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Tax-free wealth: ₹1.5L annual investment, guaranteed return
Maturity Amount
Total Interest Earned
Invested Amount
Public Provident Fund (PPF) is India's flagship government-backed savings scheme, trusted by millions for tax-efficient wealth creation. You can invest up to ₹1.5 lakh annually (₹1 lakh in 2023-24, increased to ₹1.5 lakh in recent years—verify current limit). The entire investment qualifies for Section 80C tax deduction, saving ₹30-45K in annual taxes (at 30% slab). PPF offers guaranteed 7.1% p.a. annual returns, completely tax-free—both the interest earned and final maturity are untaxed. This triple benefit (immediate tax deduction + guaranteed return + zero tax on growth) makes PPF unbeatable for conservative savers. 15-year lock-in ensures disciplined wealth building; you can extend for 5-year blocks after maturity. Partial withdrawal (50% after 7th year) and loans (up to 25%) are available for emergencies. Many salaried individuals and business owners max out PPF (₹1.5L/year) and achieve retirement corpus targets: ₹1.5L/year for 25 years = ₹37.5L contributed, grows to ~₹85-95L at 7.1%. PPF is accessible to anyone—salaried, self-employed, homemakers—making it India's most inclusive wealth-building instrument.
A = P × (1 + r/n)^(n×t)Where:
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This calculator is provided for informational and educational purposes only. While we strive for accuracy, results should be verified with official sources or by consulting qualified professionals. Tax laws, rates, and regulations are subject to change. GotRedFlags is not responsible for financial decisions made based on these tools.