PF scheme is a very popular scheme of the government. In this scheme, you can collect a good fund by investing a little bit every month. If you are a working person, then you can easily invest Rs 5000 from your income every month in the PPF scheme and collect a good fund.
Investing money in a good scheme is important for every person. Every person should invest some part of his monthly income in a good scheme. Today we will tell you about such a scheme, in which you can collect a fund of up to Rs 2600000 by investing only Rs 5000 every month. We are talking about Public Provident Fund i.e. PPF scheme. Let's know.
Create a big fund with the PPF scheme.
PPF scheme is a very popular scheme of the government. In this scheme, you can collect a good fund by investing a little bit every month. The maturity period of this scheme is 15 years, but later you can extend this scheme twice for 5 years each. Every year you can invest up to Rs 1.50 lakh in this scheme. At the same time, the PPF scheme gives a return of 7.1 percent. This interest is received on a quarterly basis.
If you are a simple working person, then you can easily invest Rs 5000 from your income every month in the PPF scheme and collect a good fund.
Create a fund of 26 lakhs from PPF.
If you invest Rs 5000 in PPF every month, then you will invest a total of Rs 60,000 in PPF in a year. If you continue this investment for 15 years and extend it once for 5 years, then after 20 years you will have a total fund of Rs 26,63,315
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