Earn ₹60,000 every month with this Post Office scheme! Learn how to build a fund worth ₹1 crore.
You can also earn up to ₹60,000 per month through the Post Office PPF scheme. Learn how investing for 25 years can create a total corpus of ₹1.03 crore, while also benefiting from tax exemptions and secure returns.
Are you worried about your retirement planning? If so, the Post Office Public Provident Fund (PPF) scheme is a boon for you. This government scheme not only protects your savings but also offers tax benefits and excellent returns. Let’s learn how this scheme can give you the opportunity to earn up to ₹60,000 every month.
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Features of the PPF Scheme
The Public Provident Fund is a long-term savings scheme with an interest rate of 7.1% per annum.
इसे भी पढ़ें: RBI New Rule: 1 अप्रैल 2026 से बदल जाएगा CIBIL स्कोर का नियम, अब हर हफ्ते अपडेट होगी आपकी साख
- The minimum investment amount is ₹500 and the maximum is ₹1.5 lakh per year.
- Tax exemption up to ₹1.5 lakh under Section 80C.
- The investment is completely safe because it is a government scheme.
- Compound interest generates tremendous long-term returns.
How to build a fund worth ₹1 crore
If you invest ₹1.5 lakh in PPF every year, this scheme can make you a millionaire. Let’s see the complete calculation (PPF Investment Calculator):
- First 15 years: An investment of ₹22.5 lakh will become ₹40.68 lakh.
- In the next 5 years, without any new investment, the amount will grow to ₹57.32 lakh.
- Then, in the next 5 years, this amount will increase to ₹80.77 lakh.
- If you continue investing for the full 25 years, the total fund can reach ₹1.03 crore.
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Earn ₹60,000 per month
If you have a corpus of ₹1.03 crore after 25 years and an interest rate of 7.1% applies, you will earn approximately ₹7.31 lakh in interest annually. This translates to a monthly income of approximately ₹60,941. Most importantly, your principal will be completely safe.
इसे भी पढ़ें: LIC Jeevan Utsav: एलआईसी का नया धमाका, बस एक बार भरें प्रीमियम और पूरी जिंदगी पाएं गारंटीड रिटर्न
Why PPF is the most reliable scheme
- Government protection: It is a completely risk-free scheme.
- Tax benefits: Tax exemption up to ₹1.5 lakh annually.
- Compound growth: The benefit of interest on interest over the long term.
- Suitable for everyone: Employed individuals, businessmen, or children—everyone can invest.
How to open a PPF account
You can open a PPF account at your nearest post office or any bank.
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- Start with a minimum of ₹500.
- It is mandatory to deposit an installment once every year.
- An online PPF account is also available, allowing you to invest easily.
FAQ
Q. Can a PPF account be opened in the name of a child?
Yes, parents can open a PPF account in their child’s name.
Q. Can withdrawals be made in the middle?
Yes, partial withdrawals are allowed after 7 years.
Q. Is the interest rate fixed?
No, the interest rate is decided by the government every quarter.
Q. Can a PPF account be opened simultaneously in both a bank and a post office?
No, only one PPF account is valid for an individual.
इस श्रेणी की और खबरें पढ़ने के लिए क्लिक करें: फाइनेंस
