PPF Calculator

PPF Account Calculator

PPF account calculator tool will be helpful to you if you are saving/investing money under PPF scheme. You can estimate earned interests, maturity amount over the period or can estimate how your investment grows over the years. You need to just enter deposit amount and select term of deposit and it will calculate your invenstment grow for next 15 financial years.

PPF Calculator

Public Provident Fund (PPF)

The Public Provident Fund (PPF) is a savings-cum-tax-saving scheme in India. It has been introduced in 1968 by National Saving Institute of the Ministry of Finance in 1968 (by Central Government). The goal of the scheme is to mobilize small savings by offering an investment with reasonable returns combined with income tax benefits.(Tax exemption : EEE)

• Income tax benefit under section 80C on invested amount (up to Rs. 150,000/- under 80-C).
• Earned interest is fully 100% tax exempted.
• PPF final amount is totally tax exempted.

Features of PPF

• Current PPF interest rate is 7.1% effective from Jul 1st, 2023.
• PPF account has lock-in period of 15 years. Thereafter, subscriber can be extended for 1 or more block of 5 years each.
• Minimum deposit of Rs. 500 required per financial year to maintain PPF account.
• PPF account has maximum deposit amount per financial year limit is Rs. 1,50,000
• PPF amount can be deposited in lump sum or in multiple installments per year.
• Interest earned on provident fund and final amount is fully exempted from wealth tax.
• You can get loan against PPF account.
• One can open only and only one PPF account.

PPF Interest Rate 2022 - 2023