Utility News Desk !!! If you want to invest your savings in a good place. In such a situation, today we are going to tell you about a very great scheme. The name of this scheme is Public Provident Fund Scheme. By investing in this government scheme, you will not have to face any kind of market risk. Apart from this, you also get good returns on investing here. Currently, you get interest at the rate of 7.1 percent on investing in the Public Provident Fund Scheme. If you want to deposit a large fund to secure your future. In such a situation, you can invest here. In this series, let us understand the mathematics of investment by which you can deposit Rs 1 crore by investing Rs 12,500 in the Public Provident Fund Scheme.
For this, you have to open your account in the Public Provident Fund Scheme. After this, you have to save Rs 12,500 per month and invest Rs 1.5 lakh annually in this scheme. You have to make this investment of Rs 1.5 lakh annually for 25 years. On maturity after 25 years, you will have a huge fund of about Rs. 1 crore. With this money, you will be able to live your future life in a financially prosperous way. Apart from this, you will also be able to fulfill all the important objectives related to your future through this. Your money invested in the Public Provident Fund Scheme matures in 15 years. However, you can extend it for 5-5 years. In this scheme, you can deposit a minimum of Rs. 500 annually and a maximum of Rs. 1.5 lakh can be invested.