Rs 400 could be the cost of your mobile recharge or the cost of your favorite breakfast at a restaurant. But you can convert these 400 rupees into a fund of crores of rupees, it is just necessary for you to invest it in a better way. This method of investment is not only safe but also more profitable than the stock market and other methods of investment that are being seen at present. After all, we all look for a better investment plan to secure our future. In today's era, people are preferring to invest in mutual funds and the stock market. It is worth noting that the risk of market risks is very high in this area of investment.
At the same time, in today's era, when the world system is going through an upheaval. In such a situation, most people are preferring to invest their money in a safe place. If you are also looking for a similar savings scheme. In such a situation, today we are going to tell you about a very wonderful scheme. Let us know what is that scheme, in which you can become a millionaire by investing Rs 416. The name of this scheme is Public Provident Fund. At present, you are getting an interest rate of 7.1 percent on investing in this scheme.
You can invest in Public Provident Fund Scheme for 15 years. However, after 15 years, you can invest further in this scheme for 5-5 years. In this episode, let us understand that math, with the help of which you can collect a fund of Rs 1.54 crore by saving Rs 416.
If you save Rs 416.66 daily. In this case, you will be able to collect a total of Rs 12,500 every month. You have to invest Rs 1,50,000 every year in Public Provident Fund by collecting Rs 12,500 every month.
Calculate the current interest rate at 7.1, if you do this investment for the full 30 years. In this case, you will have a total of Rs 1,54,50,911 at the time of maturity. With the help of this money, you will be able to live your future life happily. Public Provident Fund: If you have 416 rupees in your pocket, you can also become a millionaire, invest money here immediately
Rs 400 could be the cost of your mobile recharge or the cost of your favorite breakfast at a restaurant. But you can convert these 400 rupees into a fund of crores of rupees, it is just necessary for you to invest it in a better way. This method of investment is not only safe but also more profitable than the stock market and other methods of investment that are being seen at present. After all, we all look for a better investment plan to secure our future. In today's era, people are preferring to invest in mutual funds and the stock market. It is worth noting that the risk of market risks is very high in this area of investment.
At the same time, in today's era, when the world system is going through an upheaval. In such a situation, most people are preferring to invest their money in a safe place. If you are also looking for a similar savings scheme. In such a situation, today we are going to tell you about a very wonderful scheme. Let us know what is that scheme, in which you can become a millionaire by investing Rs 416. The name of this scheme is Public Provident Fund. At present, you are getting an interest rate of 7.1 percent on investing in this scheme.
You can invest in Public Provident Fund Scheme for 15 years. However, after 15 years, you can invest further in this scheme for 5-5 years. In this episode, let us understand that math, with the help of which you can collect a fund of Rs 1.54 crore by saving Rs 416.
If you save Rs 416.66 daily. In this case, you will be able to collect a total of Rs 12,500 every month. You have to invest Rs 1,50,000 every year in Public Provident Fund by collecting Rs 12,500 every month.
Calculate the current interest rate at 7.1, if you do this investment for the full 30 years. In this case, you will have a total of Rs 1,54,50,911 at the time of maturity. With the help of this money, you will be able to live your future life happily.
(PC: Freepik)
