If you invest Rs 12,500 every month, you can create a fund of about Rs 40 lakh in 15 years through this post office scheme.
Trusted Post Office Schemes
The post office has long been the preferred choice of small investors. With the government’s guarantee and secure investment options, people invest here without any hesitation.
Why is the Public Provident Fund (PPF) Special?
15-year lock-in period
7.1% interest per year (completely tax-free)
Tax benefits on both investment and maturity
Investment Limits
Minimum investment: Rs 500 per year
Maximum investment: Rs 1.5 lakh per year
A great option for low and middle-income earners
Total Amount After 15 Years (With Rs 12,500/Month Investment)
Total deposited: Rs 22.5 lakh
Interest earned: Rs 17.47 lakh
Total amount at maturity: Around Rs 40 lakh
Tax Benefits
Tax exemption on investment under Section 80C
Interest is completely tax-free
No tax on maturity amount
Loan and Withdrawal Facility
Loan can be taken after completing 1 year
Partial withdrawal allowed after 5 years
Can be useful in case of urgent financial needs
Summary of Benefits
Safe and trusted investment
Helps grow wealth over the long term
Offers good returns with tax savings
Why Choose PPF?
If you’re looking to build a safe, tax-free, and large fund over time, PPF is one of the best options available.
