New Delhi: There are many investment options available in the market. In the pursuit of high profits, people take risks and get trapped in a bad way. But there is an option in which the risk is low and the profit is also high. There is no risk of risk by investing in PPF i.e. Public Provident Fund. You can secure your future by investing money in it.
You get many times more amount than the money you make. If you deposit two and a half hundred rupees (250 rupees) daily in PPF, then you get a hefty amount of 62 lakh rupees on maturity. The investment tenure in PPF is at least 15 years. Investors can also invest for a longer period than this. In that period it can be extended for another 5 years. On completion of the scheme, you will get a Modi amount. You can withdraw your money after 15 years.
From Rs 500 to Rs 1.5 lakh, one can invest in PPF account every year. You get 7 to 8 percent interest on this amount. That is, if you invest 12 and a half thousand rupees in it every day, then after 15 years you will get about 42 lakh rupees. There is a facility in this that after the completion of the plan i.e. after 15 years, you can withdraw your money.
If you deposit two and a half hundred rupees (250 rupees) every day in the PPF account, then you will get a huge amount in return. According to 250 rupees every day, the month will be 7500 rupees i.e. for the year you are depositing 90 thousand rupees in the PPF account. If you put 90 thousand rupees in it every year for 25 years, then your total deposit amount will be 22 lakh 50 thousand rupees. On this amount, interest of about Rs 40 lakh will be available in the PPF deposit period, that is, on completion of the scheme, you will get an amount of more than 62 lakhs.
first published:Jan. 21, 2022, 3:47 p.m.
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