PPF Calculator

PPF Calculator: Frequently Asked Questions

1. What is a PPF Account?

Public Provident Fund Account is a government-supported savings plan that offers stable and guaranteed returns along with tax benefits. It’s a secure investment option that can be used to fund long-term objectives such as higher education for children or retirement funds.

2. How much interest rate can I get on my PPF account?

The interest rate is declared by the Central Government every quarter. For the year 2021, the PPF interest rate is 7.1 percent per annum.

3. What is the minimum lock-in period for PPF?

The lock-in period for a Public Provident Fund is 15 years, with an option to extend it in blocks of five years. Partial withdrawals are allowed after 5 years, subject to certain conditions.

4. What is the minimum amount required to start investing in PPF?

The minimum investment amount required to start a PPF account is ₹500, and the maximum amount you can invest annually is ₹1.5 lakhs. Use a PPF Calculator to determine the maturity amount.