Post Office Scheme: If you are thinking of investing in a scheme, then this news can be special for you. Let us tell you that many savings schemes are being operated through the post office. Through which investors are getting good returns along with safe investment.
If you are also thinking of getting great returns, then PPF scheme can prove to be useful for you. This scheme is being operated through the post office. To take advantage of this, you can go to any bank and open a PPF account.
PPF scheme is a guaranteed scheme. Which is also very popular among the people. Through this scheme you can secure your retirement. Along with this, you can also make your child’s future better. This is a long term savings scheme. Let us know how much return is received in PPF scheme.
This much interest is available in PPF
For information, let us tell you that PPF scheme is being operated through post office. You can open its account in any nearby post office or bank. Talking about the interest received in this scheme, at this time interest is being given at the rate of 7.1 percent. After which you can get a good return.
Start investing with just Rs 500
For information, let us tell you that you can start investing in PPF scheme with just Rs 500. The maturity of this scheme is in 15 years. Apart from this, if you want to continue the investment, then you can extend the account for 5-5 years. If you want to start investing in this scheme, then you can invest a minimum of Rs 500 and a maximum of Rs 1.5 lakh in a financial year. In this scheme, investors get tax benefits and the amount received on maturity is tax free.
Know how much money you will get
For information, if you want to get Rs 6.5 lakh from PPF scheme, then you will have to invest Rs 2 thousand monthly for 15 years. On the other hand, if you invest Rs 2 thousand, then your total investment becomes Rs 24 thousand in a year. In this way, after investing for 15 years, Rs 3 lakh 60 thousand will be deposited, after which interest is received on this amount.