Ministry of Finance PPF Scheme 2019 • 7.1% p.a.

Public Provident Fund (PPF) Calculator

Calculate your 15-year maturity wealth, total tax-free compound interest, and loan/withdrawal limits under the Indian Public Provident Fund Scheme. Includes the 5th-of-the-month deposit timing rule simulator.

EEE Status (100% Tax Free)•Monthly & Annual Deposit Modes•5-Year Block Extensions•100% Free & Private

PPF Contribution Parameters

7.1% p.a.

Contribution Frequency

Annual Contribution

₹

₹500 min₹1,50,000₹1,50,000 max

Tenure (15-Year Lock-in + 5-Year Extensions)

Maturity Corpus (100% Tax-Free)

₹40,68,209

1.81x Growth

Total Deposited:

₹22,50,000

Total Interest Earned:

₹18,18,209

Total Principal (55%)Compounding Gain (45%)

Section 80C tax deduction + 100% tax-exempt interest and maturity payout (EEE status).

Understanding the Public Provident Fund (PPF) Scheme in India

Government-backed long-term compounding, monthly calculation rules, and tax-free wealth accumulation.

The 5th of the Month Rule

Interest in a PPF account is calculated monthly on the minimum balance between the close of the 5th day and the end of the month:

✓ Deposit on or before the 5th:

Your new deposit earns interest for that entire calendar month.

✗ Deposit after the 5th:

The new deposit does not earn interest for that month; interest begins only from the following month.

Statutory EEE Tax Advantage

PPF is one of the rare instruments in India with genuine Exempt-Exempt-Exempt (EEE) status under the Income Tax Act:

1. Deposit Stage:Deduction under Section 80C up to ₹1,50,000 per financial year.

2. Accumulation Stage:Annual compounding interest credited every March 31 is 100% tax-free.

3. Maturity Stage:The entire maturity corpus withdrawn after 15 years is completely tax-exempt.

Statutory Loan & Partial Withdrawal Rules

Loan Against PPF (Years 3 to 6):

Available from the 3rd financial year up to the end of the 6th financial year. The loan amount is capped at 25% of the balance at the end of the second preceding year.

Partial Withdrawal (Year 7 Onward):

Permitted once every year from the 7th financial year onward. Maximum withdrawal is 50% of the balance at the end of the 4th preceding year or immediate preceding year, whichever is lower.

Frequently Asked Questions about PPF

Government regulations, tax benefits, and withdrawal schedules.

What is the current interest rate for PPF in India?

The Ministry of Finance fixes the PPF interest rate on a quarterly basis. It currently stands at 7.10% per annum, compounded annually on March 31st.

What are the minimum and maximum deposit limits in PPF?

The minimum statutory annual contribution is ₹500, and the maximum ceiling is ₹1,50,000 per financial year across all PPF accounts held by an individual.

What is the 5th of the month rule for PPF deposits?

Interest on PPF is calculated on the lowest balance between the 5th day and the last day of each month. If you deposit funds on or before the 5th, your deposit earns interest for that whole month. Deposits made on the 6th or later earn interest only from the subsequent month.

Can a PPF account be extended after 15 years?

Yes. On completion of 15 years, you can extend your PPF account in continuous blocks of 5 years each, with or without making additional contributions.

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