PPF Scheme: You can raise a fund of more than 32 lakhs by investing 10 thousand rupees, check details

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Today we are going to tell you about a great scheme of the government, where you can collect funds worth more than Rs 32 lakh by investing Rs 10 thousand.

After retirement, a person faces many financial problems in life. If a person does not save money for his future along with earning, then in such a situation many types of financial crises arise in front of him. Many times he is forced to depend on another person on the financial level.

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In this connection, today we are going to tell you about a great scheme of the government, where you can collect a fund of more than 32 lakhs by investing 10 thousand rupees. The special thing is that by investing in this scheme, you will not have to face the dangers of market risks. The name of this scheme is Public Provident Fund Scheme. It is also known as PPF. Let us know about it in detail –

You are currently getting an interest rate of 7.1 percent on investing in the PPF scheme. You can invest a minimum of Rs 500 and a maximum of Rs 1.5 lakh annually in this scheme. The maturity period of the Public Provident Fund Scheme is 15 years.

If your maturity period of 15 years is over, then you can invest for another 5-5 years. Many people in the country are investing in this scheme. Let’s understand how you can raise a big fund of Rs 32 lakh by investing Rs 10 thousand.

For this, first of all you have to open an account in PPF scheme. After opening the account, you have to save 10 thousand rupees every month and invest 1 lakh 20 thousand rupees annually.

If we calculate the current interest rate of 7.1 percent, then after 15 years, at the time of maturity, you will be able to collect around Rs 32,54,567. This money will work to empower you financially.

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