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Home FINANCE Govt’s tremendous scheme: By investing Rs 12,500, you can raise a fund...

Govt’s tremendous scheme: By investing Rs 12,500, you can raise a fund of Rs 66.58 lakh in these many years

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PPF Best Scheme: Investment made in a good place can give you good returns in a short time. However, there are many types of schemes in the investment market today. Due to this, choosing the right and good scheme is a very difficult task.

If you want to invest in a scheme keeping in mind the long term, where you get good returns, then this news is especially for you. Today we are going to tell you about a great investment scheme of the government. The special thing is that by investing in this scheme, you will not have to face any kind of market risks. The name of this scheme is Public Provident Fund Scheme. This investment scheme is quite popular in the country. Many people are investing here by opening their account.

Public Provident Fund Scheme is also known as PPF Scheme. By investing in this scheme, you are currently getting an interest rate of 7.1 percent. You can invest a minimum of Rs 500 in PPF Scheme.

Talking about the maximum limit of investment, it has been fixed at Rs 1.5 lakh per annum. The money you invest in the PPF scheme matures in 15 years. However, after the maturity period of 15 years, you can extend the investment period for another 5-5 years.

If you want to collect a big fund of Rs 66.58 lakh by investing Rs 12,500 in PPF scheme, then for this you have to first open your account in PPF scheme.

After opening the account, you have to save Rs 12,500 every month and invest Rs 1.5 lakh annually. You have to continue this investment for a total of 20 years. Currently, you are getting an interest rate of 7.1 percent on investing in this scheme. If you calculate at this interest rate, your fund will become Rs 66,58,288 in 20 years. 
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