Can I withdraw PPF early?

Partial withdrawal allowed after 7 years for specific reasons. Full premature closure allowed after 5 years for serious illness or higher education at a 1% rate penalty.

Can I extend PPF beyond 15 years?

Yes, in 5-year blocks indefinitely. You can continue depositing or stop — interest still accrues.

Is PPF better than ELSS?

PPF is safer with EEE status. ELSS offers higher equity returns with 3-year lock-in but is taxable at 12.5% LTCG. Diversify across both based on goals.

₹

WealthVizioCrunching the numbers…

Savings

PPF Calculator

Plan your Public Provident Fund corpus across 15 years and beyond with current 7.1% rate.

Inputs

Yearly deposit

₹500Max ₹1.5L per year₹1,50,000

Tenure

yrs

15 yrsLock-in 15 yrs, extendable in 5-yr blocks50 yrs

Interest rate

5%Current PPF rate: 7.1%10%

Results

Invested

₹22,50,000

Interest

₹18,18,209

Maturity

₹40,68,209

About PPF

PPF (Public Provident Fund) is a government-backed long-term savings scheme with a 15-year lock-in, tax-free interest and EEE tax status. Current rate (FY24-25): 7.1% per annum.

Minimum deposit is ₹500/year, maximum ₹1.5L/year. Interest is calculated on the lowest balance between the 5th and last day of each month, so deposit before the 5th to maximize returns.

PPF formula

M = Σ A × (1 + r)^(15 − i)

A — Annual deposit
r — Interest rate (7.1% current)
i — Year of deposit (1 to 15)
M — Maturity amount

Example: ₹1.5L/year for 15 years at 7.1%

Annual deposit: ₹1,50,000
Tenure: 15 years
Rate: 7.1%
Total invested: ₹22,50,000
Interest earned: ₹18,18,209
Maturity: ₹40,68,209

₹1.5L/year for 15 years grows to over ₹40L — all tax-free.

Frequently asked

PPF benefits

1Triple tax-free (EEE) — deposit, interest and maturity all tax-free.
2Section 80C deduction up to ₹1.5L per year.
3Sovereign-guaranteed safety.
4Loan against PPF available after 3 years.
5Partial withdrawal allowed after 7 years.

Related calculators

₹

WealthVizioCrunching the numbers…