Calculate 15-year PPF maturity with optional 5-year extensions, year-wise breakup, and 80C tax savings. Current rate 7.1% (Jul–Sep 2026 quarter, unchanged since April 2020). EEE tax status: contribution, interest, maturity all tax-free.
Best risk-free tax-saving investment in India. EEE status — Exempt at all 3 stages.
Indian residents only (NRIs cannot open new, can continue existing). One account per person — multiple accounts NOT allowed. Joint accounts NOT permitted. Minor accounts (by guardian) allowed.
Min: ₹500/year (keep account active). Max: ₹1,50,000/year. Across multiple accounts (yours + minor's), max combined ₹1.5L. Pay anytime in the financial year (April–March), in multiples of ₹50, any number of times (the old 12-deposit cap was dropped in the PPF Scheme 2019).
Interest calculated on lowest balance between 5th and last day of each month. So invest BEFORE 5th of month to earn that month's interest. Credited to account on 31 March each year. Compound annually.
Allowed from year 7 onwards. Maximum: 50% of the balance at the end of the 4th year preceding the withdrawal year OR at the end of the preceding year, whichever is lower. One withdrawal per year. No questions asked — flexible liquidity.
Allowed after 5 years for: (a) Life-threatening illness (self/family), (b) Higher education (self/children), (c) Change of residency (NRI status). Penalty: 1% lower interest rate from inception.
After 15-year maturity: (a) Withdraw all, (b) Extend with contributions (5-year blocks, partial withdrawal allowed), (c) Extend without contributions (keep earning interest, partial withdrawal once a year). Submit the extension form (Form 4 under the PPF Scheme 2019; Form H under the old scheme) within 1 year of maturity; without it, the account continues without contributions.
The calculator does the arithmetic. TaxSphere — our free case-law library, 1,184 authorities and the Act in full — has the judgments, the circulars and the statutory text for the same provision.
