PPF
Public Provident Fund
A 15-year government savings scheme with tax-free interest, at a rate set every quarter.
Deposit ₹500 to ₹1.5 lakh a year (counts for 80C in the old regime). Interest compounds yearly and, like the maturity amount, is tax-free. After 15 years you can extend in 5-year blocks.
Deposit by the 5th of the month to earn that month's interest; part withdrawals are allowed from the 7th year.
Example
₹1.5 lakh every year for 15 years at 7.1%: about ₹40.68 lakh, on ₹22.5 lakh deposited.
PPF Calculator
Your Public Provident Fund balance after 15 years — or longer with 5-year extensions.
Related terms
Rules as of tax year 2026-27. Written by the Welthr team; last reviewed on . Not financial advice.