Facebook Instagram Twitter Youtube
  • EMPLOYEES RIGHTS
  • PROPERTY RIGHTS
  • FINANCE
  • SALARY
  • TAX
  • EPF
  • JOB
  • Authors and Team
    • Complaint Redressal
    • Contact US
    • Cookie Policy
    • Correction policy
    • Disclaimer
    • DNPA Code of Ethics
    • Fact-Checking Policy
    • Onwership and Funding
    • Privacy Policy
    • Terms of Service
Search
Sign in
Welcome! Log into your account
Forgot your password? Get help
Password recovery
Recover your password
A password will be e-mailed to you.
Rightsofemployees.com
- Advertisement -
  • EMPLOYEES RIGHTS
  • PROPERTY RIGHTS
  • FINANCE
  • SALARY
  • TAX
  • EPF
  • JOB
  • Authors and Team
    • Complaint Redressal
    • Contact US
    • Cookie Policy
    • Correction policy
    • Disclaimer
    • DNPA Code of Ethics
    • Fact-Checking Policy
    • Onwership and Funding
    • Privacy Policy
    • Terms of Service
Home EPF PPF Account Details: Start investing in this government scheme with just Rs...
  • EPF
  • PF

PPF Account Details: Start investing in this government scheme with just Rs 500, returns up to 40 lakhs

By
Pravesh Maurya
-
August 28, 2022
0
593
Facebook
Twitter
Pinterest
WhatsApp
Telegram
    - Advertisement -

    PPF Account Details: If you are planning to invest, then this news is for you only. Today we will tell you about PPF Account. Investing here not only gives you good interest, but also helps in tax exemption. Also, there is no tension of risk here. This is a government scheme. Money can also be withdrawn from it if needed.

    - Advertisement -

    Account can be opened with Rs 500

    If you want to open a PPF account, then for this you have to go to the bank or post office. This is a government savings scheme, so the interest rate is decided by the government. PPF account can be started with only Rs 500. In PPF account, you have to deposit at least Rs 500 every year. It is not necessary that you submit it in one go. You can also deposit it little by little, as per your convenience.

    Have to invest at least Rs 500 every year

    Investing in PPF account earns 7.1 percent interest annually. Its maturity period is 15 years. If you do not deposit Rs 500 in a year, then your account is put in the category of default account. To make it active again, the remaining amount has to be deposited along with a penalty of Rs 50.

    You can invest even after 15 years

    On completion of 15 years of PPF account, you get back the entire money, including deposits and interest. But, if you do not need the money at that time, then you can carry it forward for the next 5 years also. You can continue this work even while depositing money further and, even after stopping depositing money, you can continue the account. After that again you can get it extended for another 5 years.

    Will get back up to Rs 40 lakh

    The PPF account gets maturity on completion of 15 years. At this time you get up to 40 lakh rupees. Let us tell you how much return you will get on investment of Rs. 

    • On depositing 1000 rupees a month – 3 lakh 15 thousand 572 rupees will be available
    • On depositing Rs 2000- Rs 6 lakh 31 thousand 135 will be available
    • On depositing Rs 3000 – Rs 9 lakh 46 thousand 704 will be available
    • On depositing Rs 4000- Rs 12 lakh 72 thousand 273 will be available
    • On depositing Rs 5000 – Rs 15 lakh 77 thousand 841 will be available
    • On depositing Rs 10000- 31 lakh 55 thousand 680 will be available
    • On depositing Rs 12000 – Rs 37 lakh 86 thousand 820 will be available
    • On depositing Rs 12250 – Rs 39 lakh 44 thousand 699 will be available
    - Advertisement -
    • TAGS
    • government schem
    • invest
    • PPF
    • PPF Account Details
    Facebook
    Twitter
    Pinterest
    WhatsApp
    Telegram
      Previous articleKVP: Superhit scheme of post office, money will be double in just so many months
      Next articleRailway News: New guidelines regarding railway tickets, know which ticket will be valid now
      Pravesh Maurya
      Pravesh Maurya
      https://www.rightsofemployees.com/
      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 @rightsofemployeescom@gmail.com
      Facebook Instagram Telegram Twitter Youtube

      Related ArticlesMore From Author

      FINANCE

      Axis Bank and Super Money launched Rupay Credit Card, you will get these benefits including cashback up to Rs 500

      8th Pay Commission
      FINANCE

      New update on 8th Pay Commission, important news for central employees and pensioners

      FINANCE

      8th Pay Commission: Minimum basic salary may increase from Rs 18,000 to Rs 51,480 depending on the fitment factor

      Recent Posts

      • Axis Bank and Super Money launched Rupay Credit Card, you will get these benefits including cashback up to Rs 500
      • New update on 8th Pay Commission, important news for central employees and pensioners
      • 8th Pay Commission: Minimum basic salary may increase from Rs 18,000 to Rs 51,480 depending on the fitment factor
      • e-Zero FIR: Central government has launched e-Zero FIR service, Key Details inside
      • Vehicles older than 15 years will not get petrol, rule will come into effect from July 1

      Read More

      Axis Bank and Super Money launched Rupay Credit Card, you will...

      May 23, 2025
      8th Pay Commission

      New update on 8th Pay Commission, important news for central employees...

      May 23, 2025

      8th Pay Commission: Minimum basic salary may increase from Rs 18,000...

      May 23, 2025

      e-Zero FIR: Central government has launched e-Zero FIR service, Key Details...

      May 23, 2025

      Vehicles older than 15 years will not get petrol, rule will...

      May 23, 2025

      EDITOR PICKS

      Axis Bank and Super Money launched Rupay Credit Card, you will...

      May 23, 2025
      8th Pay Commission

      New update on 8th Pay Commission, important news for central employees...

      May 23, 2025

      8th Pay Commission: Minimum basic salary may increase from Rs 18,000...

      May 23, 2025

      POPULAR POSTS

      Public holiday: Govt has declared September 17 as a public holiday....

      September 12, 2024

      School Closed: Govt declares all schools closed till January 15 after...

      December 28, 2024

      Govt Declares December 27 as a Public Holiday…Details Here

      December 26, 2024

      POPULAR CATEGORY

      • FINANCE13639
      • TAX719
      • EPF629
      • JOB218
      • PF149
      • PROVIDENT FUND80
      • PROPERTY RIGHTS52
      • EMPLOYEES RIGHTS49
      ABOUT US
      Rightsofemployees.com brings the Latest News & Top Breaking headlines on Politics and Current Affairs. Up-to-date news coverage, aggregated from sources all over the world by Rightsofemployees.com. Find latest news coverage of breaking news events, trending topics, and compelling articles.
      Contact us: rightsofemployeescom@gmail.com
      • Home
      • About us
      • Authors and Team
      • Contact US
      • Cookie Policy
      • Correction policy
      • Disclaimer
      • DNPA Code of Ethics
      • Fact-Checking Policy
      • Onwership and Funding
      • Privacy Policy
      • Terms of Service
      • Complaint Redressal
      © Copyright 2024 - Rightsofemployees.com Izon web Pvt. Ltd. All Rights Reserved. Contact US Izon Web Pvt. Ltd. Hno. 789, Basement, Dlf Phase 4 Sector 43, Gurgaon, Haryana -122009, Call: +91-9110801499, 0124-4941700