The Post Office Public Provident Fund is a government-backed savings scheme offering tax benefits and guaranteed returns, helping secure your financial future.

With a current interest rate of 7.1 per cent, it's worth considering for tax-saving investments. Let's calculate your earnings over 20 years with monthly investments of Rs 3,000, Rs 6,000, and Rs 12,000.

What is Public Provident Fund?

The Public Provident Fund (PPF) at the post office is a savings plan that helps you save money for the long term. The government backs it, offers tax benefits, and guarantees returns, helping to secure your financial future.

Eligibility criteria to open PPF account

Anyone can open a PPF account, including:
Employed people
Self-employed people

A guardian can also open a PPF account for:
A minor
A person who can't manage their finances

Important: You can only have one PPF account in the whole country, which can be opened at a post office or a bank.

Minimum deposit amount in the Post Office PPF

You can deposit a minimum of Rs 500 and a maximum of Rs 1.50 lakh in a financial year.

Where can you open PPF account?

You can open a PPF account at a post office or bank - both offer the same benefits and rules. Choose the one that's most convenient for you.

What is maturity period of maturity period?

The account matures after 15 financial years, excluding the financial year of account opening.

What is next step after PPF Maturity?

When your PPF account matures, you have three options:
1. Withdraw your money: Fill out a form and submit it with your passbook.
2. Keep your money invested: Earn interest and withdraw anytime or once a year.
3. Extend your account: Renew your account for another 5 years by submitting an extension form.

What are PPF withdrawal rules?

You can withdraw from your PPF account once a year, but only after 5 years. You can withdraw up to 50 per cent of the balance from either:
The end of the 4th year before withdrawal
The end of the previous year, whichever amount is lower.

Post office PPF calculation conditions

Investment amount: Rs 3,000, Rs 6,000, Rs 12,000

What will be PPF corpus after 25 years with an investment of Rs 3,000 per month?

Annual investment: Rs 36,000 (3,000x12)
Your total investment amount throughout 25 years will be Rs 9,00,000. The estimated interest earned during this period will be Rs 15,73,924, and the estimated maturity amount will be Rs 24,73,924.

What will be PPF corpus after 25 years with an investment of Rs 6,000 per month?

Annual investment: Rs 72,000 (6,000x12)
Your total investment amount over 25 years will be Rs 18,00,000. The estimated interest earned during this period will be Rs 31,47,847, and the estimated maturity amount will be Rs 49,47,847.

What will be PPF corpus after 25 years with an investment of Rs 12,000 per month?

Annual investment: Rs 1,44,000 (12,000x12)
Your total investment amount over 25 years will be Rs 36,00,000. The estimated interest earned during this period will be Rs 62,95,694 and the estimated maturity amount will be Rs 98,95,694.

DISCLAIMER: Investments carry risk; seek professional guidance