Finance Utility Toolkit
Smart PPF Master
Precise Fiscal Year tracking, maturity dates, and tax-free growth projections for Bharat.
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Total Invested
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Wealth Gained
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Maturity Value
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Fiscal Model (FY )
Fiscal Year-wise Growth Audit
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The Public Provident Fund (PPF) is the gold standard for tax-saving in Bharat. OTechy Smart PPF Master provides precise projections for Indian investors by strictly enforcing the ₹1.5 Lakh annual cap. By mapping the fiscal cycle from April to March, residents in India can calculate their 100% tax-free maturity corpus with institutional accuracy.
How to Use the Smart PPF Master
Deposit: Enter your annual investment. Note that deposits above ₹1.5L earn zero interest.
Dates: Enter your account opening date to align with the Indian Fiscal Year.
Extension: Choose a 5-year block extension to see the power of compounding.
Smart PPF Investment & Tax FAQs
What is the ₹1.5L limit? As per Indian law, interest is only paid on deposits up to ₹1.5 Lakh per financial year in a PPF account.
Is the PPF maturity tax-free? Yes. PPF falls under the EEE (Exempt-Exempt-Exempt) category, making the corpus 100% tax-free.
What is the current interest rate? The current government-notified rate is 7.1%, which is used in our Smart PPF Calculator.
What does "EEE" status actually mean? It stands for Exempt-Exempt-Exempt. This means the amount invested, the interest earned, and the final maturity amount are all exempt from income tax.
When is interest calculated in PPF? Interest is calculated on the lowest balance between the 5th and the last day of every month. It is credited to the account annually on March 31st.
Should I invest on the 1st or 5th of the month? To maximize returns, you should deposit before the 5th. If you deposit on the 6th, you lose the interest for that entire month.
What is the lock-in period for PPF? A PPF account has a mandatory lock-in period of 15 years. However, the effective period is 16 years as the year of opening is not counted.
Can I withdraw money before 15 years? Partial withdrawals are allowed once every year from the 7th financial year onwards, based on 50% of the balance at the end of the 4th or previous year.
How many extensions are allowed after maturity? You can extend your PPF account indefinitely in blocks of 5 years. You can choose to extend with or without fresh contributions.
Can I take a loan against my PPF balance? Yes. You can apply for a loan from the 3rd financial year up to the 6th financial year. The loan amount is capped at 25% of the balance.
Is my PPF money safe? PPF is one of the safest investments in India as it is backed by a Sovereign Guarantee from the Central Government.
What happens if I miss the minimum ₹500 deposit? Your account will be "discontinued." To revive it, you must pay a penalty of ₹50 per year plus the arrears of minimum deposits.
Can I open a PPF account for my minor child? Yes, either parent can open an account in the name of a minor child, but the combined limit for both accounts remains ₹1.5 Lakh.
Is PPF better than a Fixed Deposit (FD)? PPF usually offers higher interest than bank FDs and is tax-free, whereas FD interest is taxable as per your income tax slab.
Can I transfer my PPF account? Yes, you can transfer your PPF account from a Post Office to a Bank or vice versa, and also between different branches across India.