Minimum Deposit
Min ₹500 / FY
Maximum Deposit
Max ₹1,500,000 / FY
Scheme Tenure
15 Years (Extendable in 5-Yr blocks)
Tax Status
100% Tax-Free (EEE Status)
Official Rules & Key Features
- Triple-E Tax Exemption: 100% tax-free investment, interest growth, and final maturity.
- Court Immunity: PPF balance cannot be attached by any court of law under any debt decree.
- Loan Facility: Available from 3rd to 6th financial year (up to 25% of 2nd preceding year balance).
- Partial Withdrawal: Available every year from 7th financial year onwards (up to 50%).
- Extension: Unlimited extension in 5-year blocks with or without fresh contributions.
Eligibility & Who Can Open Account
- Resident Indian individuals (Single name only).
- Guardian on behalf of a minor child.
- HUF and NRIs are not eligible to open new PPF accounts.
Taxation Rules
100% Tax-Free (EEE). Deposit eligible for Sec 80C deduction up to ₹1.5 Lakh. Interest accrued and maturity payout are completely tax-exempt.
Premature Closure
Allowed after 5 years only for critical medical treatment of family or higher education of child (1% interest deduction penalty applies).
Required KYC & Verification Documents
Aadhaar Card, PAN Card, photos, and address proof.
Calculate Returns
Estimate exact maturity yield, monthly interest payout, or premium quotes for Public Provident Fund (PPF).
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