If you are planning for your future and want to invest in a scheme for a long time. In such a situation, today we are going to tell you about a very wonderful scheme. The most special thing about this scheme is that by investing in it you will not have to face any kind of market risks. The name of this scheme is Public Provident Fund. This scheme is quite popular in the country. People invest in it on a large scale across the country. By investing in this scheme you can collect funds worth lakhs of rupees. By investing in PPF you also get many great benefits. At present, by investing in this scheme you are getting an interest rate of 7.1 percent. Let us know about it in detail in this episode -
The amount of money you invest in PPF. It becomes mature after 15 years. After a maturity of 15 years, you can invest in this scheme for 5-5 years.
You can invest a minimum of Rs 500 and a maximum of Rs 1.5 lakh annually in PPF. If you want to collect Rs 21.69 lakh.
For this, you will have to save Rs 6,666 every month and invest about Rs 80 thousand annually. Calculate this at the current interest rate of 7.1 percent, when your policy matures in 15 years.
During that time you will have around Rs 21,69,712. This money will fulfill important purposes related to your future. Apart from this, you will also be able to secure your future financially.
(PC: iStock)