Nowadays, there is a period of inflation. In such a situation, it is very important to save some part of your income and invest it in a place where you get strong returns and your money is also safe. PPF scheme is one such special scheme in today’s time, in which if you invest your money, you get excellent returns.
Special features of the PPF scheme
The government guarantees you security by investing in the PPF scheme. You are given the benefit of interest at the rate of 7.1 percent on the amount invested by you in this scheme. You can raise to Rs 10 lakh for your future by saving ₹ 100 every day in this government scheme.
How to invest in the PPF scheme
If you open your account in the PPF scheme, you can also invest ₹ 500 annually in it, and maximum you can invest up to one and a half lakh rupees in it, on which you are given the benefit of interest at the rate of 7.1 percent.
This is a fixed interest, the government does not change it. The special thing about the PPF scheme is that in this you are given the benefit of more interest than the FDs of many banks.
Let us tell you that the duration of this scheme is 15 years, that is, you have to invest your money in this scheme for 15 years.
Benefits of investing in the PPF scheme
Safe investment: Investing in the PPF scheme is completely safe. The government guarantees this scheme.
Fixed interest: You get a guarantee of fixed interest in this scheme, which does not change from time to time.
Tax benefits: You also get tax benefits by investing in the PPF scheme.
Flexibility: You can invest regularly or in a lump sum amount in this scheme.
How much will you get by investing ₹ 100 daily in PPF
If you invest ₹ 100 daily in the PPF scheme, then you can create a big fund of up to Rs 10 lakh in it. Let’s know how. If you invest ₹ 3000 every month in this scheme, then according to this, the total sum of your annual savings is ₹ 36000.
Now you have to deposit this money for 15 years, so according to this, the total amount invested by you is Rs 5.40 lakh. On this, you are given the benefit of interest at the rate of 7.1 percent. According to this, you get a total return of Rs 9,76,370 from the PPF scheme.
Tips to invest in PPF scheme
Start early: The sooner you start investing in the PPF scheme, the more time your money will have to earn interest.
Invest regularly: Try to invest a fixed amount every month.
Set goals: Invest keeping in mind your financial goals.
Take advantage of tax benefits: Take full advantage of the tax benefits you get by investing in the PPF scheme.
PPF scheme is a great option to secure your future. By investing in this scheme, you can not only keep your money safe but can also become financially strong in the future.