PPF: Are you also worried about your future? then this article is for you. Today we are going to tell you about a very great scheme, where you can collect the entire Rs 82.46 lakh at the time of maturity by investing only 10 thousand rupees.
PPF Scheme
The scheme we are going to tell you about today is completely safe; the money invested in it will not face the risks of any kind of market risk. The name of this scheme is Public Provident Fund Scheme. This scheme is very popular in the country. It is also known as PPF. At present, you are getting an interest rate of 7.1 percent on investing in this scheme. In this episode, let us know in detail about the Public Provident Fund Scheme:
In the Public Provident Fund Scheme, you can invest a minimum of Rs 500 and a maximum of Rs 1.5 lakh annually. The maturity period of this scheme is for a total of 15 years. However, after 15 years, you can extend your investment tenure for another five years. You can collect a good amount by investing in this scheme for a long time period.
Earn lakhs through PPF.
To collect a large amount of Rs 82.46 lakh, you first have to open an account in the PPF scheme. After opening an account, you have to save 10 thousand rupees every month and invest 1,20,000 rupees annually. You have to make this investment for the full 25 years. If you calculate the current interest rate of 7.1 percent, then you will have Rs 82,46,412 at the time of maturity. This money will not only secure your future financially, but you will also be able to fulfill the necessary purposes related to your future with its help.