PPF Calculator
Public Provident Fund maturity, interest, loan eligibility and partial withdrawal — year by year.
Year-by-Year Growth
Wealth Milestones
Lock-In Period
PPF has a 15-year lock-in. Premature closure is only allowed after 5 years in specific cases (medical emergency, education). A 1% interest penalty applies.
Loan Against PPF
Available from Year 3 to Year 6. You can borrow up to 25% of the balance at the end of Year 2 (relative to when you apply). Interest: PPF rate + 2%.
Partial Withdrawal
Allowed from Year 7 onwards. You can withdraw up to 50% of the balance at the end of Year 4 (relative to application year). Only one withdrawal per year.
EEE Tax Status
PPF enjoys Exempt-Exempt-Exempt: deposits qualify for 80C (up to ₹1.5L), interest earned is tax-free, and maturity amount is completely exempt from income tax.
PPF — Frequently Asked Questions
What is the maximum deposit in PPF per year?
The maximum deposit in a PPF account is ₹1,50,000 per financial year (April to March). The minimum deposit is ₹500. Deposits beyond ₹1.5L earn no interest and are not eligible for 80C deduction.
When is PPF interest credited?
PPF interest is calculated monthly on the minimum balance between the 5th and the last day of each month. However, interest is credited to the account only at the end of each financial year (March 31). To maximise interest, deposit before the 5th of April each year.
Can I extend PPF after 15 years?
Yes. After the initial 15-year maturity, you can extend in 5-year blocks indefinitely. You must submit Form H before the maturity date. You can extend with or without contributions — without contributions still earns interest on the corpus.
Is PPF interest taxable?
No. PPF has EEE (Exempt-Exempt-Exempt) status. Deposits qualify for Section 80C deduction (up to ₹1.5L), all interest earned is tax-free, and the maturity amount is completely exempt from income tax and wealth tax.
What is the current PPF interest rate?
The current PPF interest rate is 7.1% per annum for Q1 FY 2025-26 (April–June 2025). The Government of India reviews and announces PPF rates quarterly. Historically, PPF rates have ranged from 7.1% to 12% since 1986.