If you want to invest your savings money in a good place. In such a situation, today we are going to tell you about a very wonderful scheme. The name of this scheme is Public Provident Fund Scheme. By investing in this government scheme, you will not have to face any kind of market risks. Apart from this, you also get good returns by investing here. At present, by investing in Public Provident Fund Scheme, you are getting an interest rate of 7.1 percent. If you want to collect a big fund to secure your future. In such a situation, you can invest here. In this series, let us understand the mathematics of investment with the help of which you can collect Rs 1 crore by investing Rs 12,500 in the Public Provident Fund Scheme.
For this you have to open your account in Public Provident Fund Scheme. After that, you will have to save Rs 12,500 every month and invest Rs 1.5 lakh annually in this scheme.
You will have to make this investment of Rs 1.5 lakh annually for 25 years. At the time of maturity after 25 years, you will have a huge corpus of around Rs 1 crore.
With this money you will be able to live your future life financially prosperous. Apart from this, you will also be able to fulfill all the important purposes related to your future through this.
Your money invested in Public Provident Fund Scheme matures in 15 years. However, you can extend it further for 5-5 years. In this scheme you can invest minimum Rs 500 and maximum Rs 1.5 lakh annually.
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