Finotax wishes you
Happy and Prosperous DIWALI and NEW YEAR
Last modified - 06.10.2017

PPF Calculator : Withdrawal, Loan and Interest During Year

Calculate available amount of Withdrawal during current year before and after extension of PPF accunt. Calculate available amount of Loan during current year. Calculate and check application of interest in PPF account during a financial year since 1986-87.

Quick Links

●  Know Available PPF Withdrawal Before Extension
●  Know Available PPF PPF Withdrawal After Extension
●  Know Available PPF Loan
●  Calculate and Check PPF Interest During a Year
●  PPF Interest Rates since 01.04.1986

PPF Calculator - Available Withdrawal during FY 2017-18 ( Before Extension )

Balance of the Account as on 31.03.2017
Balance of the Account as on 31.03.2014
Maximum Permissible Withdrawal Amount
Withdrawal Rules ( Before Extension ) :
  1. Withdrawals are available once every year from PPF account after expiry of five years from the end of Financial Year in which the initial deposit was made i.e. withdrawal from PPF account is available from seventh year.
  2. The amount of withdrawal is restricted to 50% of the credit balance at the end of the fourth year immediately preceding the year of withdrawal or the year immediately preceding the year of withdrawal, whichever is lower.
  3. Application in prescribed form ( Form C ) is to be made for withdrawal along with the pass book of the account.
  4. In case, the withdrawal is sought from minor's Account, the guardian has to make a declaration that the money is required for the use/benefit of the minor.

PPF Calculator - Withdrawal ( After Extension )

Balance at the start of the extension block of 5 years
Amount withdrawn since start of extension block of 5 years
Maximum Permissible Withdrawal Amount
Withdrawal Rules ( After Extension ) :
  1. One withdrawal is permitted in every financial year. The total amount of withdrawal is restricted to 60% of the credit balance at the start of the extension block of 5 years.
  2. Application in prescribed form ( Form C ) is to be made for withdrawal along with the pass book of the account.
  3. In case, the withdrawal is sought from minor's Account, the guardian has to make a declaration that the money is required for the use/benefit of the minor.

PPF Calculator - Available Loan (During FY 2017-18)

Balance of the Account as on 31.03.2016
Permissible Loan Amount
Loan Rules
  1. The loan facility is available any time after expiry of one year from the end of the year in which the initial subscription was made but before expiry of five years from the end of the year in which the initial subscription was made i.e. the loan facility is available during third to sixth financial year of opening the account.
  2. Application in prescribed form ( Form D ) is to be made for loan along with the pass book of the account.
  3. The loan can be taken up to 25% of the amount in the account at the end of the second year immediately preceding the year in which the loan is applied for.

PPF Interest Calculator

You can use this calculator to check interest application in your SSY account during a year.

Select Year for interest calculations
Opening Balance as on 1st April of the Year
MonthInterest rateAmount DepositedEffective Balance *
Upto 5thAfter 5th
April
May
June
July
August
September
October
November
December
January
February
March
Interest for the Financial Year
Closing Balance for the Financial Year
* The effective balance for monthly interest application is the minimum closing balance between 5th and last date of the month.

PPF Interest Rates since 01.04.1986

PeriodPPF Interest Rate
01.04.1986 to 14.01.200012%
15.01.2000 to 28.02.200111%
01.03.2001 to 28.02.20029.5%
01.03.2002 to 28.02.20039%
01.03.2003 to 30.11.20118%
01.12.2011 to 31.03.20128.6%
01.04.2012 to 31.03.20138.8%
01.04.2013 to 31.03.20168.7%
01.04.2016 to 30.09.20168.1%
01.10.2016 to 31.03.20178.0%
01.04.2017 to 30.06.20177.90%
01.07.2017 onwards7.80%

You may like to Use / View: