Deposit only ₹ 100 daily in this government scheme, after so many years you will get 18 lakh rupees, money will also be safe

Utility News Desk!!! Public Provident Fund is proving to be a lifeline for the middle class. Investment made in this gives good interest. Along with this, you also get the benefit of income tax exemption. Let us tell you that if someone invests Rs 1000 or Rs 34 per month in these PPF schemes, then this amount reaches lakhs of rupees. This means that with a small investment you can earn a huge amount of more than Rs 18 lakh. Let us tell you that the Mayor gets this money in a very short time. After which you get a fist.

Let us tell you that a PPF account matures in 15 years and the account holder can withdraw all his money. But if you want to keep the account active instead of withdrawing money, you can do so easily. After 15 years, you can extend the PPF account as many times as you want for five years. Meanwhile, if you want to invest in it every month or you can continue the account without investing. If you choose not to invest, the amount deposited in the account will continue to earn interest. It is currently offering an interest rate of 7.1 percent.

What is mathematics

If you invest Rs 1000 every month in PPF and continue for 15 years, you will accumulate a total of Rs 1.80 lakh. In return for this deposit, you will get Rs 3.25 lakh after 15 years. In this, your interest at the rate of 7.1% is Rs 1.45 lakh. After the maturity of the PPF policy, if you continue for 5 years and continue to invest Rs 1000/- per month, the amount will increase from Rs 3.25 lakh to Rs 532 lakh after 5 years. After 5 years, if you again increase the PPF investment for 5 years and continue investing Rs 1000, then after the next 5 years the money in your PPF account will increase to Rs 8.24 lakh.