What is PPF?
Public Provident Fund (PPF) is a long-term government-backed savings scheme offering tax benefits and stable returns.
PPF Formula
FV = P × [ ( (1 + r)n − 1 ) ÷ r ] × (1 + r)
PPF Calculator
Calculate PPF maturity amount and interest earned
PPF has a standard lock-in period of 15 years
Frequently Asked Questions
What is PPF?
PPF (Public Provident Fund) is a long-term government-backed savings scheme in India that offers fixed returns and tax benefits.
How does a PPF calculator work?
A PPF calculator estimates maturity amount and interest earned based on yearly investment, interest rate, and investment duration.
What is the lock-in period for PPF?
PPF has a lock-in period of 15 years, after which the account can be extended in blocks of 5 years.
What is the current interest rate for PPF?
The PPF interest rate is set by the government and may change periodically. The calculator uses the rate you enter for estimation.
Is PPF interest compounded annually?
Yes, PPF interest is compounded annually and credited to the account at the end of each financial year.
What is the minimum and maximum PPF investment?
The minimum annual investment in PPF is ₹500 and the maximum is ₹1.5 lakh per financial year.
Are PPF returns tax-free?
Yes, PPF follows the EEE (Exempt-Exempt-Exempt) model, making investments, interest, and maturity amount tax-free under current laws.
Can I withdraw money from PPF before maturity?
Partial withdrawals are allowed from the 7th financial year, subject to rules and limits.
Is this PPF calculator accurate?
The calculator provides an estimate based on standard PPF formulas, but actual returns may vary depending on interest rate changes.
Is this PPF calculator free to use?
Yes, the PPF calculator on DailyCalcu is completely free and does not require registration.