1 week ago

PPF Monthly Investments Could Build Large 15-Year Corpus

PPF calculator: ₹1,000, ₹5,000 or ₹10,000 monthly investment can build this corpus in 15 years · livemint.com

The Public Provident Fund, or PPF, is a government-backed savings plan.

People can deposit money regularly and earn interest on it.

If the interest rate stays at 7.1%, ₹1,000 deposited each month could become about ₹3.25 lakh after 15 years.

Depositing ₹5,000 each month could result in about ₹16.27 lakh.

Depositing ₹10,000 each month could result in about ₹32.55 lakh.

These are estimates, because PPF interest rates can change in the future.

PPF normally lasts 15 years, but it can be extended in five-year blocks.

Contributions and interest may receive tax benefits under prevailing rules, while withdrawals and loans have conditions.

Key facts

Current PPF interest rate: 7.1% for the July–September 2026 quarter
Initial tenure: 15 years
Extension option: Five-year blocks after the initial tenure
Annual deposit range: ₹500 to ₹1.5 lakh
Estimated corpus from ₹1,000 monthly: ₹3.25 lakh after 15 years
Estimated corpus from ₹5,000 monthly: ₹16.27 lakh after 15 years
Estimated corpus from ₹10,000 monthly: ₹32.55 lakh after 15 years
Tax and access features: Eligible contributions may qualify for Section 80C deductions; interest is tax-free under prevailing provisions, and loans and partial withdrawals are permitted subject to conditions.

livemint.com · 1 week ago