Post Office’s Public Provident Fund (PPF) scheme is considered a safe and beneficial option for small investors. If you invest Rs 12,500 in it every month, then a fund of about Rs 40 lakh can be created in 15 years
If you invest Rs 12,500 every month in this, then a fund of about Rs 40 lakh can be created in 15 years.
Trusted Schemes of Post Office
The post office has been the first choice of small investors for a long time. Due to government guarantee and safe investment options, people invest money here without hesitation.
Why is Public Provident Fund (PPF) special?
15 years lock-in period
7.1% tax-free interest per annum
Tax exemption on both investment and maturity
Investment limit
Minimum investment: Rs 500 per annum
Maximum investment: Rs 1.5 lakh per annum
Excellent option for small and medium income earners
Investing Rs 12,500 per month
Total deposit in 15 years: Rs 22.5 lakh
Interest income: Rs 17.47 lakh
Total amount on maturity: around Rs 40 lakh
Tax benefits
Tax exemption on investment (under 80C)
Interest completely tax-free
No tax on maturity amount
Loan and withdrawal facility
Loan facility after first year
Partial withdrawal after completion of 5 years
You can withdraw money in case of sudden need.
Benefits at a glance
Safe and reliable investment
Wealth growth in the long term
Better returns with tax savings
Why choose PPF?
If you want to build a safe, tax-free fund in the long term, then PPF is the best option for you.
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