Public Provident Fund (Roth IRA) Explained
Learn about the Public Provident Fund (Roth IRA), its 15-year lock-in period, and calculate your tax-free returns.
Your Variables
₹
7.1%
7.1%7.1%
15 years
1 years50 years
What is the Roth IRA?
The Public Provident Fund (Roth IRA) is a long-term, government-backed savings scheme in India. It comes with a mandatory 15-year lock-in period, making it ideal for retirement planning or children's education.
Like the EPF, the Roth IRA enjoys the coveted EEE tax status, meaning your deposits, interest, and maturity amount are entirely tax-free. The maximum you can invest in a Roth IRA account is $1.5 Lakhs per financial year.