If you are worried about your future and are planning to secure your life after retirement at the financial level, then this news is especially for you. Today we are going to tell you about a very wonderful scheme, where you can collect a full 82.46 lakh rupees at the time of maturity by investing just 10 thousand rupees.
The scheme we are going to tell you about today is completely safe, you will not have to face any kind of market risks on the money invested in it. The name of this scheme is Public Provident Fund Scheme. This scheme is very popular in the country. It is also known as PPF. At present, you are getting an interest rate of 7.1 percent on investing in this scheme. In this episode, let us know about the Public Provident Fund Scheme in detail -
In the Public Provident Fund Scheme, you can invest a minimum of Rs 500 and a maximum of Rs 1.5 lakh annually. The maturity period of this scheme is for a total of 15 years.
However, after 15 years, you can extend your investment period for five years each. By investing in this scheme for a long period, you can collect a good amount.
To collect a large amount of Rs 82.46 lakh, you first have to open an account in the PPF scheme. After opening the account, you have to save Rs 10,000 every month and invest Rs 1,20,000 annually in it.
You have to make this investment for a full 25 years. If calculated at the current interest rate of 7.1 percent, then at the time of maturity you will have Rs 82,46,412. This money will not only secure your future at the financial level, but with its help, you will also be able to fulfill important purposes related to your future.
(PC: Adobe stock)
You may also like
US Election 2024: What time does polling open and close in each state (US time zones and IST)?
Kidney: Kidney disease can cause blood clotting in the brain's veins, can cause stroke, expert warns
Maharashtra Assembly Elections 2024: 87 Constituencies To Use Dual EVMs Due To Surge In Candidates Numbers
Tilaknagar Industries Shares Rockets Up 16% On NSE; Hits All Time High After PAT Zooms 82% In Q2 FY25
Dubai: Gold prices plunge in early trade as all eyes on US elections