PPF (Public Provident Fund) is a government-backed, long-term savings scheme with tax-free returns under Section 80C. The PPF calculator uses compound interest formula to compute maturity value based on yearly deposits, interest rate, and tenure.

No. PPF follows EEE (Exempt-Exempt-Exempt) status. Investment qualifies for 80C deduction, interest earned is tax-free, and maturity amount is also tax-free.

The current PPF interest rate (Q4 2024-25) is 7.1% per annum, compounded annually. Rates are revised quarterly by the government.

PPF has a mandatory lock-in period of 15 years. After that, you can extend in blocks of 5 years indefinitely with or without further contributions.

Partial withdrawal is allowed from the 7th financial year. Premature closure is permitted only for specific reasons like medical emergency or higher education.

Minimum deposit is ₹500 per financial year; maximum is ₹1.5 lakh per year. You can deposit in lump sum or monthly installments.

Enter your yearly investment, expected rate of return (historical 7-8%), and years till retirement. The calculator shows maturity corpus. For ₹1.5L/year for 30 years @7.1%, maturity ≈ ₹1.5 Cr.

PPF offers sovereign guarantee and tax-free returns but lower liquidity. For risk-free, tax-saving long-term goals, PPF is excellent. For higher returns, consider ELSS or equity funds.

NRIs are not allowed to open new PPF accounts. However, existing accounts opened while being a resident Indian can continue till maturity.

Our calculator uses the exact PPF compounding formula (yearly interest addition). It provides close estimates; actual returns may vary slightly based on government rate changes.