Skip to content PPF CALCULATOR
STANDARD CALCULATION INPUTS
RESULTS
Total Investment: ₹0
Total Interest Earned: ₹0
Maturity Value: ₹0
YEAR-WISE BREAKDOWN
| Year | Opening Balance (₹) | Deposit (₹) | Interest Earned (₹) | Closing Balance (₹) | Loan/Withdrawal Notes |
|---|
GOAL-BASED CALCULATION
Required Approx. Yearly Investment: ₹0
Note: This is an approximation. Actual amount may vary slightly due to rounding in PPF interest calculations. Assumes fixed yearly deposit.PREMATURE CLOSURE CALCULATOR
PPF can be closed prematurely after 5 completed financial years on grounds like medical emergency (self, spouse, children, parents), or higher education of self/children. A penalty of 1% reduced interest rate is applied.
Estimated Amount on Premature Closure: ₹0
This calculation applies a 1% reduction to the interest rate for each year.PPF INFORMATION HUB
Tax Benefits (EEE Status)
PPF enjoys an Exempt-Exempt-Exempt (EEE) status, making it a highly tax-efficient investment:
- Exempt (Investment): Contributions made to a PPF account are eligible for tax deduction under Section 80C of the Income Tax Act, up to a limit of ₹1,50,000 per financial year.
- Exempt (Accumulation): The interest accrued on the PPF balance each year is completely tax-free.
- Exempt (Withdrawal): The maturity amount, including the principal and accumulated interest, is fully exempt from income tax upon withdrawal after the lock-in period or extensions. Partial withdrawals are also tax-free.
Loan Facility
- Available from the 3rd to the 6th financial year of opening the account.
- Maximum loan amount is 25% of the balance at the end of the 2nd financial year preceding the year in which the loan is applied for.
- Only one loan can be taken in a financial year.
- Interest on loan is typically 1% p.a. more than the prevailing PPF interest rate if repaid within 36 months (2% for PPF accounts opened before 12/12/2019). If not repaid in 36 months, interest is 6% p.a. more.
Partial Withdrawal
- Allowed from the 7th financial year onwards (i.e., after completion of 6 financial years).
- Maximum withdrawal amount is the lower of:
- 50% of the balance at the end of the 4th year immediately preceding the year of withdrawal.
- 50% of the balance at the end of the preceding year.
- Only one partial withdrawal is allowed per financial year.
Account Extension
- After the initial 15-year tenure, the PPF account can be extended in blocks of 5 years, any number of times.
- Extension with Contributions: You can continue to make deposits. Form H needs to be submitted within one year from the date of maturity.
- Extension without Contributions: The balance continues to earn interest at the prevailing rates. No need to submit Form H explicitly for this if no contributions are made. Withdrawals are permitted once per financial year, subject to the balance in the account.
Premature Closure Rules
Premature closure is allowed only after the completion of 5 financial years from the end of the year in which the account was opened, under specific conditions:
- Treatment of specified serious ailments or life-threatening diseases affecting the account holder, spouse, dependent children, or parents. (Supporting documents from competent medical authority required).
- Higher education of the account holder or dependent children. (Supporting documents and fee bills from a recognized institution in India or abroad required).
- On change in residency status of the account holder (e.g., becoming an NRI).
Penalty: If premature closure is permitted, the interest payable is 1% lower than the rate that has been periodically applicable to the account.
About Our TOOL
Unlocking the benefits of your Public Provident Fund
Our PPF Calculator is one of the Indian investing websites that helps in facilitates managing and optimizing Public Provident Fund (PPF) savings. The website helps by simplifying the intricate details of computing PPF returns and understanding PPF which is one of the most preferred long term tax saving investment options.
Key Use Cases & Benefits
The main aim of Our PPF calculator is to assist in boosting wealth accumulation using PPF as a primary foundation.
Comprehensive Wealth Plan With Defined Goals
Transformative goals require unprecedented funds so an active growth plan is a pre-requisite.
Retirement Planning: Regular Investment in PPF allows you to calculate a substantial corpus that can be used to enjoy a comfortable life after retirement.
Child Future Intended Use: Funds can be earmarked for your child’s marriage or further education by projecting a 15 year or more timeline while relying on PPF returns extensions.
Wealth Creation: Experience how PPF’s ease of taxation and investment discipline will radically transform your overall investment strategy.
Comprehensive Investment Strategy
The customizations of PPF Definer which are outlined allows investors to plan their actions and the resulting details they will get greatly helps in making informed investment decisions.
Scenario Analysis: A flexible optional deposit is analyzed with investments over time which are expected to change the maturity value, all of which is captured within a “Scenario Analysis.”
Account tenure exploration: Your PPF account gets appreciation if it is held for more than 15 years, regardless of whether additional contributions are made or not.
Invest with Purpose: Utilize the “Goal-Based” method to identify the annual investment target that should be set for achieving a specific financial objective within a set period.
Everything is Simplified with PPF Compliance Automation.
Regulation compliance regarding the PPF is made simpler with the use of our calculator. Using them allows easier visualization and measurement of the effects of PPF regulations on one’s finances.
Clarify balance on early closure: What would your account be worth at closure and what penalties and interest would be accrued? Analyze account closure balances, losses from penalty interest, and assess interest losses on available balances.
Loans and Withdrawals Attitudes: Identify the times when you can partially unlock the funding restricted in your PPF accounts.
