PPF Withdrawal Calculator

Calculating your PPF withdrawal amount takes less than a minute:

1. Enter your current PPF balance as shown in your passbook or account statement.
2. Enter the financial year of account opening to determine your account's age and withdrawal eligibility.
3. Select the type of withdrawal — partial withdrawal, premature closure, or full maturity withdrawal.
4. Click Calculate to instantly see the maximum amount you can withdraw and any applicable conditions.

The calculator clearly shows whether you are eligible for withdrawal and the exact amount you can claim based on PPF rules.

PPF withdrawal rules depend on the age of your account:

• Before 5 years — No withdrawal or premature closure is allowed under normal circumstances. Premature closure is only permitted in exceptional cases like life-threatening illness or higher education, subject to a 1% interest penalty.
• From 7th year onwards — Partial withdrawals are allowed once per financial year, up to 50% of the balance at the end of the 4th year preceding the withdrawal year, or the balance at the end of the immediately preceding year, whichever is lower.
• After 15 years (Maturity) — You can withdraw the full maturity amount, completely tax-free, along with all accumulated interest.

The maximum partial withdrawal amount from PPF is calculated as follows:

Max Withdrawal = 50% of Lower of (Balance at end of 4th preceding year OR Balance at end of immediately preceding year)

For example, if you are withdrawing in FY 2025-26 (Year 10 of your account):

• Balance at end of FY 2021-22 (4th preceding year) = ₹4,00,000
• Balance at end of FY 2024-25 (immediately preceding year) = ₹6,50,000
• Lower of the two = ₹4,00,000
• Maximum withdrawal = 50% of ₹4,00,000 = ₹2,00,000

Premature closure of a PPF account before the 15-year maturity is only permitted after completion of 5 financial years from account opening, and only under specific conditions:

1. Life-threatening illness of the account holder, spouse, dependent children, or parents.
2. Higher education expenses of the account holder or dependent children.
3. Change in residency status — if the account holder becomes a non-resident Indian (NRI).

In all premature closure cases, a 1% interest penalty is applied — meaning the interest rate applicable to your account is reduced by 1% for all years preceding the closure.

At the end of the 15-year lock-in period, you have three options:

• Full withdrawal — Withdraw the entire maturity amount, completely tax-free.
• Extension without contribution — Extend the account without making further contributions. The existing balance continues to earn interest and can be withdrawn in one lump sum or partial amounts.
• Extension with contribution — Extend in 5-year blocks with continued annual contributions, maintaining full PPF benefits including Section 80C deduction.

Our calculator helps you plan your PPF withdrawals smartly by allowing you to:

• Instantly check your withdrawal eligibility based on account age
• Calculate the exact maximum amount you can withdraw
• Understand premature closure penalties before making a decision
• Plan partial withdrawals to meet financial needs without depleting your corpus