If you want to invest your savings money in a good place. In such a situation, today we are going to tell you about a 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 by investing here. At present, you get interest at the rate of 7.1 percent on investing in Public Provident Fund Scheme. If you want to collect a large fund to secure your future. In such a situation, you can invest here. In this series, let us understand the math of investment from 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 will have to save Rs 12,500 per month and invest Rs 1.5 lakh annually in this scheme. You will have to make this investment of Rs 1.5 lakh annually for 25 years. On maturity after 25 years, you have about Rs. 1 crore will be a big fund. With these money, you will be able to live your next life in a financially rich manner. Apart from this, you will also be able to fulfill all the important objectives related to your future through it. Your money invested in Public Provident Fund Scheme gets matured in 15 years. However, you can increase it for 5-5 years. In this scheme, you have a minimum annual Rs. Can deposited. 500 and maximum Rs. 1.5 lakh rupees can be invested.
