Calculate your Public Provident Fund maturity value, year-by-year growth, and when you can make partial withdrawals.
🏧 Partial Withdrawal & Loan Eligibility
Partial withdrawal allowed fromFY 2030–31 (Year 7)
Loan against PPF availableFY 2027–28 to FY 2030–31
Account maturesFY 2039–40
PPF FAQs
What is the current PPF interest rate in India?
The current PPF interest rate is 7.1% per annum, compounded annually and credited on March 31 each year. The rate is set by the Government of India quarterly, though it has remained at 7.1% since April 2020. Interest is calculated on the minimum balance between 5th and last day of each month.
How much can I invest in PPF per year?
You can invest a minimum of ₹500 and a maximum of ₹1,50,000 per financial year in a PPF account. Investments can be made as a lump sum or in up to 12 instalments. Deposits above ₹1.5L in a year do not earn any interest on the excess amount.
What is the maturity period of PPF?
PPF has a mandatory lock-in of 15 years from the financial year of opening the account. After maturity, you can either withdraw the full amount, extend the account for 5-year blocks (with or without contribution), or simply retain the balance without further deposits (it continues to earn interest).
Can I withdraw money from PPF before maturity?
Partial withdrawal is allowed from the 7th financial year onwards (after 6 complete financial years). The amount you can withdraw is limited to 50% of the balance at the end of the 4th year preceding the withdrawal year, or 50% of the balance at the end of the preceding year — whichever is lower.
Is PPF tax-free in India?
Yes, PPF enjoys EEE (Exempt-Exempt-Exempt) tax status: contributions up to ₹1.5L qualify for 80C deduction, interest earned is completely tax-free, and the maturity amount is also tax-free. This makes PPF one of the most tax-efficient long-term investments in India.
Can I take a loan against my PPF account?
Yes, you can take a loan against your PPF account from the 3rd to 6th financial year (after 2 complete financial years). The loan amount is limited to 25% of the balance at the end of the 2nd year preceding the loan application. The loan must be repaid within 36 months, at 1% above the PPF interest rate.
Should I invest in PPF or ELSS for 80C?
ELSS has a shorter 3-year lock-in and historically higher returns (10–14%), but comes with market risk. PPF offers guaranteed 7.1% with zero risk and EEE tax benefit (ELSS LTCG above ₹1L is taxable at 10%). For risk-averse investors or those near retirement, PPF is better. For long horizons with risk tolerance, a mix of both works well.