Retirement voltage is over! Funds of millions will be made by investing so much money in PPF every month, see full calculation

Public Provident Fund (PPF) is a popular and secure investment scheme for government, especially designed to promote savings and investment for long periods. The deposit amount under this scheme and the interest received on it is completely guaranteed by the government, so it is considered a very safe option for investors. PPF can be a wonderful way for anyone who wants to prepare a great fund at the time of his retirement. A good investment portfolio is considered the same as the risk low and the security is great, and PPF meets this need well. The main advantage of this is that you can achieve a greater goal than small investment. If you invest from 3 thousand to 9 thousand rupees each month, if you invest from 3 thousand rupees to 9 thousand rupees in PPF each month, you can get good returns within a long time. Through this scheme available in post offices and banks, you can save financial security as well as taxes. Due to government support, the risk is very low. At the moment, the PPF scheme is gaining an annual 7.1 percent stake, which is very attractive compared to other safe schemes of the market. Who can open PPF account? You must be an Indian citizen to open a PPF account. Any person can open a PPF account with his name or parents in the name of their minor children. A person can only hold one PPF account, either in the post office or in an authorized bank. The minimum investment amount in this account is Rs 500 annually, while the maximum investment limit is set at Rs 1.5 lakh per year. You can also invest in a lump sum or monthly payments. This scheme is also excellent in terms of tax savings, as the amount invested in it, interest and all the amount received on expiration date is released from all three. If you invest 3 thousand rupees in PPF each month, your total deposit is Rs 36,000 (3,000 × 12) if you invest 3 thousand rupees each month. The total investment amount will be Rs 6,48,000 within 18 years. But your total interest income will be Rs 6,75,527 due to 7.1% annual interest available. In this way, at the end of 18 years, your account will have a total of Rs 13,23,527. This fund can become a strong economic support after your retirement. Creating such a great fund without any major risk can be part of a smart financial planning for any person. Mathematics of 6 thousand rupees monthly investment now if you invest 6 thousand rupees each month, then your annual investment amount is 72,000 rupees (6,000 × 12). Your total investment in 18 years is Rs 12,96,000. The amount received during this period will be Rs 13,51,054. Eventually, after 18 years, a total of Rs 26,47,054 is deposited into your account. That is, if your monthly savings increase slightly, your retirement fund can increase more than double. Other benefits of PPF tax exemption: Investment in PPF gives tax exemption under section 80c of the Income Tax Act. Interest is also tax -free: Interest earned in this is completely tax -free. Loan and partial withdrawal: After a few years of account you can take a loan to it and in certain circumstances partial withdrawal facilities are also available. Renewable Facility: After completing the original period of 15 years, you can increase it in a 5-5 year block. Conclusion If you are looking for secure investment and want to create a great fund for retirement, Public Provident Fund (PPF) may be an ideal option. You can create a great fund over time, even by starting small amounts each month. With a nominal amount of 3 thousand or 6 thousand rupees, you can prepare a fund of lakhs rupees within 18 years. So open the PPF account today and make your future financially secure.