PPF EXTENSION
Should you close your PPF account after becoming an NRI? Here’s what to know about maturity, withdrawal, and tax rules
Moving abroad as an NRI? Your PPF account might not need immediate closure. Discover how your contribution, withdrawal, and maturity options change. Understand the crucial differences between becoming an NRI and a foreign citizen, and navigate the tax implications in your new country of residence.
PPF rules for NRIs: Can non-resident Indians open PPF account in India?
A Public Provident Fund (PPF) is a long-term, small savings scheme offered by the government of India. The PPF offers an attractive interest rate and tax benefits under the Old Tax Regime. The PPF interest rate is 7.1% for this quarter. Interest earned is tax-free under the Income Tax Act 2025.
Rs 1.54 crore retirement corpus through PPF: How many years will it take if you invest Rs 1.5 lakh a year?
PPF calculator: Aspiring to build a substantial retirement fund? The Public Provident Fund (PPF) offers a compelling avenue for low-risk investors. By consistently investing the maximum annual limit of Rs 1.5 lakh, individuals starting at age 30 can amass an impressive by age 60.
₹50 lakh to ₹1.4 crore: How extending your PPF can add lakhs to your corpus and who should do it
PPF maturity presents a choice: withdraw or extend for continued tax-free compounding. While government backing and tax benefits remain attractive, especially for high-income earners, individual circumstances dictate the optimal decision. Understanding extension rules and recent changes is crucial for effective retirement planning.
How can you make Rs 1 crore retirement corpus from PPF investment?
The PPF maturity period is 15 years, after which, you can continue your PPF account with or without contributions. PPF provides a 7.1% interest rate, which is reviewed quarterly. But if we assume that the interest rate won’t change, your PPF investment can help you build a Rs 1.03 crore corpus in 25 years.
- Go To Page 1
Public Provident Fund: Has the interest rate for July-September 2025 been revised?
PPF offers tax benefits under Section 80C, with interest and maturity amounts being tax-free. Resident individuals can open a PPF account with a minimum deposit of Rs 500 and a maximum of Rs 1.5 lakh annually.
Public Provident Fund (PPF): Was interest rate changed for April-June 2025 quarter?
The Public Provident Fund (PPF) in India remains a popular long-term investment option with a 15-year lock-in period and EEE tax status. The government has kept the PPF interest rate unchanged at 7.1% for the April-June 2025 quarter. Contributions offer tax benefits and the interest earned is tax-free.
Latest PPF interest rate in 2025: What is the Public Provident Fund interest rate for January – March 2025?
PPF interest rate in 2025: One of the popular schemes under small savings schemes is Public Provident Fund (PPF) which is a long-term savings instrument that encourages customers to save while providing them tax benefits. The government has kept the small savings schemes interest rates unchanged.
Irregular PPF accounts: New rules from Oct 1, 2024 for regularisation of 3 types of irregular Public Provident Fund accounts
On August 21, 2024, the ministry released a circular that established the procedures for handling the regularization of unlawfully opened accounts in different National Small Savings Schemes via post offices. The circular explains the new regulations for regularizing irregular PPF, Sukanya Samriddhi Yojana, and other small savings schemes, which will be effective from October 1, 2024.
Tax-saving investment: 7.1% interest in PPF or 8.25% returns in VPF; which is a better option to save tax this year?
Tax-saving investment ideas FY23-24: PPF has been a go-to option for traditional investors to save tax while planning for retirement. Is there any other option that offers higher returns, lowers your income tax outgo, and saves money for long-term goals? Yes, Voluntary Provident Fund (VPF). How does it VPF fare when compared to PPF Public Provident Fund (PPF) or Voluntary Provident Fund (VPF) — which is a better option for you to save tax in the financial year 2023-24.
Post office schemes rules changed: Govt makes changes to PPF, Senior Citizen Savings Scheme (SCSS), 5-year time deposit
On November 7, 2023, the government released a notification that made numerous significant modifications to the popular SCSS, PPF, and 5-year post office time deposit. Here is a look at the changes made to these small savings schemes.
How to extend PPF account after it matures; three options to consider
PPF account matures after 15-year lock-in term. But what about once it reaches maturity? What choices are available to you if you wish to keep using your PPF account?
Why all fathers' must open a PPF account for their kids
Once your kid has become an adult and the PPF account has completed its mandatory lock-in period of 15 years, he/she can decide whether to close the PPF account or extend it. Opening PPF account for kids when they are minor, helps them to avoid lock-in in the future years. Here is how.
What to do with PPF account after it completes 15 years
PPF is one of the most preferred investment options due to its tax-exempt status. However, once the PPF account complete its 15 years, an account holder may be confused about what he can do now to earn tax-free returns and with lower lock-in periods. Once the PPF account is matured, an individual account holder has three options.
PPF scheme: Here are 10 things you should know
Public Provident Fund, commonly known as PPF, is a fixed income investment product that is used for tax-saving purposes by individuals. Though the USP of PPF is the Exempt-Exempt-Exempt tax status, there are 10 other things that an investor should know about it.
7 reasons why PPF is one of the most preferred tax saving investments
If the investment is for a long-term goal, then PPF is an option for such aggressive investors as well as it gives the desired stability and optimum return in the debt portion of the portfolio.
How to open PPF account online with HDFC Bank?
To open a PPF account, you no longer need to go to the post office or bank. This can also be done online. Various banks allow customers to open and operate a PPF account online. Here is how HDFC Bank customers can open a PPF account via its Internet banking facility. Details are as per the HDFC Bank website.
Can I split PPF investment money between my account and my minor son's account?
Under the PPF Scheme, 2019, Rule-3 sets the limits on the number of accounts which an individual can open. The rule allows opening of one’s own account, and also on behalf of minor or a person of unsound mind of whom he or she is the guardian.
How to deal with your PPF account on maturity
You can get the maturity proceeds transferred to your savings account by submitting an application to the bank or post office in the prescribed format with details of PPF and savings accounts.
Can I continue to invest in PPF, Sukanya Samriddhi Yojna, mutual fund SIPs after I relocate abroad?
NRIs can't invest in PPF. So far as SIPs are concerned, whether you can continue with them will depend on the particular mutual fund.
How to extend PPF account after it matures
Although Public Provident Fund has a lock-in period of 15 years you have the option to take a loan against it or make partial withdrawals during its tenure.
Things you should know when your PPF matures
Completion of 15 years of the account takes place from 1 April of the year following the date of opening of the account.
NRIs can continue their PPF account now; Earlier it was to close on losing resident status
An NRI cannot invest in PPF, however, if one's residential status subsequently changed to NRI, the account was allowed to be run till maturity.
Small savings rate cut: Should you close your PPF account?
The PPF rate is down and could dip further as interest rates are cut. If your account is about to complete 15 years, here’s what you should know.
Why extending your PPF account makes sense
Once the account has been classified as "extended without any further contribution" you cannot make any fresh contribution for next five years.
Why PPF is not an attractive investment option for NRIs
Firstly as an NRI you cannot open PPF account. Secondly, if you live in US or UK, you will have to pay tax there on your PPF earnings.
Banks asked to close 15-yr old PPF a/c of HUFs
The HUFs henceforth will not be allowed keep their accounts functional for the extended period of five years after completion of 15 years.
HUFs will have to leave PPF after 15 years
The move is aimed at checking misuse as several people were investing in PPF to earn 8% tax-free return as an individual as well as an HUF, which are set up by family members to avail of tax benefits.
Load More
