Nowadays everyone wants their savings to be safe and also get good interest on it, right? If you are also thinking the same, then the Public Provident Fund (PPF) scheme of the post office can be a great option for you. This scheme is of the government, so your money is completely safe in it.
Post Office PPF Scheme 2025: Benefits only!
Investing in the PPF scheme of the post office is a very profitable deal nowadays. Why? Because in this scheme you are getting more interest than bank FD. Not only this, there are many other benefits in it!
In today’s time, by depositing a little money in the Post Office PPF scheme, you can get a big amount on maturity. Let’s see how much return you will get if you deposit Rs 6000 every month.
PPF Scheme: Big profit in less investment
If you are thinking of investing in PPF scheme, then know that you have to invest every month for 15 years. And the good thing is that you can extend this period twice for 5 years each after maturity. To invest in this scheme, you first have to open a PPF account in the post office. Then you can deposit money in it every month as per your wish.
Special features of Public Provident Fund Scheme
PPF scheme is a small savings scheme, which has been started by the government through the post office. The interest received in this scheme is compounding interest, meaning interest on interest! Currently, this scheme is giving 7.1% interest. And what’s more, you also get tax exemption in this!
How much to invest in PPF account?
If you are planning to invest in the PPF scheme of the post office, then to open a PPF account, you will have to go to your nearest post office. Take the application form from there, fill it and submit it.
After this, you will have to deposit a fixed amount, and keep depositing the same amount continuously for 15 years. In this scheme, you can start investing with a minimum of Rs 500, and a maximum of Rs 1.5 lakh every year.
How much will you get if you deposit Rs 6000 every month?
Suppose, you deposited Rs 6000 every month in the Post Office PPF scheme for 15 years. So, your investment in one year will be Rs 72,000. And in 15 years, your total investment will be Rs 10,80,000.
At an interest rate of 7.1%, you will get Rs 8,72,740 in 15 years as interest only! That is, on maturity, you will get a total return of Rs 19,52,740. Isn’t this amazing?
