PPF Calculator – The Gold Standard of Safe Investing
In the landscape of Indian investments, the Public Provident Fund (PPF) is a legend. It's the go-to option for millions who want guaranteed returns without losing sleep over stock market crashes.
Our PPF Calculator is designed to show you the long-term magic of this government-backed scheme. Whether you contribute monthly or annually, this tool calculates exactly how much tax-free wealth you will generate over the 15-year tenure.
Why PPF is Still the King of Debt Investments
Even with the rise of mutual funds, PPF remains unbeatable for conservative investors.
Triple Tax Benefits (EEE)
PPF is one of the few instruments where Investment, Interest, and Maturity are ALL tax-free. It's the most efficient way to save tax under Section 80C.
Sovereign Guarantee
Your money is backed by the Government of India. There is zero risk of default, making it safer than even bank Fixed Deposits.
Protection from Creditors
A unique feature of PPF is that the balance cannot be attached by any court decree to pay off debts or liabilities. Your savings are truly yours.
Flexible Tenure
While the lock-in is 15 years, you can extend the account indefinitely in blocks of 5 years, making it a lifelong pension tool.
Frequently Asked Questions (FAQs)
Can I withdraw money before 15 years?
Partial withdrawals are allowed from the 7th financial year onwards. You can withdraw up to 50% of the balance at the end of the 4th preceding year or the immediate preceding year, whichever is lower.
What happens if I miss a yearly deposit?
The account becomes "inactive." To reactivate it, you need to pay a small penalty of ₹50 for each year missed, along with the minimum subscription of ₹500 for those years.
Can I open a PPF account for my minor child?
Yes, a parent or legal guardian can open a PPF account for a minor. However, the combined limit for the parent and the minor child is still ₹1.5 Lakh per financial year.
Is the interest rate fixed for 15 years?
No. The interest rate is not fixed. It is reviewed and announced by the Government of India every quarter. However, once credited to your account, the interest is yours to keep.
Can NRIs open a PPF account?
Non-Resident Indians (NRIs) are not allowed to open a new PPF account. However, if they opened one before becoming an NRI, they can continue it until maturity (15 years) but cannot extend it further.