PPF Calculator (Public Provident Fund)
PPF Calculator (Public Provident Fund)
Estimate your maturity amount for a 15-year tax-free investment.
*PPF maturity period is fixed at 15 years.
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What is PPF (Public Provident Fund)?
The Public Provident Fund (PPF) is a popular long-term investment scheme backed by the Government of India. It offers safety with attractive interest rates and returns that are fully exempt from Income Tax. The minimum tenure of a PPF account is 15 years.
Benefits of PPF
- Tax Benefits: Deposits up to ₹1.5 Lakh per annum are deductible under Section 80C. The interest earned and the maturity amount are completely tax-free (EEE Status).
- Risk-Free: Since it is backed by the Indian government, it is considered one of the safest investment options.
- Compounding: Interest is calculated monthly but credited annually, giving you the benefit of compound interest over 15 years.