PPF calculator

Interest is worked out on the lowest balance between the 5th and the end of each month and added once a year on 31 March. Deposit by 5 April to earn interest for the whole year.

Yes. The interest and the maturity amount are tax-free. The deposit is also deductible under Section 80C, but only in the old tax regime.

You can take a loan in years 3 to 6 and make one partial withdrawal a year from year 7. Closing early is allowed only after 5 years and for reasons such as illness or education, with 1% less interest.

You can withdraw everything, or extend the account in blocks of 5 years, with or without new deposits. To keep depositing, apply within a year of maturity.