PPF Calculator
PPF Maturity Details
Yearly Growth
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About PPF (Public Provident Fund)
The Public Provident Fund (PPF) is a long-term savings scheme backed by the Indian government with tax benefits under Section 80C. It has a 15-year lock-in period and offers attractive interest rates with compounding benefits.
Key Features
• 15-year maturity period (extendable in blocks of 5 years)
• Minimum deposit: ₹500 per year
• Maximum deposit: ₹1.5 lakh per year
• Current interest rate: 7.1% p.a. (compounded annually)
• Tax-free returns (EEE benefit)
Tax Benefits
• Investments qualify for deduction under Section 80C (up to ₹1.5 lakh)
• Interest earned is tax-free
• Maturity amount is completely tax-free
• No wealth tax applicable
Withdrawal Rules
• Partial withdrawals allowed from 7th year (up to 50% of balance)
• Loan facility available between 3rd and 6th year
• Premature closure only in specific cases (medical emergency, higher education)