How to Calculate Maturity Date of a PPF Account?

PPF comes with a lock-in period of 15 years. The important fact is that its maturity date is not calculated from the date of the opening of account. The maturity date is calculated from the end of the financial year in which the deposit was made as per the Public Provident Fund Scheme Rules, no matter in which month or date the PPF account was opened.


It is very simple to find out exactly when does your PPF account mature. Suppose you have opened your PPF Account and made your first contribution on August 20, 2018. The lock-in period of 15 years will be calculated from the end of the financial year in which you opened your account i.e. F.Y. 2018-19. Hence it will be calculated from March 31, 2019, and therefore, the date of maturity of your PPF account will be April 1, 2034.

It is to be noted that PPF maturity always happens on 1st April and not at any other date of any year. People generally add 15 years to the date of opening of PPF account to find out the maturity date which is not a correct practice.

So, technically, we can say that any PPF account actually matures in 16 years.