Pubilc Provident Fund Accounts presenation

Deposits can be made in lump-sum or in 12 installments.
Joint account cannot be opened.
Account can be opened by cash/cheque and In case of cheque, the date of realization of cheque in Govt. account shall be date of opening of account.
Nomination facility is available at the time of opening and also after opening of account. Account can be transferred from one post office to another.​​​
The subscriber can open another account in the name of minors but subject to maximum investment limit by adding balance in all accounts.

1. P U B L I C
P R O V I D E N T
F U N D
ACCOUNTS

2. Introduction
Savings – cum - tax investment instrument in
India under PPF Act 1968
Long term Investment plan.
Rate Of Interest

3. 7 must know facts about PPF
 

Requires 100 to open a PPF a/c.
 

Minimum & Maximum Deposit Limit
 

For Loan, you can use your PPF a/c
 

Interest Calculation PPF
 

Premature Withdrawal from PPF
 

Offers Multiple tax benefits
 

Continue PPF after 15 years

4. Parameters NSC Tax saving
Fixed Deposit
PPF Recurring
Deposit
Min
/ Max
Investment
One
time
Investment
500
/ 100000
500
/ 100000
Varies
from bank
to
bank
Maturiry
Period
5
& 10 Yrs
5
Yrs
15
Yrs
6
Mnths to 10
Years
Interest
Rate
8.5%
& 8.8%
8
to10 %
8.% 8
to 10 %
Tax
on Interest
Taxable

(As
per
IT
Slab rate)
Taxable
(As
per
IT Slab
rate)
Tax
Free
Taxable
(As per
IT
Slab rate)
Premature
Withdrawal
Not
allowed
Not
Allowed
Available
from 7
th
year
Available
( On
the
remaining
balance)
Loan
Facility
Not
allowed
Not
Allowed
Can
be availed
from
3rd year
onwards
Available
(
depends from
bank
to bank)

6. Advantages
Extremely Low Risk
Great Returns
No Tax on earned Interest
Payment is flexible
Ideal Plan for self employed & Employed.

7. Disadvantages
Long Lock in Period
Lack of Liquidity
Interest rates keep changing

8. Sr
No
Years
Opening
Balance
Amount
Deposited
Interest Closing
Balance
Loan
Available
Withdrawal Available
1 2014
-15
0 12000 1044 13044 NA NA
2 2015-16 13044 12000 2179 27223 NA NA
3 2016-17 27223 12000 3412 42635 3261 NA
4 2017-18 42635 12000 4753 59388 6806 NA
5 2018-19 59388 12000 6211 77599 10659 NA
6 2019-20 77599 12000 7795 97394 14847 NA
7 2020-21 97394 12000 9517 118911 NA 21318
8 2021-22 118911 12000 11389 142300 NA 29694
9 2022-23 142300 12000 13424 167724 NA 38800
10 2023-24 167724 12000 15636 195360 NA 48697
11 2024-25 195360 12000 18040 225400 NA 59456
12 2025-26 225400 12000 20645 258054 NA 71150
13 2026-27 258054 12000 23495 293549 NA 83862
14 2027-28 293549 12000 26583 332132 NA 97680


15 2028-29 332132 12000 29939 374071 NA 112700

9. Loan Facility
Loan can be availed from 3
onwards till 6 Year
rd
Year
th
Amount should be 25% of the 1st year
end. Interest charged will be 2%
Must be repaid within 36 months

10. Who Can invest ?
Residents of India are eligible to open an
account
NRIs are not eligible to open an account
An a/c can be open under the name of
minor by his/her guardian

11. One can open a PPF a/c with Post Office
or any Nationalized bank
Account is Transferable

12. PPF Vs EPF

13. Tax Saving
Retirement
Planning
Public
Provident
Fund

14. Thank You..