PPF Calculator (15-Year Fixed)
Interest rate and tenure are fixed as per Government of India PPF rules. Calculation assumes investment at the beginning of each financial year.
The PPF Calculator helps you estimate the maturity value of your Public Provident Fund (PPF) investment based on the fixed government-declared interest rate and the mandatory 15-year tenure. By entering your yearly contribution, you can instantly see your total investment, interest earned, and final maturity amount. This calculator follows official PPF rules applicable in India and is suitable for long-term, tax-saving financial planning.
1. What is PPF (Public Provident Fund)?
PPF is a government-backed long-term savings scheme in India that offers fixed returns, capital safety, and tax benefits.
2. What is the current PPF interest rate?
The current PPF interest rate is 7.1% per annum, as declared by the Government of India.
3. Is the PPF interest rate fixed?
Yes, the PPF interest rate is fixed for the declared period and applies uniformly to all investors.
4. What is the lock-in period for PPF?
The minimum lock-in period for a PPF account is 15 years.
5. Can I change the PPF tenure?
No, the initial tenure is fixed at 15 years. Extensions are allowed only after maturity.
6. What is the minimum yearly investment in PPF?
You must invest at least ₹500 per financial year to keep the PPF account active.
7. What is the maximum PPF investment limit?
The maximum allowed contribution is ₹1.5 lakh per financial year.
8. Is PPF investment tax-free?
Yes, PPF follows EEE status — investment, interest, and maturity amount are all tax-free.
9. How is interest calculated in PPF?
Interest is compounded annually and calculated on the yearly balance.
10. Can I invest monthly in PPF?
You can invest monthly, but returns are calculated on a yearly basis.
11. Is PPF better than fixed deposits?
PPF offers tax-free returns and government backing, while FD returns are taxable.
12. Can I withdraw money before 15 years?
Partial withdrawals are allowed after the 6th financial year, subject to rules.
13. Is PPF a safe investment?
Yes, PPF is one of the safest investment options in India as it is government-backed.
14. Who can open a PPF account?
Any Indian resident individual can open a PPF account.
15. Can NRIs open a PPF account?
NRIs cannot open new PPF accounts, but existing ones can be continued till maturity.
16. Can I open more than one PPF account?
No, an individual can hold only one PPF account, except for a minor.
17. Does this calculator include PPF extensions?
No, this calculator shows returns only for the initial 15-year tenure.
18. Why is the interest rate fixed in this calculator?
PPF interest is government-declared, so fixing it ensures accurate and compliant results.
19. When should I invest in PPF for maximum returns?
Investing before 5th April each year helps maximize interest benefits.
20. Is PPF suitable for long-term financial goals?
Yes, PPF is ideal for retirement planning and long-term tax-efficient savings.