PPF Withdrawal Calculator India 2025

Calculate partial withdrawal, loan against PPF, and full withdrawal amounts with the latest 2025 rules. Check eligibility, limits, and tax implications for your Public Provident Fund account.

PPF Withdrawal Rules & Guidelines 2025

Complete guide to PPF withdrawal options with latest regulations

Partial Withdrawal

Eligibility: After 6 years from account opening
Limit: 50% of balance at end of 4th year or year before withdrawal
Frequency: Only one withdrawal per financial year
Tax: No tax implications

Loan Against PPF

Eligibility: After 1 year from account opening
Limit: 25% of balance at end of 2nd preceding year
Interest Rate: PPF rate + 1% (currently 8.1%)
Repayment: Within 36 months

Full Withdrawal

Maturity: After 15 years (no penalty)
Premature: After 5 years (with penalty)
Penalty: 1% reduction in interest rate
Tax: No tax on withdrawal amount

Key Points to Remember

Essential PPF withdrawal information

Extension Option: Account can be extended for additional 5-year blocks after maturity
With Contributions: 60% of balance can be withdrawn annually during extension
Without Contributions: Only original balance can be withdrawn during extension
Current Rate: 7.1% per annum (2024-25)
Investment Limits: ₹500 minimum, ₹1.5 lakh maximum per year
Tax Free: No tax on maturity amount including interest earned

💡 Pro Tip

Plan your withdrawals strategically. Consider extending your account for continued tax-free growth, and only withdraw when absolutely necessary to maximize your returns.

How to Withdraw from PPF Account

Step-by-step process for different types of PPF withdrawals

Documents Required

Withdrawal form (Form C for partial, Form A for closure)
Original PPF passbook
KYC documents (Aadhaar, PAN card)
Bank account details for credit
Self-declaration for partial withdrawal reason

Processing Time & Charges

Online: 7-10 working days
Offline: 15-20 working days
Processing Charges: Usually free
Loan Processing: Nominal charges may apply
TDS: No TDS on PPF withdrawals

PPF Account Extension Rules

Options available after 15-year maturity period

Extension with Contributions

Continue investing ₹500 to ₹1.5 lakh annually
Withdraw up to 60% of balance at extension time
One withdrawal per year allowed
Continue earning tax-free interest

Extension without Contributions

No new investments required
Interest continues to accrue
Withdraw only from original balance
One withdrawal per year allowed

💡 Extension Pro Tips

You can extend your PPF account multiple times in 5-year blocks. Submit Form H within one year of maturity to continue contributions. Extension is automatic if no action is taken within one year.

PPF Withdrawal Calculator FAQs

Everything you need to know about PPF withdrawal rules, eligibility, and procedures

What is PPF withdrawal and when can I withdraw money from my PPF account?

PPF (Public Provident Fund) withdrawal refers to taking money out of your PPF account. There are three types of withdrawals allowed:

Partial Withdrawal

After completing 6 years, withdraw up to 50% of the 4th preceding year balance

Loan Against PPF

After 1 year, take loan up to 25% of the 2nd preceding year balance at 8.1% interest

Full Withdrawal

After 15 years maturity or premature after 5 years with 1% penalty on interest

What are the current PPF withdrawal rules for 2025?

The PPF withdrawal rules for 2025 include several important updates:

  • Partial Withdrawal: After 6th year completion, maximum 50% of balance at end of 4th preceding year
  • Withdrawal Frequency: Only one partial withdrawal per financial year allowed
  • Loan Against PPF: Available from 2nd year, up to 25% of balance at end of 2nd preceding year
  • Loan Interest Rate: Current rate is 8.1% per annum for 2025
  • Loan Repayment: Must be repaid within 36 months
  • Premature Withdrawal: After 5 years with 1% penalty on total interest earned

Important: These rules are subject to government notifications. Always verify current rules with your bank or post office before making withdrawals.

How much can I withdraw partially from my PPF account?

Partial withdrawal amount depends on your account balance and the specific year of withdrawal:

Calculation Formula

Maximum Withdrawal = 50% × Balance at end of 4th preceding year

For example: If withdrawing in 2025 (7th year), you can withdraw 50% of your balance at the end of 2021 (4th preceding year).

Example Calculation

• PPF balance at end of 4th preceding year: ₹2,00,000

• Maximum withdrawal allowed: ₹2,00,000 × 50% = ₹1,00,000

• You can withdraw up to ₹1,00,000 in this financial year

Important Restrictions

  • Only one withdrawal per financial year allowed
  • Minimum withdrawal may be subject to bank/post office policies
  • Withdrawal reduces your total corpus and future interest earnings

What is the difference between PPF loan and partial withdrawal?

AspectPPF LoanPartial Withdrawal
EligibilityAfter 1 year of account openingAfter 6 years of account opening
Maximum Amount25% of 2nd preceding year balance50% of 4th preceding year balance
Interest8.1% p.a. on loan amountNo interest - it's your money
RepaymentMust repay within 36 monthsNo repayment required
Impact on BalanceTemporary - balance restored on repaymentPermanent reduction in corpus

Recommendation: PPF loan is better for temporary financial needs as you can restore your balance. Partial withdrawal should be used only for permanent financial requirements.

What are the tax implications of PPF withdrawal?

PPF withdrawals have different tax treatments depending on the type and timing:

Tax-Free Withdrawals

  • Partial withdrawal after 6 years - completely tax-free
  • Full maturity amount after 15 years - completely tax-free
  • PPF loan amount - not taxable (it's a loan, not income)

Taxable Scenarios

  • Premature withdrawal (5-15 years): Interest portion taxable + 1% penalty on interest
  • PPF loan interest payments: Not tax-deductible (unlike home loan interest)

EEE Status

PPF enjoys EEE (Exempt-Exempt-Exempt) status: Deposits are tax-deductible under Section 80C, interest earned is tax-free, and maturity proceeds are tax-free.

Can I extend my PPF account after 15 years and continue withdrawals?

Yes, you can extend your PPF account after 15 years maturity in two ways:

With Contributions

  • Continue making annual deposits (₹500 to ₹1.5 lakh)
  • Earn interest on entire balance
  • Get tax deduction under Section 80C
  • Can extend indefinitely in 5-year blocks

Without Contributions

  • No new deposits required
  • Existing balance continues to earn interest
  • No tax deduction benefits
  • Can extend indefinitely in 5-year blocks

Withdrawal During Extension

During extension period, you can make partial withdrawals of any amount once per year without restrictions. This makes extended PPF very flexible for retirement planning.

Strategy Tip: Extension with contributions is ideal if you haven't exhausted Section 80C limit. Extension without contributions works well for retirees who want tax-free returns with withdrawal flexibility.

How do I apply for PPF withdrawal and what documents are required?

PPF withdrawal process is straightforward but requires proper documentation:

Required Documents:

  • PPF passbook
  • Application form (Form 2 for partial withdrawal)
  • Identity proof (Aadhaar/PAN)
  • Address proof (if required)
  • Bank account details for credit
  • Signature verification

Application Process:

  • Fill withdrawal application form
  • Submit at your PPF bank/post office
  • Bank verifies eligibility and amount
  • Processing time: 7-15 working days
  • Amount credited to registered bank account
  • Updated balance reflected in passbook

Online vs Offline

Many banks now offer online PPF withdrawal applications through net banking. Post office PPF accounts typically require physical visit for withdrawal applications.

What happens if I don't meet the minimum contribution requirement after PPF withdrawal?

PPF accounts have minimum annual contribution requirements, and withdrawals can affect this:

Minimum Contribution Rule

You must contribute at least ₹500 per financial year to keep your PPF account active. If you fail to meet this requirement, your account becomes dormant.

Dormant Account Consequences

  • No interest earned on the balance
  • Account cannot be used for withdrawals or loans
  • 15-year maturity period gets extended
  • ₹50 penalty per year of default

Reactivation Process

To reactivate: Pay ₹500 for the current year + ₹50 penalty for each year of default. For example, if dormant for 3 years: Pay ₹500 + (₹50 × 3) = ₹650 to reactivate.

Important: Withdrawal doesn't affect minimum contribution requirement. You still need to deposit at least ₹500 annually regardless of withdrawals made.

Should I withdraw from PPF or continue saving for better returns?

The decision to withdraw from PPF depends on your financial goals and alternative investment options:

Continue PPF When:

  • You want guaranteed tax-free returns (currently 7.1%)
  • You have other sources for current financial needs
  • You prefer conservative, low-risk investments
  • You want to maximize long-term wealth with compounding
  • You haven't exhausted Section 80C tax benefits

Consider Withdrawal When:

  • You have urgent financial needs (medical, education, etc.)
  • You can invest in higher-return opportunities (equity, business)
  • You need funds for home down payment or EMI
  • Your risk appetite allows for market-linked investments

Smart Strategy

Use PPF loan first for temporary needs (if eligible). For permanent needs, consider the opportunity cost: Can you earn more than 7.1% tax-free elsewhere? If not, avoid withdrawal and arrange funds through other means.

Expert Tip: PPF's tax-free returns of 7.1% are equivalent to about 10-12% taxable returns (depending on your tax bracket). This makes PPF very competitive even compared to equity investments.

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