Most people worry about their future. Everyone wants to make their future financially strong, for which people join some schemes. We will tell you about a scheme where the money will be safe after investing, and you will also benefit from it in the future.
Excellent schemes are being run by the post office, which is counted among the trusted institutions of India. The post office is a government institution where you will quickly get good returns after investing. You can open an account under the PPF scheme in the post office, where you will get a decent return. This is a safe investment where there is no chance of losing money. If you miss the opportunity to invest, you must regret it.
Invest in the PPF scheme with conditions.
If you open a PPF scheme account in the post office, you will quickly benefit from decent interest. There will be no problem with this. By joining the PF scheme, you must save Rs 70 per day. According to this, PPF account holders must invest Rs 21 per month.
By doing this, you will have to invest Rs 25200 every year. The policyholder will have to invest this much till the age of 15 years. In this, you will get the benefit of 7.1 per cent interest. According to this, you will quickly benefit from Rs 6 lakh 83 thousand on maturity of 15 years. You can easily withdraw money on maturity, so there will be no problem. If you want to collect your money in the future, join this scheme in time, so there is no need for any situation.
You can withdraw money even before maturity.
If you need money before maturity, then there will be no problem. You can withdraw money from PPF. You can withdraw the entire amount from the PPF account on medical grounds. If someone in the family falls ill, there is a provision to withdraw money from the scheme.
Some of its rules have to be fulfilled. Also, if you need money for your children’s higher education, you can close your PPF account beforehand. If the account holder dies in between, the nominee can also withdraw the money.