Public Provident Fund (PPF) Overview
The Public Provident Fund (PPF) is a government-backed, long-term savings scheme offering a secure investment with 7.1% p.a. interest (as of July 2025) and tax benefits under Section 80C. LoanPao helps you open and manage a PPF account with contributions ranging from ₹500 to ₹1.5 lakh annually for a 15-year tenure, extendable in 5-year blocks. Ideal for risk-averse investors, PPF ensures capital safety and tax-free maturity. Contact us at +91-971-769-5334 or explore related options like Fixed Deposit or SIP Plans.
Key Benefits of PPF Investment
Capital Safety
Government-backed scheme ensures 100% safety of your investment.
7.1% Interest
Earn 7.1% p.a. interest, compounded annually, as of July 2025.
Tax Benefits
Contributions up to ₹1.5 lakh qualify for tax deductions under Section 80C.
Tax-Free Maturity
Maturity amount and interest are fully exempt from tax.
Long-Term Savings
15-year tenure, extendable in 5-year blocks, for disciplined savings.
Loan Facility
Avail loans against PPF balance from the 3rd to 6th year.
Eligibility Criteria for PPF Account
PPF accounts are available to resident Indian individuals. Check your eligibility with our investment eligibility tool.
Criteria | Details |
---|---|
Applicant Type | Resident Indian individuals or minors (through guardians) |
Non-Eligible | NRIs, HUFs, trusts, or corporate entities |
Account Limit | One PPF account per individual (except for minors) |
Minimum Age | No age limit; minors can open accounts via guardians |
Contact info@loanpao.in for assistance with PPF eligibility.
Documents Required for PPF Account
Ensure the following documents are ready to open a PPF account:
- KYC Documents: Aadhaar, PAN, Voter ID, or Passport
- Photograph: Recent passport-size photograph
- Address Proof: Utility bill, Aadhaar, or rental agreement
- Nomination Form: Details of nominee (optional)
- Initial Deposit: Minimum ₹500 via cash, cheque, or online transfer
Visit a bank or post office with these documents or contact LoanPao for assistance.
PPF Contribution and Interest Rates
PPF offers flexible contributions with attractive returns.
Parameter | Details |
---|---|
Minimum Contribution | ₹500 per financial year |
Maximum Contribution | ₹1.5 lakh per financial year |
Interest Rate | 7.1% p.a., compounded annually (July 2025) |
Tenure | 15 years, extendable in 5-year blocks |
Deposit Frequency | Up to 12 deposits per year, in multiples of ₹50 |
Note: Interest rates are reviewed quarterly by the Government of India and may change.
PPF Withdrawal and Loan Rules
PPF accounts offer flexibility for withdrawals and loans:
- Partial Withdrawal: Allowed from the 7th year, up to 50% of the balance at the end of the 4th preceding year.
- Loan Facility: Available from the 3rd to 6th year, up to 25% of the balance at the end of the 2nd preceding year.
- Premature Closure: Permitted after 5 years for specific reasons (e.g., medical emergencies, education), with a 1% interest rate reduction.
- Maturity: Full withdrawal after 15 years; option to extend in 5-year blocks.
Contact +91-971-769-5334 for guidance on withdrawals or loans.
How to Open a PPF Account
Opening a PPF account with LoanPao’s assistance is simple:
- Fill out the inquiry form below with personal details.
- Submit KYC documents (Aadhaar, PAN, photo) via e-KYC or at a bank/post office.
- Complete account opening with a minimum deposit of ₹500 and start investing.
Contact our team at +91-971-769-5334 for expert guidance.
Why Choose LoanPao for PPF Investment?
LoanPao is your trusted partner for PPF and other investment options:
Trusted Partners
Connect with top banks and post offices for PPF account opening.
24/7 Support
Contact us anytime at +91-971-769-5334.
Tips for Maximizing PPF Benefits
Optimize your PPF investment with these expert tips:
- Deposit ₹1.5 lakh annually before April 5 to maximize interest for the year.
- Extend the account beyond 15 years for continued tax-free returns.
- Use the loan facility for short-term needs instead of premature withdrawal.
- Nominate a beneficiary to ensure smooth transfer of funds.
- Combine PPF with other tax-saving investments like for diversified savings.