savings money deposited - Rightsofemployees.com https://www.rightsofemployees.com Know Your Rights Wed, 24 Jan 2024 05:45:44 +0000 en-US hourly 1 https://wordpress.org/?v=7.0.4 https://www.rightsofemployees.com/wp-content/uploads/2018/01/cropped-emp1-32x32.png savings money deposited - Rightsofemployees.com https://www.rightsofemployees.com 32 32 PPF Scheme: By depositing just Rs 4,000 every month, you will get Rs 13 lakh in a few years https://www.rightsofemployees.com/ppf-scheme-by-depositing-just-rs-4000-every-month-you-will-get-rs-13-lakh-in-a-few-years/ Wed, 24 Jan 2024 06:05:09 +0000 https://www.rightsofemployees.com/?p=26578 PPF Scheme: Keeping savings money deposited in the bank is not a good option. Today the pace of inflation is increasing rapidly. It is gradually reducing the value of your savings. If you invest your savings in a good place. In such a situation, your chances of getting good returns from there increase significantly. In […]

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]]> PPF Scheme: Keeping savings money deposited in the bank is not a good option. Today the pace of inflation is increasing rapidly. It is gradually reducing the value of your savings. If you invest your savings in a good place. In such a situation, your chances of getting good returns from there increase significantly.

In this series, today we are going to tell you about a very wonderful scheme of the government. The name of this scheme is Public Provident Fund. This government scheme is quite popular in the country. 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 fund of Rs 13 lakh by investing Rs 4,000 in the PPF scheme. In such a situation, let us understand this mathematics of investment in detail –

For this, first of all you have to open an account in Public Provident Fund. After opening an account in Public Provident Fund Scheme, you will have to save Rs 4 thousand every month and invest Rs 48 thousand in it annually. Money invested in Public Provident Fund matures in 15 years. In such a situation, if you invest Rs 48 thousand annually in the Public Provident Fund Scheme for 15 years.

In such a situation, if you calculate on the basis of current interest rate of 7.1 percent, then at the time of maturity after 15 years, you will have around Rs 13,01,827. You will have to invest a total of Rs 7,20,000 during the investment period. You will get interest of around Rs 5,81,827 on your investment. By investing in Public Provident Fund Scheme, you do not have to face any kind of market risks. This scheme is completely safe.

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]]> PPF Scheme: By depositing Rs 12,500 every month, you will get Rs 40.68 lakh on maturity https://www.rightsofemployees.com/ppf-scheme-by-depositing-rs-12500-every-month-you-will-get-rs-40-68-lakh-on-maturity/ Wed, 01 Nov 2023 21:12:29 +0000 https://www.rightsofemployees.com/?p=23868 Public Provident Fund: Keeping the savings money deposited in the bank is not a very good option. You should invest your savings in some good schemes from where there is a good possibility of getting returns. Most of the people in the country look for safe investment options, which provide a fixed return and there […]

The post PPF Scheme: By depositing Rs 12,500 every month, you will get Rs 40.68 lakh on maturity first appeared on Rightsofemployees.com.

]]> Public Provident Fund: Keeping the savings money deposited in the bank is not a very good option. You should invest your savings in some good schemes from where there is a good possibility of getting returns.

Most of the people in the country look for safe investment options, which provide a fixed return and there is no risk of market risks. If you are also looking for such a scheme. In such a situation, this news is especially for you.

Today we are going to tell you about the Public Provident Fund Scheme. By investing Rs 12,500 in this scheme, you can collect a fund of Rs 40.68 lakh at the time of maturity. Public Provident Fund is one of the popular savings schemes of the country. The PPF investment scheme is offered by the central government. In such a situation, the returns received from here are completely safe.

You can invest in PPF for 15 years. A minimum of Rs 500 and a maximum of Rs 1.5 lakh can be invested in this scheme. At present, an interest rate of 7.1 percent is being given on investing in this scheme. Based on the current interest rate of 7.1 percent, if you save Rs 12,500 every month and invest Rs 1,50,000 every year in the Public Provident Fund.

In such a situation, at the time of maturity after 15 years, you will be able to collect a total of Rs 40,68,209. You will have to invest a total of Rs 22,50,000 during the investment period. You will get a total interest of Rs 18,18,209 on your investment.

In such a situation, after 15 years you will have a total of Rs 40,68,209. With the help of this money, you can fulfill your daughter’s marriage or other future related purposes.

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