About Public Provident Fund
Loanpao’s Public Provident Fund (PPF) is a government-backed savings scheme offering tax-free returns and capital safety. With a 15-year tenure, PPF is ideal for long-term wealth creation, providing EEE (Exempt-Exempt-Exempt) tax benefits for contributions, interest, and maturity proceeds.
Why Choose PPF?
- Interest Rate: 7.1% per annum (compounded annually, as of 2025)
- Tenure: 15 years (extendable in 5-year blocks)
- Investment Limits: ₹500–₹1.5 lakh per year
- Tax Benefits: Up to ₹1.5 lakh under Section 80C; interest and maturity tax-free
- Safety: 100% backed by the Government of India
- Partial Withdrawals: Allowed after 7th year (up to 50% of balance)
- Loan Facility: Available against PPF balance (years 3–6)
Are You Eligible?
| Criteria | Requirement |
|---|---|
| Applicant Type | Indian resident (individuals or guardians for minors) |
| Age | No age limit (minors via guardian) |
| KYC Compliance | Mandatory for all account holders |
| Bank Account | Active savings account for transactions |
| Account Limit | One PPF account per individual |
What Documents Do You Need?
- KYC: Aadhaar, PAN, or passport
- Address Proof: Utility bill or rental agreement
- Bank Details: Cancelled cheque or bank statement
- Photograph: Passport-size
- PPF Application Form: Form A or online submission
Indicative Returns
| Annual Contribution (₹) | Tenure | Maturity Value (₹, at 7.1%) |
|---|---|---|
| 10,000 | 15 years | ~3,12,000 |
| 50,000 | 15 years | ~15,60,000 |
| 1,00,000 | 15 years | ~31,20,000 |
| 1,50,000 | 15 years | ~46,80,000 |
Extra Charges:
- Account Maintenance: Free at post offices; ₹50–₹100/year at banks
- Inactive Account Penalty: ₹50/year if minimum ₹500 not deposited
Note: Interest rate (7.1%) is indicative as of May 2025, revised quarterly. Maturity values are approximate.
Calculate Your PPF Maturity Value
Enter values and click Calculate Maturity Value to see results.
How to Invest in PPF
- Visit loanpao.in, authorized banks (SBI, HDFC), or post offices.
- Open a PPF account with KYC documents and Form A.
- Deposit ₹500–₹1.5 lakh annually via cash, cheque, or online banking.
- Track contributions via passbook or online portal.
- Extend tenure in 5-year blocks after 15 years, if desired.
- Avail partial withdrawals after 7th year or loan facility (years 3–6).
- Maturity proceeds credited tax-free after 15 years.
Common Questions About PPF
What is Public Provident Fund?
A government-backed savings scheme offering tax-free returns over a 15-year tenure.
Is PPF completely tax-free?
Yes, contributions, interest, and maturity proceeds are tax-exempt (EEE status).
Can I withdraw from PPF early?
Partial withdrawals (up to 50% of balance) are allowed after the 7th year.
Can NRIs open a PPF account?
NRIs cannot open new PPF accounts but can continue existing ones until maturity.
What happens if I miss a yearly contribution?
A ₹50 penalty is charged, and the account becomes inactive until reactivated.
Can I extend my PPF account?
Yes, extendable in 5-year blocks after 15 years, with or without contributions.
Can I take a loan against PPF?
Yes, loans are available between the 3rd and 6th years, up to 25% of the balance.