Invest 417 rupees every day in this post office scheme, you will get more than 40 lakh rupees on maturity
If you want to get a good return without risk, then the PPF scheme of the post office is the best option. In this scheme, by saving a few rupees every month, you can raise a huge amount for yourself in the future.
If you want to get a good return without risk, then the PPF scheme of the post office is the best option. In this scheme, by saving a few rupees every month, you can raise a huge amount for yourself in the future. If a person deposits Rs 417 every day in the Post Office’s (PPF Scheme), then after maturity of 15 years, he will get an amount of more than 40 lakhs. The special thing is that tax benefit is also available in this scheme.
Currently 7.1 percent interest in PPF scheme:
In the Post Office Public Provident Fund (Post Office PPF Scheme) scheme, the government pays 7.1% interest annually. Along with this, it also gets the benefit of compound interest every year. Money can be invested in this scheme for 15 years. By the way, it can also be extended twice for 5-5 years. Explain that in this scheme, investors get the benefit of tax exemption under 80C on deposits up to Rs 1.5 lakh.
Apply 417 rupees daily, you will get so many lakhs on maturity:
If a person deposits Rs 417 daily in the PPF scheme of the post office, then about Rs 12,500 will be deposited in this scheme every month. Accordingly, his investment amount in 12 months i.e. 1 year will be around Rs 1.5 lakh. Now if he deposits money in it for 15 years, then the total amount deposited by him will be Rs 22.50 lakh. Interest and compound interest will also be available on this amount at the rate of 7.1% per annum at the time of maturity. In this way the amount of interest will be Rs 18.18 lakh. In this case, after 15 years, you will get a total of Rs 40.68 lakh.
Tenure can be increased even after maturity of 15 years:
If you want, after completion of maturity of 15 years in this scheme, you can extend the time of 5 more years. In this case, you will deposit 1.5 lakh rupees annually for 20 years in this scheme. At the same time, the amount you will get on maturity of 20 years will be around Rs 66 lakh. Whereas, if you extend this scheme for 25 years, then you will deposit Rs 37.50 lakh every year at the rate of Rs 1.5 lakh. By adding interest and compound interest on this at the rate of 7.1% per annum, your amount will be around Rs 1 crore.
