Question 1

What is the current PPF interest rate?

Accepted Answer

The current PPF interest rate is 7.1% per annum (as of FY 2024-25), compounded annually. The rate is reviewed and set by the Government of India every quarter.

Question 2

What is the lock-in period for PPF?

Accepted Answer

PPF has a mandatory lock-in period of 15 years. After maturity, it can be extended in blocks of 5 years. Partial withdrawals are allowed from the 7th financial year onwards.

Question 3

What is the maximum deposit limit for PPF?

Accepted Answer

The minimum annual deposit for PPF is Rs 500 and the maximum is Rs 1,50,000. Deposits up to Rs 1.5 lakh qualify for tax deduction under Section 80C of the Income Tax Act.

Financial Calculators