Most of us want to get good returns on our savings. However, due to a lack of information, we are not able to invest our savings in a good place from where we get good returns. If you want to invest your savings money in a wonderful place. In such a situation, today we are going to tell you about a very wonderful scheme of the government, where you are getting excellent interest rates on investment. The name of this scheme of the government is the Public Provident Fund Scheme. At present, by investing here you are getting an interest rate of 7.1 percent. By investing in the Public Provident Fund Scheme, you also get many great benefits. In this episode, let us know about this scheme in detail -
The money you invest in the Public Provident Fund Scheme matures in 15 years. In this scheme, you have to invest a minimum of Rs 500. You can invest a maximum of up to Rs 1.5 lakh in this scheme annually.
In this episode, today we are going to tell you about mathematics with the help of which you can save Rs 10,000 and collect Rs 32.54 lakh at the time of maturity.
For this, you have to save Rs 10,000 every month and invest Rs 1,20,000 in the Public Provident Fund Scheme annually. You have to make this investment for a full 15 years.
If you calculate the current interest rate at 7.1 percent, you will have Rs 32.54 lakh at the time of maturity. With this money, you can fulfill all the important purposes related to your future.
(PC: ISTOCK)
