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If you also want to become a millionaire soon, then start investing in this government scheme today

by Kavita Nagar
September 19, 2024
If you also want to become a millionaire soon, then start investing in this government scheme today

Utility News Desk !!! Most of us want to get good returns on our savings. However, due to lack of information, we are not able to invest our savings in a good place where we get good returns. If you want to invest your savings in a great place. In such a situation, today we are going to tell you about a very great scheme of the government, where you are getting the best interest rate on investment. The name of this government scheme is Public Provident Fund Scheme. At present, you are getting 7.1 percent interest on investing here. Investing in Public Provident Fund schemes also gives you many great benefits. Let us know about this scheme in detail in this episode-

The money you invest in the Public Provident Fund scheme matures in 15 years. In this scheme, you have to invest at least Rs 500. In this scheme, you have to invest a maximum of Rs. You can invest up to 1.5 lakh annually. In this episode, today we are going to tell you about the math that will help you save Rs 10,000 and deposit Rs 32.54 lakh on maturity.

For this, you will have to save Rs 10,000 per month and invest Rs 1,20,000 annually in the Public Provident Fund Scheme. You will have to make this investment for a full 15 years. If you calculate at the current interest rate of 7.1 percent, you will have Rs 32.54 lakh on maturity. With this money, you can fulfill all the important goals related to your future.

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