate, and t is the time in years.
What are the tax benefits of PPF?
PPF has EEE (Exempt-Exempt-Exempt) status: deposits are tax-deductible under Section 80C (up to ₹1,50,000), interest is tax-free, and the maturity amount is tax-free.
Can I withdraw from my PPF account?
Partial withdrawals are allowed from the 7th year, up to 50% of the balance at the end of the 4th or 5th year (whichever is lower). Full withdrawal is allowed at maturity.
Can I take a loan against my PPF?
Yes, you can take a loan from the 3rd to 6th year, up to 25% of the balance at the end of the 2nd preceding year, at an interest rate 1% above the PPF rate.
Why use charts in the PPF calculator?
The line chart shows how your PPF balance grows over time, and the pie chart breaks down deposits vs. interest, helping you visualize returns.