Post Office Special Scheme: The government runs various investment schemes that allow people to earn good profits. One such scheme is the Post Office PPF or Public Provident Fund Scheme. By investing small amounts in the Post Office PPF scheme, you can build a large fund over time. In this article, we will share all the details about this special post office scheme.

Invest in a High-Return Scheme for a Secure Future

Everyone wants to invest in a scheme that offers high returns. The government provides various investment options where people can earn good profits. One such scheme is the Post Office PPF (Public Provident Fund) Scheme. By investing a small amount regularly, you can build a substantial fund and earn significant interest.

What is the Post Office PPF Scheme?

The Post Office PPF Scheme is a long-term investment plan that allows individuals to invest from Rs 500 to Rs 1.50 lakh per year. The scheme has a maturity period of 15 years, meaning you need to invest continuously for 15 years. Currently, the interest rate on PPF is 7.1% per annum.

How Much Can You Earn?

  • If you save Rs 70 daily, you will accumulate around Rs 25,000 in a year.
  • By investing Rs 25,000 annually in the Post Office PPF scheme for 15 years, your total investment will be Rs 3,75,000.
  • At an interest rate of 7.1%, the maturity amount after 15 years will be Rs 6,78,035.
  • Out of this, Rs 3,03,035 will be the total interest earned.

Profit at Maturity

By the end of 15 years, your Rs 3,75,000 investment will grow to Rs 6,78,035, giving you a profit of around Rs 3 lakh.

How to Apply for the Post Office PPF Scheme?

  1. Visit a Post Office: Go to the nearest post office offering PPF accounts.
  2. Fill out the Application Form: Complete the PPF account opening form with personal details.
  3. Submit Documents: Provide identity proof (Aadhaar, PAN), address proof, and passport-sized photos.
  4. Make Initial Deposit: Invest a minimum of Rs 500 (up to Rs 1.5 lakh annually).
  5. Get Your Passbook: Receive a PPF passbook with account details.
  6. Start Investing: Make regular deposits to build a substantial corpus over 15 years.