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PPF Investment Tips: Big News! By investing so much every month, you can get 12 lakh rupees in a short time, know how

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Better returns can be obtained from PPF by investing over a long period of time. By depositing only Rs 1000 every month, you can get more than Rs 12 lakh. It was started in 1968 by the National Savings Organization as a small savings. Let’s know the details about this scheme?


PPF: Everyone has understood the importance of saving in the Corona era. Most of the earners are looking for such investment option where the investment is safe and returns are also good. Public Provident Fund (PPF) can be a better option for such people. It also has the least risk. Also, there is a saving of tax as well.

Investment in PPF is fully protected from the government. You can also get good profits by investing in it. You just need to invest carefully. Better returns can be obtained from PPF by investing in the long term. By depositing only Rs 1000 every month, you can get more than Rs 12 lakh. It was started in 1968 by the National Savings Organization as a small savings.

Know how much interest you will get
The central government changes the interest rate on the PPF account every quarter. The interest rate is usually 7 percent to 8 percent, which may increase or decrease slightly depending on the economic situation. At present, the interest rate is 7.1 percent, which is compounded annually. This is more than the fixed deposits of many banks.

You can invest a minimum of Rs 500 and a maximum of Rs 1.5 lakh every year in a PPF account. Its maturity period is 15 years. After that you can withdraw this money or you can carry forward for every 5 years.

Know the account of the whole scheme
If you deposit Rs 1000 every month in PPF account, then in 15 years your investment amount will be Rs 1.80 lakh. An interest of Rs 1.45 lakh will be available on this. That is, after maturity, you will get a total of Rs 3.25 lakh. Now if you extend the PPF account for 5 more years and continue investing Rs 1000 every month, then your total investment amount will be Rs 2.40 lakh. An interest of Rs 2.92 lakh will be available on this amount. In this way after maturity you will get Rs 5.32 lakh.

If you extend it thrice for 5-5 years after the maturity period of 15 years (total thirty years) and continue to invest Rs.1000 every month then the total amount invested by you will be Rs.3.60 lakhs Will go 8.76 lakh will get interest on this. In this way, a total of Rs 12.36 lakh will be available on maturity.

Loan facility
If you have invested in PPF, then the facility of taking loan is also available on this account. But to take advantage of this, it will be available in the third or sixth year of account opening. On completion of 6 years of PPF account, you can also withdraw a small amount of money.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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