What is PPF interest rate for FY 2024-25?

PPF interest rate: 7.1% per annum for FY 2024-25, compounded annually. Rate revised quarterly by government. Interest calculated monthly on lowest balance between 5th and end of month. Credited annually on March 31.

What is minimum and maximum PPF investment?

Minimum: ₹500 per year (account dormant if not met). Maximum: ₹1,50,000 per year. Can deposit in lump sum or installments (max 12/year). Exceeding ₹1.5L disallowed, refunded without interest.

When can I withdraw PPF money?

Maturity: After 15 years. Partial withdrawal: After 7th year (50% of balance 4 years ago). Premature closure: After 5 years (illness, education - 1% interest penalty). Extend in 5-year blocks after maturity.

What are tax benefits of PPF?

EEE status: Deposit exempt under 80C (₹1.5L), interest tax-free, maturity tax-free. Best long-term tax-free option. No TDS. Sovereign guarantee. Safe with guaranteed returns. Ideal for retirement planning.

Can I open multiple PPF accounts?

No, only one PPF account per person. Can open for minor (parents as guardian). Husband, wife can have separate accounts. Joint accounts not allowed. All post offices and banks linked - single account rule applies nationwide.

PPF Calculator

Calculate Public Provident Fund returns at 7.1% tax-free interest

PPF Calculator

Calculate Public Provident Fund (PPF) maturity amount at 7.1% interest. Get tax-free returns with EEE status for 15-year investment.

Yearly Investment*

Min ₹500, Max ₹1,50,000 per year

Investment Period*

15 years50 years

Minimum 15 years, extendable in 5-year blocks

Current PPF Balance

Existing PPF balance if any

PPF Key Features

EEE Status: Deposit exempt under 80C (₹1.5L), interest tax-free, maturity tax-free. Best long-term tax-free investment.

Interest Calculation: Interest credited annually on March 31. Calculated monthly on lowest balance between 5th and end of month. Deposit between 1st-5th for maximum interest.

Withdrawal: Partial withdrawal after 7th year (50% of 4th year balance). Full withdrawal after 15 years. Extend in 5-year blocks for continued tax-free growth.

Frequently Asked Questions

Everything you need to know about this tool