PPF (Public Provident Fund) Account is a favorite tax saving investment option of Indian tax payers. The important features and benefits of PPF accounts are :
The PPF interest rate is notified by Central Government from time to time and is same for all authorised banks and post offices. The current rate is 8.00% p.a. w.e.f. 01.10.2018.
The interest is payable on minimum balance availabe in the account from 5th to last day of month. The interest is applied on last day of the financial year and is compounded at yearly rests.
Deposits made in PPF accounts upto prescribed limits are eligible for relief under section 80C of Income Tax Act.
Interest earned in PPF accounts is exempt from Income Tax.
The balance in a PPF account is exempt from Wealth Tax. The balance in a PPF account cannot be attached under a court decree.
PPF (Public Provident Fund) is a no risk investment scheme.
Use these Easy and Simple PPF Calculators for calculation of Interest, Maturity Amount and Return on Investment for 15 / 30 years and available withdrawal / loan from PPF account. The calculators have updated interest rates upto 1st October 2018.
|Date of Maturity||Total Investment|
|Estimated Maturity Value||Return on Investment (ROI)|
|Chart : Year-wise Growth in PPF account|
|Presumptions made in calculations : View|
This calculator does not make any presumpions regarding date and month of opening of account and date and / or month of making investment. Therefore, the calculations are exact and accurate. Use this calculator to check and verify calculation of Interest and Yearly Balance of your PPF account for any year since 2000-01 on year to year basis. A click or tap on "Calculate for Next Year" button will automatically carry over the Closing Balance of this year as Opening Balance for the next year, change Financial Year and applicable Interest Rate(s).
|Period||Interest Rate||Period||Interest Rate|
|01.04.1986 to 14.01.2000||12.00 %||01.04.2013 to 31.03.2016||8.70 %|
|15.01.2000 to 28.02.2001||11.00 %||01.04.2016 to 30.09.2016||8.10 %|
|01.03.2001 to 28.02.2002||9.50 %||01.10.2016 to 31.03.2017||8.00 %|
|01.03.2002 to 28.02.2003||9.00 %||01.04.2017 to 30.06.2017||7.90 %|
|01.03.2003 to 30.11.2011||8.00 %||01.07.2017 to 31.12.2017||7.80 %|
|01.12.2011 to 31.03.2012||8.60 %||01.01.2018 to 30.09.2018||7.60 %|
|01.04.2012 to 31.03.2013||8.80 %||01.10.2018 onwards||8.00 %|