How to save only Rs.1000 per month and get Rs.12 lakh, find out the details How to make money | in hindi, JUST1STOCK
PPF is the best option if you want to get a good return by investing safely. Let us know the details.
- Investing in PPF is a safe option
- You can get a good advantage in this
- Invest in PPF with caution
A good return can be obtained from PPF by investing for a long period. You can earn more than Rs 12 lakh by depositing just Rs 1000 per month.
The Central Government changes the interest rate on PPF account every quarter. Interest rates are usually 7 to 8 percent, which can be slightly increased or decreased depending on the economic situation. The current interest rate is 7.1 percent, which is compounded annually. This is more than the fixed deposit of many banks.
How much to invest?
You can invest a minimum of Rs 500 and a maximum of Rs 1.5 lakh per year in a PPF account. Its maturity period is 15 years. You can then withdraw this money or you can carry it forward every 5 years.
So why should waiting you , open an account today and make your future brighter.
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