PPF investment: If you don’t want any risk and also want good returns then investing in PPF can be the best for you.
PPF investment: If you are looking for an investment scheme that has no risk and good returns, then Public Provident Fund (PPF) can be a good option. Any Indian citizen in this schemeinvestmentcan doIn PPFA maximum of Rs 1.5 lakh and a minimum of Rs 500 can be deposited every year.
This scheme is for 15 years and offers the benefit of compound interest. Currently On PPF The interest rate is 7.1 percent. If you too in this scheme investment Want to, let’s see how much return you will get on investing Rs 2000, 3000, 4000 and 5000 per month?
How much return if you invest 2 thousand?
According to the PPF calculator, if you invest Rs 2000 per month in PPF, you will have an investment of Rs 24,000 in a year. Thus, in 15 years you will invest a total of Rs 3,60,000. But at 7.1 percent compound interest, you will get Rs 2,90,913. Thus at maturity you will get a total of Rs 6,50,913.
If you invest 3000 thousand?
If you deposit Rs 3000 per month in PPF, you will invest a total of Rs 36000 in a year. 5,40,000 will be deposited in 15 years and Rs.4,36,370 will be received as interest on it. Thus, when your scheme matures after 15 years, you will get Rs 9,76,370.
If an investment of Rs.4000?
On the other hand, if you invest Rs 4000 per month in PPF, your annual investment will be Rs 48000. Thus in 15 years you will invest a total of Rs 7,20,000. You will get Rs 5,81,827 as interest on your investment at 7.1 percent interest rate. At the same time your maturity amount will be Rs 13,01,827.
If an investment of Rs.5000?
If you deposit Rs 5000 per month in PPF, your total investment will be Rs 60,000 in one year and your total investment will be Rs 9 lakh in 15 years. If we talk about the interest on this, as per the current interest rate, Rs 7,27,284 will be received as interest. Thus you will get Rs 16,27,284 on maturity through this scheme.
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