Post Office Scheme: If you want to get a good refund in the future, then the post office is one of the trusted institutions. You can fulfil your dream of earning big money here. There is no risk of depositing money here. Meaning the money is safe and you also get good returns in the future. Dakar’s Public Provident Fund, i.e. PP, F, is counted among the most popular schemes.
Along with security, this scheme also gives good returns. If you want to collect a fund of Rs 40 lakh in the Public Provident Fund Scheme, then do not delay. We are going to tell you a special way. You can get a great return in a good way. What will have to be done for this? Know some updates once.
Important things related to the PPF scheme
The Public Provident Fund Scheme of the post office is proving to be beneficial for the public. This is a great option. If a person invests Rs 12500 every month in this scheme, then according to this, Rs 22.5 lakh will be deposited in 15 years. The current interest rate in the PPF scheme is 7.1 per cent per annum. At this interest rate, you will get an additional interest of Rs 17.47 lakh in 15 years.
According to this, you can easily get up to Rs 40 lakh on maturity of the scheme. The most important thing in the PPF scheme is that the investment can be increased or decreased according to the income. This means that the return will be given as per the investment. Therefore, if you want to join the post office scheme, you can open an account.
Option of partial withdrawal
There is also an option of partial withdrawal from the Public Provident Scheme of the post office. In this, the account holders can apply for a loan after the first financial year. After completing five years in the scheme, you can make a partial withdrawal as needed. Some relief is also given in case of immediate needs.
With a combination of security, tax benefits and long-term wealth-growth potential, PPF remains the preferred savings option for countless Indians. If people are looking for a safe investment with assured returns, then the post office scheme remains a reliable option for them.