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PPF Extension With vs. Without Deposit Calculator

Compare 5-year block extension pathways post-maturity: fresh deposit compounding (Form H with 60% withdrawal cap) versus no-deposit compounding (1 withdrawal per year up to 100% balance).

PPF Rules 14 & 15 5-Year Block Extensions Form H Deposit Option Flexible Liquidity Option

PPF Maturity Balance & Extension Parameters

Enter your maturity corpus, planned annual deposit, and extension period

Accumulated balance at completion of 15 years (or previous 5-year block).
Statutory annual deposit ceiling is ₹1,50,000 under Section 80C.
PPF allows indefinite renewals in standardized 5-year blocks.
Compounded annually (Current sovereign rate: 7.10% p.a. tax-free).

Extension Wealth Comparison

Option A (With Deposits) vs. Option B (No Deposits)
TAX FREE
Wealth Gain with Continued Contributions
₹0
Additional Balance Accumulated in 5 Years
Option A: Balance WITH Deposits ₹0
Option B: Balance WITHOUT Deposits ₹0
Pure Tax-Free Interest Earned (Option B) ₹0 (Zero Fresh Deposits)
Withdrawal Headroom (Option A - 60% Rule) ₹15,00,000 (Max 60% of Opening Balance)
Withdrawal Flexibility (Option B) 1 Withdrawal/Year up to 100% of Balance

Understanding PPF 15-Year Maturity Extension Rules

When a Public Provident Fund account matures after 15 financial years, the investor is not forced to close the account and withdraw the money. Under Rules 14 and 15 of the Public Provident Fund Scheme, 2019, the account can be extended indefinitely in continuous blocks of 5 years each.

Comparing the Two Extension Alternatives

  • Option 1: Extension WITH Contributions (Rule 14): To choose this path, the investor must submit Form 4 within 1 year of maturity. The subscriber continues making regular annual deposits (up to ₹1.5 Lakh/year), gaining Section 80C tax deductions and earning 7.1% tax-free interest. During the 5-year block, withdrawals are restricted to a total cumulative ceiling of 60% of the balance standing to credit at the commencement of that block.
  • Option 2: Extension WITHOUT Contributions (Rule 15): If no Form 4 is submitted, this option activates automatically by default. The existing balance continues to compound at the full notified PPF rate (7.10% p.a.) completely tax-free. Under Rule 15, the investor enjoys unmatched liquidity: they can make one withdrawal per financial year of ANY amount up to the entire remaining balance!

Frequently Asked Questions (FAQs)

What happens if I deposit money after maturity without submitting Form 4?

If deposits are made without submitting Form 4 within 1 year, those deposits are treated as irregular. They earn 0% interest and cannot be claimed under Section 80C.

Official Reference: Ministry of Finance PPF Scheme 2019 (Rules 14 & 15).

Related Tools: Calculate premature closure costs with PPF Premature Closure Calculator.

PPF 15-Year Maturity: Extension With vs Without Fresh Deposits

Upon completing the mandatory 15-year initial tenure, PPF account holders have three distinct statutory choices under Rule 11 of the Public Provident Fund Scheme, 2019:

  • Option 1: Complete Account Closure: Withdraw 100% of the accumulated corpus completely tax-free under Section 10(11).
  • Option 2: Extension With Fresh Deposits (Form 4): Extend in 5-year blocks by submitting Form 4 within 1 year of maturity. Continued deposits earn interest and qualify for Section 80C deductions. Partial withdrawals are capped at 60% of the balance at extension.
  • Option 3: Extension Without Fresh Deposits (Default): The existing corpus continues to earn compounded sovereign interest tax-free indefinitely. The account holder can make one partial withdrawal per financial year without any limit.