🏛️ What is PPF?
PPF is a government-backed savings scheme with 15-year lock-in period. It offers guaranteed returns and complete tax exemption.
Simple Meaning:
Save money for 15 years, get tax-free returns
💰 Triple Tax Benefit
1. Investment Deduction
Save tax up to ₹46,800 (Section 80C)
2. Interest Tax-Free
No tax on yearly interest earned
3. Maturity Tax-Free
Final amount completely tax-free
📋 Investment Rules
Minimum: ₹500 per year
Maximum: ₹1,50,000 per year
Lock-in: 15 years mandatory
Extension: 5 years at a time
Partial Withdrawal: After 7th year
Loan: Against PPF balance (3rd-6th year)
📊 PPF Calculation Example
Monthly Investment: ₹12,500
Annual Investment: ₹1,50,000
Interest Rate: 7.1% per year
After 15 Years:
Total Invested: ₹22,50,000
Interest Earned: ₹17,84,000
Maturity: ₹40,34,000
🏦 How to Open PPF?
Where to Open:
- Any bank branch
- Post office
- Online banking
Documents Needed:
- Aadhaar card
- PAN card
- Address proof
- Passport photo
⚖️ PPF vs Others
PPF vs FD:
PPF: Tax-free, FD: Taxable
PPF vs ELSS:
PPF: Guaranteed, ELSS: Market risk
PPF vs NSC:
PPF: 15 years, NSC: 5 years
❓ Frequently Asked Questions
Can I withdraw PPF before 15 years?
No full withdrawal. Partial withdrawal allowed after 7th year for specific purposes like education, medical emergency.
What happens after 15 years?
You can withdraw full amount tax-free or extend for 5 more years with/without fresh contributions.
Can I have multiple PPF accounts?
No, only one PPF account per person. But you can open for minor children.
Is PPF interest rate fixed?
No, government reviews rates quarterly. Currently 7.1% (Jan-Mar 2026).
🔗 Related Tools & Guides
Start Your PPF Journey Today
Open PPF account and secure your financial future with tax-free returns.