💰 PPF Calculator
Enter your annual PPF contribution and account start year to see your maturity corpus at 15 years, year-wise interest and balance table, total interest earned, 80C tax saving, and effective yield. The Loan tab shows eligibility from Year 3, and the Withdrawal tab calculates the maximum partial withdrawal amount from Year 7.
💰 PPF Calculator ✅ 7.1% p.a. (Q1 FY2025-26)
📌 Max contribution: ₹1,50,000 per year. Min: ₹500 per year. Interest is calculated on minimum balance between 5th and last day of each month.
📋 Year-wise PPF Statement
Run the calculator first. Years 1–15 = base period. Extended years shown in blue.
| Year | Opening Balance | Contribution | Interest Earned | Closing Balance | 80C Eligible |
|---|---|---|---|---|---|
| Run the calculator first. | |||||
🏦 PPF Loan & Partial Withdrawal
Run the main calculator first to see eligibility based on your balance.
Loan Rules
Partial Withdrawal Rules
📐 How PPF Interest Is Calculated
PPF Interest Calculation Rule
Compounding Formula
EEE Tax Benefits
Extension After 15 Years
❓ Frequently Asked Questions
PPF Calculator - How Public Provident Fund Works and Why EEE Status Makes It Unique
PPF (Public Provident Fund) is one of the most effective wealth-building instruments available to Indian citizens, yet it is often undervalued because its advantages are cumulative and visible only over the full 15-year horizon. The combination of guaranteed sovereign returns, complete EEE tax exemption, and the power of compounding over 15 years makes PPF hard to beat on a risk-adjusted, post-tax basis for the conservative portion of any portfolio.
PPF EEE Tax Status - The Most Powerful Feature
PPF is one of the very few savings instruments in India with complete EEE (Exempt-Exempt-Exempt) status:
What EEE Means
- First E - Contribution exempt: Up to ₹1.5L/year deductible under Section 80C (Old Regime). Saves ₹46,800/year at 30% bracket.
- Second E - Interest exempt: 7.1% interest is completely tax-free every year - unlike FD interest which is taxed at slab rate.
- Third E - Maturity exempt: The full corpus at maturity is received without any income tax. No capital gains, no surcharge, no cess.
Effective Post-Tax Yield Comparison
- PPF at 7.1% - effective post-tax yield: 7.1% (fully tax-free)
- Bank FD at 7.25% - at 30% slab: effective yield = 5.07%
- Bank FD at 7.25% - at 20% slab: effective yield = 5.80%
- NSC at 7.7% - partially EEE but reinvested interest taxable: effective ~5.5% at 30%
- PPF wins on post-tax yield against most comparable instruments
PPF Interest Calculation - The 5th of the Month Rule
PPF interest is calculated monthly on the minimum balance between the 5th and last day of the month. This creates one of the most important PPF tips: invest before the 5th of April each year to earn interest for April.
If you invest ₹1.5L on April 1, you earn interest on ₹1.5L for all 12 months of the year. If you invest on April 6, you earn interest starting from May - losing one month's interest on ₹1.5L. At 7.1%, one month's interest on ₹1.5L = approximately ₹888. Over 15 years, consistently investing before the 5th of April vs after can mean a meaningful difference in the final corpus.
Partial Withdrawal and Loan Rules
- Loans (Year 3 to Year 6): Loan available from the 3rd financial year onwards, up to 25% of the balance at the end of Year 2. Interest rate: PPF rate + 1% (currently 8.1%). Repayment within 36 months. After Year 6, loans are no longer available - use partial withdrawals instead.
- Partial withdrawal (from Year 7): Available after 6 full financial years. Maximum: 50% of the lower of (a) balance at end of Year 4 or (b) balance at end of the preceding year. One withdrawal per financial year. All partial withdrawals are completely tax-free - no questions asked about usage.
- Premature closure: Allowed only in cases of life-threatening illness, higher education of account holder or minor, or change in residency status. A penalty of 1% interest reduction applies on the amount withdrawn prematurely.
PPF Extension - The 5-Year Block Opportunity
After the 15-year maturity, PPF can be extended in 5-year blocks. Two options:
- Extension with contributions: Continue investing up to ₹1.5L/year. The entire corpus (original + new contributions) earns interest. Fresh contributions get 80C deduction. Partial withdrawals are available from the extended block. This is generally the best option if you still need 80C deductions and have money to invest.
- Extension without contributions: The corpus remains invested and earns 7.1% tax-free interest without any new deposits. You can make one partial withdrawal per year from the extended balance. Good if you don't need 80C deductions but want to keep the tax-free corpus growing.
Technically, PPF can be extended indefinitely in 5-year blocks - effectively making it a permanent tax-free savings vehicle for those who don't need the liquidity.