New Delhi: The corona virus infection epidemic has caused great economic loss to people as well as lives for the last two years. Not only this, at the time of lockdown in Corona, the locks on all the companies were hanged, due to which the business of lakhs of people was snatched away. Now to strengthen their future financially, everyone wants to invest in such a place, which will keep money safe and also benefit. Sometimes it is also seen that some non-government companies take money from people on a bluff, but the benefit is not available. It is not so now.
You can get it by investing in post office schemes. If you are planning to invest in any post office policy, then we are telling you that you should invest money in Public Provident Fund. In this, where your money will be safe, you will also get guaranteed returns. The maturity period of PPF is 15 years. With this, you can create a fund of lakhs by depositing about Rs 70 a day.
At the same time, the account matures in 15 years. The money deposited in this account earns compound interest. From April 1, 2020, the government is giving an interest of 7.10 percent on this account. Suppose a person has deposited Rs 1,000 in PPF account every month. A deposit of Rs 1000 will become Rs 1,80,000 in 15 years.
On this you will get interest of Rs 1,35,567. Adding both the amounts will be Rs 3,15,567 on maturity after 15 years. If a person deposits 2 thousand or 24 thousand rupees annually every month, then his total deposit amount will be Rs 3,36,000.
At the same time, it is to be noted that the interest rates of post office schemes are reviewed every quarter. These changes are possible every quarter. However, there has been no change in the interest rates of post office schemes for the last several quarters. If one invests Rs 2000 every month in PPF and the interest rates increase then his maturity amount will increase.
– just open account
Any Indian citizen can open a PPF account. Account can also be opened in the name of minor. You will need at least Rs 500 to open a PPF account. Apart from the post office, PPF account can also be opened in branches of banks.
first published:Jan. 18, 2022, 11:33 a.m.
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