PPF Investment Trick: Earn ₹3 Lakh Interest Every Year Without Extra Investment

If you are looking for an investment where your money is completely safe and you get great returns, then the Public Provident Fund (PPF) is a great option for you. This is a government scheme, so there is no fear of money sinking into it. Today, we are going to tell you a trick, by adopting which you can get an interest of up to ₹ 3 lakh every year from PPF without investing any new money.

What is Public Provident Fund (PPF)?

Public Provident Fund (PPF) is a popular small savings scheme that is a safe and beneficial way of investing for the long term. In this, any person can start investing with a minimum of ₹ 500 every year, while the maximum investment limit is ₹ 1.50 lakh. The maturity period of this scheme is 15 years, but you can extend it twice more for 5 5 years. Currently, it gives interest at the rate of 7.1% per annum.

15 years of investment and bumper returns

If you invest a maximum of ₹1.50 lakh every year in PPF for 15 consecutive years, then at the time of maturity, your total fund will be ₹40,68,209. Your total investment in this will be ₹22.50 lakh, while your net profit will be ₹18,18,209. This is a tremendous return that can lay a strong financial foundation for your future.

How to earn interest of ₹3 lakh every year without investing

Now let’s talk about that special method. After the maturity of PPF, if you do not withdraw your fund and carry it forward for 5 years, then you will continue to get a return of 7.1% annually even without making any new investment.

For example, if you have ₹40,68,209 deposited in your fund, then you will get an interest of ₹2,88,842 in a year. This is close to ₹3 lakh that you will get every year in interest alone without investing any additional money. This is a very beneficial strategy for those who want to grow their funds further.

This way, PPF not only gives you a safe and good return but can also become a source of passive income for you in the long run.