PPF Calculator

A PPF calculator is an online tool that helps estimate the maturity amount and interest earned on a Public Provident Fund (PPF) investment based on the deposit amount, tenure, and applicable interest rate.

PPF interest is compounded annually but calculated monthly based on the lowest balance between the 5th and last day of each month. The interest is credited at the end of the financial year.

No, an individual can have only one PPF account, except for an additional account opened on behalf of a minor. Hindu Undivided Families (HUFs) cannot open PPF accounts as per current regulations. Multiple accounts in one’s name are not permitted.

PPF offers tax-free returns, guaranteed interest, long-term savings, loan and partial withdrawal options, and exemption under Section 80C of the Income Tax Act, making it a secure investment option.

The minimum lock-in period for PPF is 15 years. However, partial withdrawals are allowed from the 7th year, and the tenure can be extended in blocks of 5 years.

Yes, PPF falls under the EEE (Exempt-Exempt-Exempt) category, meaning contributions, interest earned, and maturity proceeds are all tax-free under Section 80C of the Income Tax Act.

If you miss the annual minimum contribution of ₹500, your PPF account will be deactivated. To reactivate it, you must pay a penalty of ₹50 per inactive year along with the minimum required deposit, summing up to ₹550.

Yes, partial withdrawals are allowed from the 7th financial year, subject to certain conditions. Premature closure is permitted after 5 years for specific reasons like higher education or medical emergencies.