What is the current PPF interest rate?

The PPF interest rate for Q1 FY 2024-25 is 7.1% per annum, compounded annually. Rates are set by the government quarterly.

What is the minimum and maximum PPF investment?

Minimum annual investment is ₹500 and maximum is ₹1,50,000 per financial year. You can invest in lump sum or up to 12 installments.

What is the PPF lock-in period?

PPF has a 15-year lock-in period. Partial withdrawal is allowed from the 7th year. Full maturity is at 15 years, extendable in 5-year blocks.

PPF Calculator - Public Provident Fund Maturity

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About PPF

PPF (Public Provident Fund) is a government-backed savings scheme with tax benefits under Section 80C. Interest is compounded annually and is completely tax-free. Current rate: 7.1% p.a.

Frequently Asked Questions

Is PPF interest tax-free?

Yes, PPF interest is completely tax-free under EEE (Exempt-Exempt-Exempt) status. Investment, interest, and maturity are all tax-free.

Can I withdraw PPF before 15 years?

Partial withdrawal is allowed from the 7th year for specific purposes. Premature closure is allowed after 5 years for emergencies.

What happens after 15 years?

You can extend in 5-year blocks with or without contribution. If you don't extend, the account earns post-maturity interest at savings rate.

✅ Do's and ❌ Don'ts

✅ Do's

✅ Do invest the maximum ₹1.5 lakh annually for optimal returns.
✅ Do invest before the 5th of each month for full month's interest.
✅ Do continue PPF even after 15 years by extending in 5-year blocks.
✅ Do use PPF as part of your long-term retirement planning.

❌ Don'ts

❌ Don't miss the minimum annual investment of ₹500.
❌ Don't invest after the 5th — you'll lose that month's interest.
❌ Don't treat PPF as short-term investment — it has 15-year lock-in.
❌ Don't exceed ₹1.5 lakh annual limit — excess earns no interest.