Answers

PPF Calculator answers

Public Provident Fund is a long-term government-backed savings scheme. Resident individuals can open PPF in post office or designated banks. Minimum Rs 500 and maximum Rs 1.5 lakh per financial year.

PPF, EPF, fixed deposits and recurring deposits on this site follow Indian product rules, including quarterly compounding on FD and RD. You can display the same math in USD, GBP, EUR, AUD, CAD or INR. A US 401(k), UK pension or Australian super account is a different product, so do not treat the balance as a local retirement account.

A worked check

Investing 5,000 every month for 10 years at a 10% yearly assumption grows to about 1,032,760 if each deposit compounds monthly. You put in 600,000. The rest is growth on the assumption you typed, not a promised return. Fees, tax and a lower return reduce that figure.

01. What is PPF and who can open it?

Public Provident Fund is a long-term government-backed savings scheme. Resident individuals can open PPF in post office or designated banks. Minimum Rs 500 and maximum Rs 1.5 lakh per financial year.

Open the PPF Calculator and change one number. You can see which result moves. The country menu changes the currency symbol. The formula stays the same.

02. What is the current PPF interest rate?

Government revises PPF rate quarterly. Enter the latest announced rate in the calculator. It applies on the lowest balance between 5th and last day of each month.

Open the PPF Calculator and change one number. You can see which result moves. The country menu changes the currency symbol. The formula stays the same.

03. How long is PPF locked in?

Maturity is 15 years from account opening. You can extend in blocks of 5 years after that. Partial withdrawal is allowed from the 7th year subject to rules.

Open the PPF Calculator and change one number. You can see which result moves. The country menu changes the currency symbol. The formula stays the same.

04. Is PPF return tax free?

Yes. PPF falls under EEE: contribution eligible for 80C, interest and maturity are tax-free for eligible deposits within limits.

Open the PPF Calculator and change one number. You can see which result moves. The country menu changes the currency symbol. The formula stays the same.

05. Should I invest in PPF before the 5th of the month?

Interest is calculated on monthly minimum balance credited before the 5th. Investing early in the month maximises interest for that period.

Open the PPF Calculator and change one number. You can see which result moves. The country menu changes the currency symbol. The formula stays the same.

06. Can I open PPF for my child?

A parent can open a minor PPF account. Combined parent and child contributions still face the Rs 1.5 lakh annual cap across accounts.

Open the PPF Calculator and change one number. You can see which result moves. The country menu changes the currency symbol. The formula stays the same.

07. Is projected PPF corpus guaranteed?

Rate changes every quarter, so long projections are indicative. Government sets the rate; this tool does not guarantee future returns.

Open the PPF Calculator and change one number. You can see which result moves. The country menu changes the currency symbol. The formula stays the same.

08. Can I estimate PPF free without signup?

Yes. Use the PPF calculator online at no cost with no registration.

Open the PPF Calculator and change one number. You can see which result moves. The country menu changes the currency symbol. The formula stays the same.

Keep going

These pages explain the arithmetic. They are not a loan approval, tax filing, insurance quote or investment recommendation.