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Ubify Financial Advisory Board
FINANCIAL ANALYSTS & CPA REVIEWERS
About This Tool
India's Public Provident Fund (PPF) is a government-backed long-term savings scheme offering guaranteed, tax-free interest under Section 80C. The scheme runs for a statutory 15-year maturity period and currently offers a government-notified interest rate of 7.1% compounded annually. Deposits can range between ₹500 and ₹1,50,000 per financial year.
This calculator projects your year-by-year 15-year growth schedule, detailing opening balances, annual deposits, compounded interest earned, and closing balances. For example, depositing the maximum ₹1,50,000 annually at 7.1% across the full 15-year tenure results in total principal deposits of ₹22,50,000 (15 * ₹1,50,000) and an estimated maturity balance of approximately ₹40,68,209, generating ₹18,18,209 in cumulative tax-free interest. All calculations evaluate locally in client-side React state.
How to Use
- 1
Enter your annual investment amount (up to ₹1,50,000 per financial year).
- 2
Inspect the 15-year schedule table showing opening balances and yearly compound interest.
- 3
Compare your total invested principal against the total interest earned.
- 4
Review the projected final maturity amount available at the end of year 15.
Frequently Asked Questions
What interest rate is used for this PPF calculation?
The calculator uses the statutory 7.1% annual compounding interest rate notified by the Ministry of Finance.
What is the maximum yearly deposit permitted in a PPF account?
Under statutory rules, an individual can deposit up to ₹1,50,000 per financial year to claim tax benefits under Section 80C.
Are my financial savings figures sent to a server?
No. The schedule calculations run entirely inside your browser session without remote data transfer.